Westwood Funds' [profile] assets were up 24 percent year over year from $1.2 billion at the end of Q1 2011 to $1.5 billion at the end of Q1 2012.

Westwood Holdings Group, sponsor of the Westwood Funds, reported earnings of 52 cents per share. Estimated earnings by S&P Capital IQ were 67 cents per share.

"Our Westwood Funds family of mutual funds continues to grow, with assets of $1.5 billion at quarter end. While we maintain our focus on generating competitive performance and providing superior service for our existing clients, as announced last week, we are pleased to welcome our new team members in Canada who will extend our investment management capabilities with the launch of Emerging Markets and Global Equity strategies,” said Brian Casey, Westwood’s president & CEO. 

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