And the love for equity grows.

The Los Angeles-based Causeway [profile] has promoted two equity researchers to the position of portfolio manager.

Foster Corwith and Alessandro Valentini were given the honors, effective April 1.

According to the company, they will join Causeway's six current fundamental portfolio managers--Sarah Ketterer, Harry Hartford, James Doyle, Jonathan Eng, Kevin Durkin, and Conor Muldoon--in managing client portfolios on a team basis.

"Foster and Alessandro have made many meaningful contributions to Causeway over the years, and we're delighted to promote them to the portfolio management team," stated Sarah Ketterer, chief executive officer of Causeway. "We have an exceptionally talented investment team—analysts as well as portfolio managers—collaborating to achieve our clients’ long-term investment objectives."

Corwith joined Causeway in 2006 and is a director and fundamental portfolio manager responsible for investment research in the global industrials and consumer sectors.

Valentini, meanwhile, joined Causeway in 2006 and is a director and fundamental portfolio manager responsible for investment research in the global health care and financials sectors. 

Here is the press release:

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Company Press Release

Causeway Capital Management Names Foster Corwith and Alessandro Valentini Portfolio Managers

LOS ANGELES, CA -- April 3, 2013 -- Causeway Capital Management LLC ("Causeway"), an asset management firm specializing in global equity investing, today announced the appointment of Foster Corwith and Alessandro Valentini as portfolio managers, effective April 1.

Corwith and Valentini will join Causeway's six current fundamental portfolio managers--Sarah Ketterer, Harry Hartford, James Doyle, Jonathan Eng, Kevin Durkin, and Conor Muldoon--in managing client portfolios on a team basis.

"Foster and Alessandro have made many meaningful contributions to Causeway over the years, and we're delighted to promote them to the portfolio management team," said Sarah Ketterer, chief executive officer of Causeway. "We have an exceptionally talented investment team—analysts as well as portfolio managers—collaborating to achieve our clients’ long-term investment objectives."

Foster Corwith joined Causeway in 2006 and is a director and fundamental portfolio manager responsible for investment research in the global industrials and consumer sectors. Prior to joining Causeway, Mr. Corwith was a research associate at Deutsche Asset Management, where he was responsible for researching consumer staples companies.  From 2003 to 2004, Mr. Corwith was a project manager in the Corporate Services group of The Bank of New York.  From 2001- 2003, Mr. Corwith was an analyst in Credit Suisse First Boston’s prime brokerage unit. Mr. Corwith has an MBA from the University of Chicago, a BA, cum laude, from Tufts University, and is a CFA charterholder.

Alessandro Valentini joined Causeway in 2006 and is a director and fundamental portfolio manager responsible for investment research in the global health care and financials sectors.  Before coming to Causeway, Mr. Valentini worked as a research analyst at Thornburg Investment Management. From 2000 to 2004, Mr. Valentini worked as a financial analyst at Goldman Sachs in the European Equities Research-Sales division in New York.  Mr. Valentini has an MBA from Columbia Business School, with honors, an MA in Economics from Georgetown University and a BS, magna cum laude, from Georgetown University.  He is also a CFA charterholder. 

About Causeway

Established in 2001, Los Angeles-based Causeway provides investment management services to corporations, pension plans, public retirement plans, Taft-Hartley pension plans, endowments and foundations, mutual funds, charities, private trusts, wrap fee programs, and other institutions. Causeway's international and global value equity strategies use team-based, value-driven investment disciplines that combine in-depth research and analysis, active portfolio construction, and proprietary risk management. Causeway also manages a quantitative emerging markets equity strategy and a global absolute return strategy. The firm, wholly-owned by its employees, manages approximately $17 billion in total assets as of March 31, 2013. More information on Causeway's strategies and the firm's investment philosophy and team is available online at www.causewaycap.com.

 

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