Jeremy will be based in Melbourne, reporting to Mr. John Jardim and working alongside Mr. Paul Whymper-Williams.

Jeremy joins Pzena from Northern Trust Asset Management, where he worked as Head of Wholesale Distribution (AU & NZ).

He previously worked at BT Financial Group, and AIA Australia and possesses extensive expertise in the finance industry and advice best practices, garnered from his accomplished career guiding advisory firms towards achieving strategic goals and driving continuous improvement.

The post New York-based Pzena adds to its Australian Team appeared first on AdviserVoice.

Founded in 1995, Pzena is a New York-based classic value manager with over US$64 billion in funds under management globally. The firm is well established in the Australian and New Zealand institutional markets, currently managing over A$6 billion in these regions, and it has been expanding its presence and capabilities within the wholesale wealth management channels across Australia.

Genium’s “Highly Recommended” rating signifies the highest level of conviction that a strategy can meet its stated investment objective and exceed its relevant peer group. This rating reflects Pzena’s disciplined and rigorous value investment approach, focusing on identifying undervalued companies with strong potential for recovery and long-term growth in the cheapest quintile of their respective investment universes. The investment team, comprising experienced portfolio managers and analysts, conducts thorough research to identify companies with the potential for significant upside.

Genium highlighted Pzena’s strong alignment with investors, noting the firm’s transition to being fully privately-owned. The firm’s extensive research capabilities, demonstrated by its 30-person investment team, combined with a long-term value perspective, position Pzena as a leading value manager in the global investment landscape.

The post Pzena Investment Management’s Australian Funds receive “Highly Recommended” ratings from Genium appeared first on AdviserVoice.

Recently, Pzena has expanded its presence and resources in Australia to offer its capabilities in the wholesale wealth management channels, including to managed accounts, and their advisors, and approved product lists for major wealth management firms. Lonsec’s “Highly Recommended” rating of the two funds Pzena offers in Australia, Pzena Global Focused Value and Pzena Emerging Markets Value is an important step along this journey for our firm.

Over its 27-year history, Pzena has consistently applied its classic value philosophy across a range of equity capabilities, identifying good companies which are out of favour with investors, which are suffering temporary issues or challenges. Pzena’s 29-person investment team is responsible for conducting deepdive investment analysis to establish the normalised earnings power for such companies that screen in the cheapest quintile of our various investment universes.

Pzena’s CEO, Caroline Cai, who is also a Co-Portfolio Manager for the two strategies offered in Australia, commented “we are delighted that our capabilities have been recognised with these ratings by Lonsec, giving us the opportunity to take our tried and tested investment skills to new investors in the Australian advice market. Buying good companies that are ‘on sale’ in a disciplined manner should always be part of a well-structured portfolio.”

The post Lonsec Rates Pzena’s Australian Funds “Highly Recommended” at their initial review appeared first on AdviserVoice.

John will be based in Melbourne, working alongside Mr. David Taylor, to lead the Pzena business in Australia.

John Jardim has had a successful 20-year career in the Australian asset management industry, most recently as Head of Institutional Distribution at BNP Paribas Investment Management and previously spending 10 years at Blackrock Asset Management both in Institutional and Wholesale Distribution roles. He commenced his role with Pzena earlier in the month.

David Taylor said “Pzena is delighted to welcome John Jardim to a leadership role in our Australian team at an exciting time for the development of the firm’s interests in Australia and New Zealand. There is a heightened interest in our investment proposition following an upturn in the value cycle after a long period of drought for this style of investment and at a time when, despite some recent narrowing, investment spreads between value and growth stocks remain at unprecedented wide levels”.

Firm founder and CEO, Richard Pzena comments, “the Australian and New Zealand savings markets continue to represent a very attractive proposition for our firm both for their sophistication and scale. Already, we have established a strong position in these markets, and we are excited to have John Jardim joining us to help lead the next phase of our journey here”.

The post New York-based Pzena adds senior position to its Australian Team appeared first on AdviserVoice.