U.S. Mid Cap Value



Tracking Error 5% - 8% over a standard market cycle
Excess Return 2.5% - 4.0% over a standard market cycle


Phil Davidson, CFA 

Michael Liss, CFA, CPA

Kevin Toney, CFA

Brian Woglom, CFA

11 Investment Analysts

2 Client Portfolio Managers

Documents & Resources



U.S. Mid Cap Value is a bottom-up, low volatility strategy that invests in high-quality companies selling at a discount to fair value.

  • We believe investing in high-quality businesses selling at a discount to fair value will generate superior risk-adjusted returns over time.
  • We believe downside protection is critical to producing long-term outperformance.


Investment capabilities are available to institutional clients through separate accounts, sub-advised portfolios and commingled vehicles. Please contact us for availability in your region.



Sources: Frank Russell Co., FactSet

Portfolio managers are not licensed by the Hong Kong Securities and Futures Commission to perform any regulated function in or from Hong Kong. Furthermore, none of the portfolio managers are located in or operate in or from Hong Kong.

Data reflects past performance. Past performance does not guarantee future results. The value of investments may fluctuate. Data assumes reinvestment of dividends and capital gains.

The Russell Midcap® Index is a trademark/service mark of the Frank Russell Company. Russell® is trademark of the Frank Russell Company.