River Road Asset Management has appointed William W Yang as portfolio manager with responsibility for managing the firm’s new International Value Equity Strategy.
“Developing an international capability has long been a part of River Road’s aspirational business strategy,” says River Road chief executive officer, R Andrew Beck. “Following a multi-year search, we were able to identify Yang as a successful international investor who fit ideally with both the firm’s proprietary Absolute Value investment style and passionate, team-based culture.”
Yang brings nearly 15 years of investment experience to the firm. Prior to joining River Road, Yang served as senior portfolio manager for Boston Private Wealth, where he developed an 11-year track record investing in non-US companies. Yang has also served as equity research analyst in the securities research division and manager of the investment banking division at Shenyin & Wanguo Securities.
Beck says: “Hiring Mr Yang and launching the firm’s new International Value Equity Strategy are the first steps toward offering our clients a robust, global suite of Absolute Value investment solutions.”
River Road expects to make its International Value Equity Strategy available to clients in the first half of 2017.
