Eric Liu, co-portfolio manager of the Oakmark International and
Oakmark Global Select Funds and a senior investment analyst at
Harris Associates L.P., adviser to the Oakmark Funds and an
affiliate of Natixis Investment Managers, has been appointed
co-portfolio manager of the Oakmark Global Fund.
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Mr. Liu will join portfolio managers Tony Coniaris, David Herro,
Colin Hudson and John Sitarz on the management team effective
today. Eric also co-manages the Global, Global Concentrated,
International and Japan institutional strategies at Harris
Associates L.P.
“Given Eric’s talent and experience, we welcome him on the
Oakmark Global management team,” said Mr. Herro. “Moreover, Eric’s
competitive drive and investment prowess are good examples of our
international team’s depth.”
Mr. Liu joined Harris Associates in 2009 after serving as a
research associate at Dodge & Cox and an investment banking
analyst at Jefferies & Company. He is a graduate of the
University of California Los Angeles and the University of Chicago
and is a CFA charterholder.1
In addition, Jason Long, co-portfolio manager of the Oakmark
Global Fund and a senior investment analyst at Harris Associates
L.P. will retire effective September 1, 2024.
Jason Long has been a co-portfolio manager of the Oakmark Global
Fund since 2016. He will transition portfolio management
responsibilities effective immediately and transition research
responsibilities over the next several weeks.
“On behalf of the entire investment team, I would like to thank
Jason for all his contributions in managing the Oakmark Global
Fund. We wish him well as he enters the next chapter of his life,”
said Mr. Herro.
Mr. Long re-joined Harris Associates in 2011. Prior to
re-joining, Jason held research positions at Security Global
Investors and Carmel Capital Partners. Jason was an analyst at
Harris Associates from 2004-2006. Prior to joining Harris in 2004,
Jason was an analyst at Brandes Investment Partners. He is a
graduate of San Diego State University and is a CFA
charterholder.
The Oakmark Global Fund is a diversified fund that seeks capital
appreciation by investing in mid- and large-capitalization
companies around the world. The Fund’s assets were $1.2 billion as
of March 31, 2024.
ABOUT OAKMARK AND HARRIS ASSOCIATES
The Oakmark Funds are a mutual fund family that utilizes a
long-term value investment approach. Oakmark’s investment
philosophy centers on the belief that superior long-term results
can be achieved through investing in companies priced at a
significant discount to what Harris Associates believes is a
company’s intrinsic value, with strong growth prospects and
owner-oriented management teams. The Oakmark Funds’ assets under
management totaled approximately $59 billion as of March 31, 2024.
More information about the Oakmark Funds is available at
oakmark.com.
Harris Associates L.P., a Chicago-based investment management
firm founded in 1976, serves as the adviser to the Oakmark Funds.
Harris Associates also manages U.S., international and global
portfolios for institutional and high-net-worth investors
worldwide. Including Oakmark, assets under management at Harris
Associates totaled approximately $108 billion as of March 31, 2024.
More information about Harris Associates is available at
harrisassoc.com.
The Oakmark Funds are distributed by Harris Associates
Securities L.P. Member FINRA. Before investing in any Oakmark Fund,
you should carefully consider the Fund's investment objectives,
risks, management fees and other expenses. This and other important
information is contained in a Fund's prospectus and summary
prospectus. Please read the prospectus and summary prospectus
carefully before investing. For more information, please call
1-800-OAKMARK (625-6275).
About Natixis Investment Managers
Natixis Investment Managers’ multi-affiliate approach connects
clients to the independent thinking and focused expertise of more
than 15 active managers. Ranked among the world’s largest asset
managers2 with more than $1.3 trillion assets under management3
(€1.2 trillion), Natixis Investment Managers delivers a diverse
range of solutions across asset classes, styles, and vehicles,
including innovative environmental, social, and governance (ESG)
strategies and products dedicated to advancing sustainable finance.
The firm partners with clients in order to understand their unique
needs and provide insights and investment solutions tailored to
their long-term goals.
Headquartered in Paris and Boston, Natixis Investment Managers
is part of the Global Financial Services division of Groupe BPCE,
the second-largest banking group in France through the Banque
Populaire and Caisse d’Epargne retail networks. Natixis Investment
Managers’ affiliated investment management firms include AEW; DNCA
Investments;4 Dorval Asset Management; Flexstone Partners; Gateway
Investment Advisers; Harris Associates; Investors Mutual Limited;
Loomis, Sayles & Company; Mirova; MV Credit; Naxicap Partners;
Ossiam; Ostrum Asset Management; Seventure Partners; Thematics
Asset Management; Vauban Infrastructure Partners; Vaughan Nelson
Investment Management; and WCM Investment Management. Additionally,
investment solutions are offered through Natixis Investment
Managers Solutions and Natixis Advisors, LLC. Not all offerings
are available in all jurisdictions. For additional information,
please visit Natixis Investment Managers’ website at im.natixis.com
| LinkedIn: linkedin.com/company/natixis-investment-managers.
Natixis Investment Managers’ distribution and service groups
include Natixis Distribution, LLC, a limited purpose broker-dealer
and the distributor of various US registered investment companies
for which advisory services are provided by affiliated firms of
Natixis Investment Managers, Natixis Investment Managers S.A.
(Luxembourg), Natixis Investment Managers International (France),
and their affiliated distribution and service entities in Europe
and Asia.
1CFA® and Chartered Financial Analyst® are registered trademarks
owned by the CFA Institute. 2Cerulli Quantitative Update: Global
Markets 2023 ranked Natixis Investment Managers as the 17th largest
asset manager in the world based on assets under management as of
December 31, 2022. 3Assets under management (“AUM”) of current
affiliated entities measured as of March 31, 2024, are $1,321.9
billion (€1,224.9 billion). AUM, as reported, may include notional
assets, assets serviced, gross assets, assets of minority-owned
affiliated entities and other types of non-regulatory AUM managed
or serviced by firms affiliated with Natixis Investment Managers.
4A brand of DNCA Finance.
6748049.1.1
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version on businesswire.com: https://www.businesswire.com/news/home/20240701363871/en/
Kelly Cameron VP, Public Relations & Communications (617)
449-2543 kelly.cameron@ngam.natixis.com