Pzena Investment Management Appointed by St. James’s Place as Co-Manager of Its Global Value Fund
Pzena Investment Management Inc Class A (PZN)
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Source: GlobeNewswire
NEW YORK, July 13, 2020 (GLOBE NEWSWIRE) -- Pzena Investment Management announced its appointment by St. James's Place PLC as a manager in its Global Value Fund. Pzena will manage 50% of the fund based on its Global Focused Value strategy, its flagship global strategy managed since 2004. William Lipsey, President of Pzena commented: "Our appointment marks an important milestone in our firm's history, coming as it does 25 years since the firm's inception and five years since we opened our London office. Pzena has a proud history of partnering with sophisticated, long-term clients around the world. St. James's Place is the leading wealth manager in the UK with an impressive history of growth and innovation in the UK retail market who share our commitment to achieving long-term investment success for clients." Rich Pzena, the firm's founder commented: "We attribute the depth of our resources, our long tenure as an investment team, our outstanding client service, and the fact that we
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