We’re thrilled to share that Doug Leach, our mid-Cap Strategy Portfolio Manager, has been selected as the Domestic Mid-Cap Equity Emerging Manager of the Year! This recognition underscores Doug’s exceptional skill within the Mid-Cap Space. Join us in congratulating Doug on this remarkable achievement, a testament to his unwavering dedication to excellence in investment management.
The DCM Mid Cap Value Strategy utilizes a fundamental, bottom-up classic value approach. They seek to find high-quality companies that are undervalued for transitory reasons.
A unique advantage of their process is a proprietary calculation of normalized earnings, or what they believe a company is able to earn in a typical environment over a full business cycle looking out three to five years.
The DCM Mid Cap Value Strategy emphasizes stocks with market capitalizations between $3.5 billion and $40 billion, and they typically maintain fully invested portfolios of 40 to 60 securities.
Congratulations to Doug and the team!