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WCM is new subadvisor for RidgeWorth International Equity Fund

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WCM Investment Management has assumed subadvisory responsibilities for the RidgeWorth International Equity Fund (STITX), effective 1 September, 2015.

WCM replaces Certium Asset Management as the subadviser for the RidgeWorth International Equity Fund, which first launched in January 1995. The Fund seeks to provide long-term capital appreciation by investing primarily in a diversified portfolio of equity securities of foreign issuers.
 
The move reflects RidgeWorth's mission to provide clients with access to quality asset managers who offer well-defined, proven investment solutions.
 
"We are very pleased to establish this relationship and to bring WCM's unique talents to our clients," says Ashi Parikh (pictured), CEO and CIO of RidgeWorth Investments. "WCM provides a distinct benefit through its focus on identifying great businesses based on positioning, competitive advantage and corporate culture.”
 
WCM is an independent, employee-owned investment management firm located in Laguna Beach, CA.  The team will manage RidgeWorth's International Equity Fund according to their philosophy and process utilised for the WCM Focused Growth International strategy. This proven approach focuses on industry-leading, non-U.S. organisations led by visionary management teams with sound business strategies that are poised to dominate their industry into the future.
 
"We build portfolios that are distinct from benchmarks and other asset managers, which we believe is a competitive advantage. We concentrate our best investment ideas into our Focused Growth International strategy, while paying close attention to downside protection," says Paul Black, Co-CEO of WCM Investment Management.  "We are excited about the opportunity to work with RidgeWorth Investments and believe WCM's philosophy, experience and commitment to excellence align well with RidgeWorth.”
 
“The partnership between RidgeWorth and WCM is a natural fit given the similarities in philosophy, mission and corporate culture of the two firms." Parikh says.  "We are confident in the inherent advantages we see in WCM's investment strategy and believe our clients will benefit from their unique approach to investing."

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