Cambria Investment Management,, a quant-driven manager of ETFs, has surpassed USD1 billion in assets under management. Cambria’s ETF division, which launched in 2013, employs rules-based strategies derived from deep research in historical market data and analysis to create its funds.
Cambria operates on the mission to preserve and grow capital by attempting to produce above-average absolute returns with low correlation to traditional assets and manageable risk. The firm’s suite of 10 ETFs, managed by Meb Faber and Eric Richardson, span across tactical, core and value strategies.
“We founded Cambria on our deep belief in rules-based investing, which we believe can yield better long term results for our clients,” says Meb Faber, Cambria CIO and co-founder. “Our success and growth is a testament to that strategy, as well as the trust of our investors who have endorsed us, our ideas, and our research.”
“The ETF industry is dominated by a handful of firms with massive distribution arms, but our success serves as proof that investors are looking for original, academically-driven investment solutions,” says Eric Richardson, Cambria CEO and co-founder. “We’ve done things a bit differently and we’re excited to move Cambria into a new era, having now crossed this milestone.”
In recent years, Cambria has also introduced its Trinity Portfolios through a robo offering, Cambria Digital Advisor. The Trinity Portfolio strategies are also available for advisors on the Riskalyze and TD Institutional Model Market Centre platforms. As part of its commitment to offer low-fee strategies for investors, Cambria does not charge any management fees for its separate account portfolios. In 2014, Cambria was the first firm to introduce an ETF with a permanent 0 per cent management fee.