June 2010

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Since its inception in Los Angeles in 1980, Hotchkis and Wiley has focused exclusively on finding and owning undervalued securities that we believe have potential for appreciation. Today, we manage $14 billion in domestic value equity and high yield assets for institutional and mutual fund investors. The firm is independently owned with a majority interest held by employees.

Key firm attributes
  • Experienced:   30-year track record and tenured investment team
  • Dedicated:      A commitment to independent, in-depth research
  • Disciplined:     Consistent, time-proven value-oriented investment process
  • Independent:   Majority employee-owned
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Q1 H&W High Yield Commentary