Lyrical: The Best Active Managers Are Patient And ACTIVERupert Hargreaves
Lyrical Asset Management may fly under the radar of most value investors, but the managed account and 1940 Act Mutual Fund provider deserves at least some attention.
For 2016 the asset manager’s U.S. Value Equity-EQ and U.S. Value Equity-CS composites produced gross returns of +16.0% (+15.1% net) and +16.3% (+14.9% net), respectively. Comparatively, the S&P 500 and Russell 1000 Value produced total returns of +12.0% and +17.3%, respectively. 73% of the . . .
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