RICHMOND, VA, SEPTEMBER 30, 2020 – RiverFront Investment Group and Chautauqua Capital Management are pleased to announce the launch of the RiverFront Chautauqua International ADR Portfolio (the “Portfolio”), now available in the RiverFront suite of investment solutions. The RiverFront Chautauqua International ADR Portfolio is a concentrated portfolio comprised of 25-35 international American Depository Receipts (ADRs) representing both the developed markets outside the US and the emerging markets. Utilizing active management, the goal of the portfolio is to outperform the benchmark (MSCI ACWI ex-US) over a normalized investment period of three to five years.
The strategy is normally diversified among at least 10 countries and invests primarily in developed markets. It also typically invests in emerging and less-developed markets. RiverFront has entered into a Model Provider agreement with Chautauqua Capital Management (“Chautauqua”) whereby Chautauqua provides an investment model that is used to make the investment selections in the portfolio. The Chautauqua team's investment process is built upon deep fundamental research and low historical turnover.
"We admire the investment process and the principals of Chautauqua, and we are long-term believers in the international equity markets," said RiverFront President & CEO Pete Quinn. "Our focus on serving the needs of financial advisors paired with Chautauqua's utilization of active management, which we feel is critical in international equity investing, made this a natural partnership as we add solutions to deepen our relationships with financial advisors and their clients."
"We have a great deal of respect for RiverFront's commitment to serving advisors and their clients. This dedication is one of the many reasons we are honored to work with RiverFront to make the RiverFront Chautauqua International Equity ADR available to financial advisors," said Chautauqua Partner, David Lubchenco. "Through RiverFront's marketing and communications support, we are able to bring our strategy to individual investors through SMA model account programs, while focusing our time on deploying the investment process."
RiverFront Chautauqua International ADR Portfolio will be available through financial advisors. To learn more, contact RiverFront Investment Group at www.riverfrontig.com or 866-583-0744.
ABOUT RIVERFRONT: RiverFront Investment Group is a global asset manager focused on Process over Prediction — a dynamic investment approach driven by a systematic, repeatable methodology. The firm provides flexible, risk-managed solutions for a range of investment objectives and risk tolerances. RiverFront is affiliated with Robert W. Baird & Co. Incorporated (“Baird”), member FINRA/SIPC, from its minority ownership interest in RiverFront. RiverFront is owned primarily by its employees through RiverFront Investment Holding Group, LLC, the holding company for RiverFront. Baird Financial Corporation (BFC) is a minority owner of RiverFront Investment Holding Group, LLC and therefore an indirect owner of RiverFront. BFC is the parent company of Robert W. Baird & Co. Incorporated, a registered broker/dealer and investment adviser. RiverFront and Chautauqua are affiliated via their common ownership under BFC.
ABOUT CHAUTAUQUA CAPITAL MANAGEMENT: Chautauqua Capital Management offers insightful, focused International Growth and Global Growth Equity investment strategies and mutual funds, managed using a conviction-weighted approach and risk-conscious philosophy to help investors achieve their financial goals. Chautauqua Capital Management is a division of Baird, a global financial services firm that has ranked among FORTUNE’s 100 Best Companies to Work For® since 2004. For more information, please visit www.chautauquacapital.com.