The new offering from the Legg Mason, Inc. subsidiary uses quantitative techniques to model the investment disciplines of fundamental investors and uses consistent, objective criteria to analyze a universe of stocks daily.
Batterymarch’s value universe includes approximately 1,800 stocks ranging from deep value to growth-at-a-reasonable-price, according to the company. Multiple risk controls, integrated throughout the investment process, help limit performance volatility, while cost-effective trading strategies are designed for maximum preservation of alpha.
“We have adapted our core U.S. Large Cap investment approach – in place since 1991 – to meet the unique demands of a style mandate,” said Thomas Linkas, the firm’s chief investment officer, in a news release. “In our view, one of the keys to long-term outperformance for this product is its large investment universe, which reflects the full array of value-oriented stocks. Our goal is to identify value stocks that can do well across a variety of market cycles, so our multidimensional stock selection model analyzes this universe using both growth and value measures.”
More information can be found at http://www.batterymarch.com.