In 2018, the U.S. Value Equity-EQ and U.S. Value Equity-CS composites produced gross returns of -21.0% (-21.6% net) and -17.9% (-18.9% net), respectively. Comparatively, the S&P 500 and Russell 1000 Value produced total returns of -4.4 % and -8.3%, respectively.
In 2017, the U.S. Value Equity-EQ and U.S. Value Equity-CS composites produced gross returns of +19.0% (+18.1% net) and +22.7% (+21.3% net), respectively. Comparatively, the S&P 500 and Russell 1000 Value produced total returns of +21.8% and +13.7%, respectively.
In 2016, the 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.
In 2015, the U.S. Value Equity-EQ and U.S. Value Equity-CS composites produced gross returns of -5.0% (-5.7% net) and -5.1% (-6.3% net), respectively. Comparatively, the S&P 500 and Russell 1000 Value produced total returns of +1.4% and -3.8%, respectively.
In 2014, our U.S. Value Equity-EQ and U.S. Value Equity-CS composites returned +13.4% and +14.1%, respectively, compared to +13.7% for the S&P 500 Index and +13.5% for the Russell 1000 Value.
New York, NY – March 9, 2016 – Lyrical Asset Management LP (LAM), a registered investment advisor and an affiliate of Lyrical Partners, L.P., announced today that its mutual fund, Lyrical U.S. Value Equity Fund (“LYRIX”), received an inaugural ranking from Morningstar. As of March 7, 2016, upon achieving its three-year track record, LYRIX was awarded a Five-Star rating based on Morningstar’s risk-adjusted methodology, and its return was determined to be in the top 1% of the 1,167 funds in the “Large Value” category. LYRIX’s portfolio management team is led by LAM’s Co-Founder and Chief Investment Officer, Andrew Wellington, and includes Co-Portfolio Manager and 15-year industry veteran, Caroline Ritter.
“When we launched Lyrical Asset Management, we resolved to create something uncommon in the traditional equity arena,” said Jeffrey Keswin, LAM’s Chief Executive Officer. “We embraced a benchmark blind approach, combining value and quality attributes in a disciplined, straightforward, low-turnover portfolio. We are gratified by the results to date and to have rewarded our early investors for their confidence in us and our investment program.”
LYRIX invests in 33 companies, diversified by industry but concentrated enough to drive differentiated performance. Assets in Lyrical Asset Management’s LYRIX mutual fund exceed $1.0 billion.
New York, NY – April 1, 2015 – Lyrical Asset Management LP (LAM), a registered investment advisor and an affiliate of Lyrical Partners, L.P., announced today that Lyrical Long-Only Partners LP received the Long Biased Equity Fund – Long Term Performance award at the annual 2015 Investors Choice Awards. The event recognizes fund managers that have achieved outstanding risk-adjusted absolute returns. The scoring methodology incorporates both a set of qualitative criteria, covering the investment process, risk management, and depth of research team, and quantitative measures, including annualized net returns, volatility, and maximum drawdown. The sum of qualitative and quantitative scores, in equal measure, determines the winner in each category. LAM’s portfolio management team is led by Co-Founder and Chief Investment Officer, Andrew Wellington, and includes Co-Portfolio Manager and 15-year industry veteran, Caroline Ritter.
“When we launched Lyrical Asset Management, we resolved to create something uncommon in the traditional equity arena,” said Jeffrey Keswin, LAM’s Chief Executive Officer. “We embraced a benchmark blind approach, combining value and quality attributes in a disciplined, straightforward, low-turnover portfolio. We are gratified by the results to date and to have rewarded our early investors for their confidence in us and our investment program.”
Over the six years ended December 31, 2014, LAM’s U.S. Value Equity strategy returned 324%, net of fees, or 27% per annum, outperforming the S&P 500 benchmark by 10% per annum, net of fees. U.S. Value Equity invests in 30-40 companies, diversified by industry but concentrated enough to drive differentiated performance.
New York, NY – September 12, 2014 – Lyrical Asset Management LP (LAM), a registered investment advisor and an affiliate of Lyrical Partners, L.P., announced today that as of June 30, 2014 and for the second straight quarter, Lyrical U.S. Value Equity Fund (NYSE: “LYRIX”), a 1940 Act Mutual Fund, was the #1 performing large cap value fund for the past twelve months as reported by the Wall Street Journal. LAM’s investment management team is led by Co-Founder and Chief Investment Officer, Andrew Wellington, and includes Co-Portfolio Manager and 15-year industry veteran, Caroline Ritter.
Lyrical Asset Management, LP (LAM), a registered investment advisor and an affiliate of Lyrical Partners, L.P., announced today that its Coventum-Lyrical UCITS product was ranked the #1 performing Equity – North America UCITS Manager over the trailing three years ended March 31, 2014, by Citywire Global. The Coventum-Lyrical portfolio management team is led by LAM’s Co-Founder and Chief Investment Officer, Andrew Wellington, and includes Co-Portfolio Manager and 15-year industry veteran, Caroline Ritter.
