Brandywine Global Acquires Diamond Hill Capital Management’S High Yield-Focused Funds And Adds Portfolio Management Team
Brandywine Global Acquires Diamond Hill Capital Management’S High Yield-Focused Funds And Adds Portfolio Management Team
08/02/21, 12:40 PM
Brandywine Global Investment Management, LLC (“Brandywine Global”), a specialist investment manager and subsidiary of Franklin Resources, Inc. (NYSE: BEN), announced today that it completed its acquisition of the business of Diamond Hill’s high yield-focused U.S. corporate credit mutual funds following a previously announced agreement with Diamond Hill Capital Management (“Diamond Hill”) effective July 30, 2021. The acquisition expands Brandywine Global’s fixed income offerings and broadens its expertise in bottom-up fundamental credit research.
Company Info
Company info
Brandywine Global Investment Management, LLC ("Brandywine Global") believes in the power of value investing. Acting with conviction and discipline, Brandywine Global looks beyond short-term, conventional thinking to rigorously pursue long-term value. Since 1986, the Firm has provided a range of differentiated fixed income, equity and alternative solutions to clients worldwide. Brandywine Global, a specialist investment manager of Franklin Resources, Inc., manages $65 billion in assets under management as of June 30, 2021, with headquarters in Philadelphia and offices in Singapore1 and London.2 Visit www.brandywineglobal.com and the Firm’s industry-leading Around the Curve blog.