RALEIGH, NC, February 09, 2012 /24-7PressRelease/ -- Emerging Manager Monthly in association with eVestment Alliance recently ranked portfolios from local investment manager Cardinal Capital Management, Inc. among the top emerging managers nationally. In EMM's Fourth Quarter Performance Report published earlier this month, Cardinal Capital's Non-US equity and Balanced Portfolios placed second and third in their respective categories among other national investment strategies.
Cardinal Capital's Non-US equity strategy ranked second in the "Europe, Australasia and Far East Mid-Large Cap" category with fourth quarter, one-year and three-year results of +4.96, -9.07, and +10.43, respectively. Meanwhile, their Balanced portfolio, a blend of 70% U.S. large cap equities and 30% short to intermediate term bonds, ranked third overall in the "Balanced/Multi Asset Large Cap" category with fourth quarter, one-year and three-year results of +8.50, +4.16, and +10.25, respectively.
"To be ranked among the very best among national emerging managers is quite an accomplishment, especially when you consider the performance of the U.S. and European economies today," said Cardinal Capital President Glenn Andrews. "This distinction is a direct reflection of our national investment experience and our continued commitment to excellence."
Cardinal Capital has received numerous accolades in recent years, including the honor of being named PSN's "Top Guns Manager of the Decade" for their Large Cap Core Equity and their U.S. Balanced portfolios. In 2008, they ranked in the top one percentile of all U.S. equity large cap core managers, out-performing the Standard & Poor 500 Index by more than 800 basis points in one of the industry's most challenging years.
Accomplishments like these have helped Cardinal Capital maintain its rank over the long term among the top 25th percentile of large cap core investment managers at a risk level lower than 88-90 percent of other managers.
Since its inception in 1992, Cardinal Capital Management has outperformed the S&P 500 Index, including a 19 percent better return by its U.S. Large Cap Core Composite versus that index over the past decade. In 20 years of business, Cardinal continues to enjoy sustained success for their clients with results verified quarterly as being in compliance with Global Investment Performance Standards (GIPS) by Ashland Partners & Company LLP, the leader in third party verification.
About Emerging Manager Monthly
Published by Financial Investment News - the premier source for asset management news and money manager searches, Emerging Manager Monthly is the first and only newsletter focusing on the emerging manager sector. It targets money managers, as well as the consultants, manager-of-managers, defined benefit plans, and others who make up the aggregate of this asset management sector.
About eVestment Alliance
One of Inc. Magazine's "5000 Fastest Growing Private Companies," eVestment is a global provider of institutional investment data intelligence and analytic solutions. Through its online eVestment Global Database, eVestment captures the most comprehensive dataset in the industry and distributes all information via its Web-based eVestment Analytics system, a platform that has set the software standard for online manager comparisons, research and competitive intelligence.
About Cardinal Capital Management
Cardinal Capital Management is an independent, fee-based, SEC-registered investment advisor. The company's clients include individuals, trusts, foundations, endowments, profit sharing plans, and others who value their high level of experience, expertise, attention to detail and personal service over the past 20 years. Cardinal Capital's studied and individualized approach to value-based investing is designed to offer excellent returns in changing market environments. Cardinal manages U.S. Large Cap equities, U.S. Small Cap equities, Non-U.S. equities, and U.S. fixed income portfolios for their clients. For more information, visit www.cardinalcapitalmanagement.com.
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