Welcome to our dedicated page for Westwood Hldgs news (Ticker: WHG), a resource for investors and traders seeking the latest updates and insights on Westwood Hldgs stock.
Westwood Holdings Group, Inc. (NYSE: WHG) is a premier investment management firm headquartered in Dallas, with additional offices in Toronto, Boston, and Houston. The company offers a diverse range of investment strategies tailored to institutional investors, private wealth clients, and financial intermediaries. With a robust $21.6 billion in assets under management as of June 30, 2018, Westwood has solidified its position in the investment landscape.
Westwood provides services through two primary segments: Advisory and Trust. The Advisory segment offers investment advisory services to corporate and public retirement plans, endowments, foundations, individual clients, and the Westwood Funds. This segment also provides sub-advisory services to mutual funds. Meanwhile, the Trust segment caters to high-net-worth individuals and institutions by offering trust and custodial services.
Westwood's investment strategies span various asset classes, including U.S. equities, multi-asset, global and emerging markets equities, global convertible securities, and master limited partnerships (MLPs). These strategies are accessible through separate accounts, the Westwood Funds® family of mutual funds, UCITS funds, and other pooled investment vehicles.
The company benefits from significant employee ownership, which aligns the interests of its workforce with those of its clients. This structure underpins the firm's commitment to delivering exceptional investment performance and client service.
Westwood's latest news highlights the launch of its second ETF, the Westwood Salient Enhanced Energy Income ETF (WEEI). This ETF diversifies exposure across the energy sector, including upstream, downstream, oil service, and integrated companies. WEEI aims to provide high income generation with an annualized yield target of 6-8%, significantly higher than traditional energy ETFs. This launch follows the successful introduction of the Westwood Midstream Plus ETF (MDST), reflecting the firm's ongoing innovation in serving its clients' evolving investment needs.
Westwood Holdings Group continues to be a trusted name in investment management, known for its comprehensive investment solutions, client-centric approach, and financial expertise.