Overview
Founded in 1969 to actively manage US institutional equity assets, Batterymarch Financial Management, Inc. (Batterymarch) later became one of the first US-based investment managers to invest internationally. The firm pioneered the use of computer-driven models that blend quantitative techniques with bottom-up fundamental analysis. All of its investment strategies share key attributes: rigorous stock selection; effective risk control; and cost efficient trading. As a global investment manager, Batterymarch invests in over 50 countries, customising its investment process according to the specific characteristics of each market.
Batterymarch has been active in managing UK and European equities for almost 25 years, and involved in emerging market equities since 1987. The firm's international equity strategy - combining fundamental principles and quantitative techniques - gives it the power to effectively follow a much larger stock universe than traditional managers. Customised by region and sector, its investment process seeks to add value in both up and down markets. Batterymarch became a wholly owned affiliate of Legg Mason, Inc. in 1995 but operates independently and is headquartered in Boston.
Philosophy
Batterymarch believes in quantitative investing, applying sophisticated information technology to equity investment management. Its proprietary strategies combine the power and discipline of advanced quantitative techniques with the wisdom of experienced fundamental investors.
Batterymarch's proven investment technology gives it the flexibility to customise its investment process to capture the intricacies of each country's unique market environment. The firm invests globally, with products that span the full range of equity asset classes.
Batterymarch's approach capitalises on its stock-picking capabilities. The cornerstone of its process is an advanced stock selection model developed by its investment professionals. Based on fundamental investment principles, this multifactor model is customised by country and sector, and ranks stocks based on overall attractiveness. There is no bias to 'value' or 'growth' stocks in the stock-picking process, and the approach is risk-controlled so that there are no big bets on individual stocks, countries or sectors.
Batterymarch believes that sharing information and ideas is the most effective way to make investment decisions. Portfolio decisions are made by the investment team, based on its combined knowledge and experience, as well as each member's unique insights, with specialists dedicated to various equity asset classes, which span US, non-US, and emerging market equities.
Batterymarch Financial Management, Inc. (Batterymarch) is affiliated with Legg Mason Investments through common control and ownership by Legg Mason, Inc. Legg Mason Investments provides its clients with access to Batterymarch primarily through its UK, Dublin and Luxembourg domiciled funds, in which Batterymarch serves as investment manager.