Hotchkis & Wiley Global Value Fund (HWGV) Stock News

Hotchkis & Wiley, a Los Angeles-based investment manager overseeing $40 billion in assets, announced the launch of an ETF share class for its Global Value Fund, trading as Hotchkis & Wiley Global Value Fund (HWGV).

The ETF share class uses the same portfolio, strategy, and investment team as the existing mutual fund, investing in 40–80 attractively valued companies across domestic and international equity markets. According to Hotchkis & Wiley, the launch expands its ETF lineup, which already includes HWSM, HWIV, and HWO, and offers investors intraday trading and potential ETF tax-efficiency benefits.