C.H. Dean Portfolio Manager Wins Emerging Manager of 2024

April 30, 2024

We’re thrilled to share that Doug Leach, our mid-Cap Strategy Portfolio Manager, has been selected as the Domestic Mid-Cap Equity Emerging Manager of the Year! This recognition underscores Doug’s exceptional skill within the Mid-Cap Space. Join us in congratulating Doug on this remarkable achievement, a testament to his unwavering dedication to excellence in investment management.

The DCM Mid Cap Value Strategy utilizes a fundamental, bottom-up classic value approach. They seek to find high-quality companies that are undervalued for transitory reasons.

A unique advantage of their process is a proprietary calculation of normalized earnings, or what they believe a company is able to earn in a typical environment over a full business cycle looking out three to five years.

The DCM Mid Cap Value Strategy emphasizes stocks with market capitalizations between $3.5 billion and $40 billion, and they typically maintain fully invested portfolios of 40 to 60 securities.


Congratulations to Doug and the team!


To be eligible for the awards, managers must have at least $10 million in product assets, full-year 2023 performance, as well as 2022 year-end product information, with firm-wide assets up to $2 billion ($10 billion for MWBE). Managers were ranked based on excess returns over benchmark, performance vs peers, product asset $ and % growth, and information ratio, plus manager skill as calculated by Aapryl. A committee of industry experts in the plan sponsor and consulting communities reviewed the top three managers in each category and evaluated the merits of each firm based on quantitative and qualitative measures. Each award winner received the majority of the votes.