TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Instagram Outage Disrupts Thousands of U.S. Users 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
DALLAS, Oct. 19, 2016 -- Westwood Holdings Group, Inc. (NYSE:WHG) today announced that it has signed a distribution agreement with The Cardinal Partners Group (TCPG), a third-party distribution firm focused on intermediary and institutional distribution across Continental Europe.
The agreement with TCPG is Westwood’s first direct distribution agreement in Europe, and demonstrates the company’s focus on growing its UCITS and separate account capabilities outside of the U.S. Westwood’s non-U.S. client base has grown in recent years and this segment is now approximately 20% of overall firm assets under management.
“Westwood is very excited to be partnering with The Cardinal Partners Group to better serve key groups of investors for our UCITS across Continental Europe,” said Brian Casey, President and CEO of Westwood Holdings Group. “TCPG has the asset class experience and expertise in local markets across Europe to best position Westwood’s high-conviction equity and outcome-oriented solutions.”
This new partnership with TCPG follows Westwood’s recent sub-advisory mandate in Europe focused on global convertibles, which has become a core investment capability in recent years as the firm increases its emphasis on delivering outcome-oriented solutions.
About Westwood
Westwood Holdings Group, Inc. provides investment management services to institutional investors, private wealth clients and financial intermediaries. With $21 billion in assets under management (as of June 30, 2016), the firm offers a range of investment strategies including U.S. equities, Master Limited Partnerships (MLPs), Multi-Asset, Global and Emerging Markets equities, and Global Convertible securities portfolios. Access to these strategies is available through separate accounts, the Westwood Funds family of mutual funds, UCITS funds and other pooled vehicles. Westwood benefits from significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol “WHG.” Based in Dallas, Texas, Westwood also maintains offices in Toronto, Boston, Omaha and Houston.
To learn more about Westwood: www.westwoodgroup.com
To subscribe to Westwood’s investment views: http://westwoodgroup.com/our-firm/subscribe/
To connect with Westwood on LinkedIn: http://linkd.in/1tty9mZ
(WHG-G)
Contact: Phil DeSantis 214-756-6900
