Diamond Hill Announces Addition Of Austin Hawley As Co-Portfolio Manager On Large Cap Strategy

COLUMBUS, Ohio, Dec. 18, 2017 /PRNewswire/ -- Effective Dec. 31, 2017, Austin Hawley will join Chuck Bath as portfolio manager of the Diamond Hill Large Cap strategy. Mr. Hawley has served as assistant portfolio manager for the Large Cap strategy since February 2015. Mr. Bath will continue to serve as portfolio manager with Mr. Hawley. Chris Welch will continue to serve as assistant portfolio manager. 

"While Chuck has no immediate plans for retirement, it is important that we align our internal resources to deliver long-term value and provide adequate succession plans for each investment strategy," said Chris Bingaman, Chief Executive Officer. "Our investment philosophy and process has not and will not change, and the investment objective for the Large Cap strategy will remain unchanged. We are committed to providing investment strategies that deliver lasting value through a shared commitment to our intrinsic value-based investment philosophy, long-term perspective, disciplined approach and alignment with our clients' interests."

Chuck Bath, CFA (age 62) serves as Managing Director – Investments and Portfolio Manager for Diamond Hill's Large Cap and Large Cap Concentrated strategies. He joined Diamond Hill in 2002 and has 35 years of investment industry experience. Mr. Bath has a Bachelor of Science in Accounting from Miami University and a Master of Business Administration from The Ohio State University.

Austin Hawley, CFA (age 40) serves as Co-Chief Investment Officer and Portfolio Manager for Diamond Hill's All Cap Select, Financial Long-Short and Large Cap Concentrated strategies. He joined Diamond Hill in 2008 and has 18 years of investment industry experience. Mr. Hawley has a Bachelor of Arts in History (cum laude) and a Master of Business Administration (with distinction) from Dartmouth College.

Chris Welch, CFA (age 52) serves as Co-Chief Investment Officer and Portfolio Manager for Diamond Hill's Small-Mid Cap and Mid Cap strategies. He joined Diamond Hill in 2005 and has 22 years of investment experience. Mr. Welch has a Bachelor of Arts in Economics from Yale University (summa cum laude).

About Diamond Hill:
We are an independent investment management firm with significant employee ownership and $22.2 billion in assets under management as of Nov. 30, 2017. We provide services to institutions and individuals through mutual funds, institutional separate accounts, exchange traded funds, and private investment funds. Our strategies include long-only equity, alternative long-short equity, and fixed income. 

We serve our clients by providing investment strategies that deliver lasting value through a shared commitment to our intrinsic value-based investment philosophy, long-term perspective, disciplined approach and alignment with our clients' interests. For more information visit www.diamond-hill.com.

Diamond Hill Capital Management, Inc. is a subsidiary of Diamond Hill Investment Group, Inc. (NASDAQ: DHIL).

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SOURCE Diamond Hill Investment Group, Inc.