Targeting Growth at a Reasonable Price

By applying a sensible, “growth-at-a-reasonable-price” investment philosophy, Cadence Capital Management LLC (CCM) has earned a reputation as a solid core-equity manager. Opening its doors to institutional investors in 1988, Cadence began with $20 million in seed capital from Pacific Mutual Life Insurance Company. Today, Cadence provides investment management services to institutional investors and individuals through managed account programs and retail mutual funds, which are both offered through Allianz Global Investors. As of September 30, 2009, the firm had more than $5.8 billion in assets under management.

A longtime proponent of a moderate approach to growth investing, Cadence targets companies with sustainable earnings growth and reasonable valuations. Importantly, the firm's analysts are organized by sector and are responsible for stocks across the entire market capitalization spectrum within their coverage area. This helps give the team a more complete picture: the same individual can potentially cover a company at every stage of its growth cycle, from small-cap to large-cap.

Cadence is further distinguished by its broad-based approach-one that looks beyond traditional growth sectors-and seasoned investment team. On average, the firm's investment professionals have 13 years of experience with nine years spent at Cadence.