James Barrow is a relatively unknown fund managers but he has big influence on Wall-Street. His assets under management exceeded the 55 billion mark in his investment firm Barrow, Hanley, Mewhinney & Strauss. This money was spread on 159 stocks of which 7 were completely new. James follows a value-oriented investment strategy.
James is a real dividend large cap lover. Nearly
all of his latest 20 big stock acquisitions pay dividends. In addition, James
is a much diversified guy. None of his stakes is extremely overweighed. The
biggest position is the tobacco company Philip Morris and has a portfolio share
of 3.5 percent while the 10th biggest stock holding weights only at 1.8
percent.
Compared to other fund managers, his performance
is also weak in the short term. Over the past three years, the excess return
was only 3.3 percent in total. His five-year advance is a bit better with 14
percent excess gain but over 10 years, his performance is 27.8 percent weaker
than the S&P 500. Over a very long period of 15 years, he beat the market by
49.4 percent excess gain.
