Causeway Capital Management LLC

Background

Founded in June 2001, Causeway Capital Management LLC is a majority employee-owned investment management firm headquartered in Los Angeles, California. The firm specializes in global equity strategies, combining fundamental and quantitative research disciplines to manage portfolios across developed and emerging markets. As of March 31, 2025, Causeway oversees approximately $55.2 billion in assets under management (AUM) and employs 105 professionals, including 37 investment specialists.

Key Strategic Focus

Causeway's strategic focus lies in delivering superior returns over full market cycles by integrating fundamental and quantitative research to identify investment opportunities worldwide. The firm offers a range of equity strategies, including global, international, emerging markets, small-cap, and sustainable investments. By embedding both research approaches into each strategy, Causeway aims to leverage a dual perspective that enhances investment outcomes for clients.

Financials and Funding

As of March 31, 2025, Causeway Capital Management manages $55.2 billion in assets. The firm is majority employee-owned, with ownership distributed across its investment team and other members, aligning its interests closely with those of its clients and promoting organizational stability.

Technological Platform and Innovation

Causeway distinguishes itself through the integration of fundamental and quantitative research methodologies. The firm's proprietary quantitative risk model is embedded into fundamental portfolio construction, allowing for deliberate risk positioning. Additionally, Causeway has developed quantitatively driven alpha processes with fundamental risk mitigators to capture diverse performance drivers in emerging markets equities. This collaborative approach between fundamental and quantitative analysts fosters continuous innovation and enhances the firm's investment capabilities.

Leadership Team

Sarah Ketterer: Chief Executive Officer and Co-Founder. Sarah co-founded Causeway in 2001, bringing extensive experience in international value strategies.

Harry Hartford: President and Co-Founder. Harry joined Sarah in 1994 and has been instrumental in managing international value strategies.

Both leaders have a track record spanning over 30 years, reflecting their commitment and success as global investment managers.

Competitor Profile

Market Insights and Dynamics

The asset management industry is highly competitive, with firms striving to deliver superior returns and innovative investment solutions. Causeway's focus on integrating fundamental and quantitative research positions it uniquely within this landscape.

Competitor Analysis

Causeway's primary competitors include firms specializing in asset management and financial services. Notable competitors are:

Capital Dynamics: Specializes in asset management, including private equity, private credit, and clean energy investments.

Mirova: Provides financial services with a focus on sustainable investments.

IIFL Securities: Offers a range of financial services, including investment advisory and brokerage.

IndoPremier: Provides financial services with a focus on investment management.

These competitors vary in their areas of specialization and market focus, contributing to a diverse competitive landscape.

Strategic Collaborations and Partnerships

Causeway has developed proprietary tools such as Risk Lens Analytics, which it shares with clients to provide insights into active return forecasts, correlations, and ESG metrics. This initiative reflects the firm's commitment to transparency and client engagement.

Operational Insights

Causeway's integration of fundamental and quantitative research disciplines provides a distinct competitive advantage, enabling the firm to identify mispriced equities and seek upside potential across global markets. The majority employee-owned structure aligns the firm's interests with those of its clients, fostering a culture of accountability and long-term commitment.

Strategic Opportunities and Future Directions

Looking ahead, Causeway aims to continue evolving its investment strategies by leveraging its dual research approach and proprietary technologies. The firm is committed to integrating environmental, social, and governance (ESG) factors into its investment process, reflecting a broader industry trend towards sustainable investing. By maintaining its focus on value-oriented investments and expanding its global reach, Causeway is well-positioned to capitalize on emerging opportunities in the asset management industry.