With an average of more than 22 years of experience under their belts, the professionals at NWQ Managers (Trades, Portfolio), a value-oriented money management firm, can be said to know what they’re doing, and the numbers support that. In the last three years, NWQ Managers (Trades, Portfolio) has posted returns of 13.71% (2014), 35.8% (2013) and 14.92% (2012).
NWQ Managers (Trades, Portfolio) invested in 10 new stakes in the second quarter, which is fewer than the firm normally buys in a quarter. Its largest buy was a 2,370,864-share stake in NetApp Inc. (NASDAQ:NTAP), a Sunnyvale, Calif.-based computer storage and data management company, for an average price of $34.7 per share. The purchase had a 1.01% impact on NWQ Managers (Trades, Portfolio)’ portfolio. Continue Reading »