|By PR Newswire||
|September 16, 2013 10:30 AM EDT||
HOUSTON, Sept. 16, 2013 /PRNewswire-iReach/ -- Bridgeway Capital Management, Inc., investment adviser to the Bridgeway Funds, announced today that quantitative investment research leader Andrew L. Berkin, Ph.D. has joined the firm's investment management team in the newly created position of Director of Research.
Dr. Berkin is an expert in structured investment management whose publications on taxable investing are widely read. Dr. Berkin, who has an extensive technical background in theoretical physics, has spent the last 16 years applying his analytical capabilities to a variety of investment management considerations, including valuation, portfolio construction, and portfolio attribution.
In his new role, Dr. Berkin will drive statistical and economic research on financial data to further develop Bridgeway's investment strategies.
"Andy is a perfect fit for our investment team's expertise in delivering investment solutions that are statistically driven and grounded in academic theory," said Bridgeway founder and chief investment officer, John Montgomery.
"We're confident that Andy's vast knowledge and experience will advance our research program and strengthen our client service."
Dr. Berkin earned his bachelor of science with honors in physics from the California Institute of Technology and a doctor of philosophy in physics from the University of Texas, where he concentrated his studies in general relativity and astrophysics.
Most recently, Dr. Berkin was chief investment officer and director of research for Vericimetry Advisors, LLC, an investment management firm that provides quantitatively structured investment strategies to financial advisors for use in client portfolios. He previously was a senior member and director in the research group at quantitative investment manager First Quadrant, where he spent 14 years in a variety of responsibilities, including the development and implementation of quantitative models in both taxable and tax-exempt portfolios for institutions as well as individuals.
Dr. Berkin also spent five years as a National Research Council associate and later as a staff scientist with NASA's Jet Propulsion Laboratory during which time he won the 1996 NASA Software of the Year Award as a co-investigator and developer.
About Bridgeway Capital Management, Inc. and Bridgeway Funds
Bridgeway Capital Management, Inc. offers expertly designed mutual funds, separate accounts, and sub-advisory services to select institutions and advisors. Statistically driven and grounded in academic theory, Bridgeway's disciplined investment process reflects our passion for logic, data and evidence. Bridgeway Capital Management, Inc. was founded in 1993, manages $2.8 billion in assets, and is the investment adviser to Bridgeway Funds, Inc. Bridgeway is committed to making a positive impact within the community at large and donates 50% of its profits to non-profit organizations. More information on Bridgeway is available at www.bridgeway.com.
There are risks involved with investing in mutual funds, including loss of principal. Market volatility can significantly impact short-term performance. The Funds are not an appropriate investment for short-term investors.
Before investing you should carefully consider a Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by calling 1-800-661-3550 or visiting the Fund's website at www.bridgeway.com. Please read the prospectus carefully before you invest.
Bridgeway Funds are distributed by Foreside Fund Services, LLC, which is not affiliated with Bridgeway Capital Management, Inc., or any other affiliate.
Media Contact: Tony Ledergerber, Bridgeway Capital Management, 832-204-8218, firstname.lastname@example.org
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SOURCE Bridgeway Capital Management