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West Coast Investment Consultancy Hires Towle & Co As Fund Sub-Advisor
Tom Burroughes
21 September 2010
California-based Callan Associates has hired Towle & Co, an investment firm based in St Louis, MO as a sub-advisor for its Diversified Alpha Small Cap Equity Fund, a multi-manager investment strategy. Strategies of this fund range from micro cap through SMID cap, and across core, growth and value style groups, Towle & Co said yesterday. Towle & Co was founded in 1981, and provides a specialized form of “pure” value investing. Callan Associates, founded in 1973, is a large, independently-owned investment consulting firms and is headquartered in San Francisco.