LOS ANGELES, Jan. 19, 2016 /PRNewswire/ -- Cambria Investment Management, LP, the Los Angeles-based investment management firm, today announced the appointment of Don Evans as its Director of Business Development. Mr. Evans will be responsible for the overall sales growth of Cambria's lineup of ETF portfolio strategies.
"Don is Cambria's first Director of Business Development -- marking another important milestone for the company," said Meb Faber, co-founder and Chief Investment Officer of Cambria.
Eric Richardson, Cambria's co-founder and Chief Executive Officer, added "Don is an experienced executive with a proven track record of building new business lines, formulating marketing plans and managing key relationships. We are excited to have his expertise in sales and business development as Cambria continues to provide quantitative asset management portfolios to high net worth individuals and institutions through separately managed accounts, private funds and the Cambria family of ETFs."
In his previous positions with BIC Group, Virtus Investment Partners, UBS, and Paine Webber, Mr. Evans developed and managed product and marketing support in the broker/dealer, financial planner and RIA channels. He has achieved a distinguished track record in the financial services industry as an executive with experience building and managing high performing distribution teams.
"I am excited to be joining Cambria's cutting edge investment management team," Evans said. "The company's expertise in creating low cost, innovative ETF strategies empowers the greater advisor community to offer investment solutions for high net worth clients and institutions. Cambria's proprietary quantitative trading models and investment philosophy of growing capital under strict risk controls are particularly attractive given their unique styles and low costs."
ABOUT CAMBRIA INVESTMENT MANAGEMENT, LP
Cambria Investment Management, LP, based in Los Angeles, California, is a SEC registered investment management firm employing a disciplined multi-asset, global quantitative research process. Cambria provides investment management services to high net worth individuals and institutions through separately managed accounts, private funds, and public exchange-traded funds. Global diversification through asset allocation, coupled with prudent risk management, is the foundation of Cambria's investment philosophy. For further information, see www.cambriainvestments.com and www.cambriafunds.com.
Carefully consider the Fund's investment objectives, risk factors, charges and expense before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by calling 855-383-4636 (ETF INFO) or visiting our website at www.cambriafunds.com. Read the prospectus carefully before investing.
The Cambria ETFs are distributed by SEI Investments Distribution Company, which is not affiliated with Cambria Investment Management, LP, the Investment Adviser for the Fund.
Investing involves risk, including the possible loss of principal.
SOURCE Cambria Investment Management