Tradewinds Global Investors, LLC

Tradewinds Global Investors, LLC is an investment management firm based out of Los Angeles, California. The company was originally established in 2006 and has expanded to have an additional location in New York. Tradewinds Global Investors conducts its research internally, utilizing a fundamental methodology to make its investments. The company focuses on the public equity markets on a global scale, allocating its assets in the value stocks of small, mid, and all cap companies and benchmarking the performance of its portfolios against various MSCI and Russell indexes. Tradewinds Global Investors invests most heavily in the finance sector, which alone makes up over a quarter of its total asset allocations, and also invests in the information technology, health care, utilities and telecommunications, consumer discretionary, energy, and consumer staples sectors, among other sectors to a lesser degree, in order of decreasing allocation. The company holds its allocations an average of just under 8 quarters and, in the most recent quarter, has had a turnover rate of approximately 18.4%. Tradewinds Global Investors manages over $3 billion in total assets under management spread across over 3,500 total accounts, all of which are discretionary accounts. Both of the company’s total number of accounts and total assets under management have been decreasing in recent years with its total number of accounts once having been as high as over 50,000 back in 2010 and its total assets under management once having been as high as $33.8 billion five years ago. Tradewinds Global Investors mainly caters to high net worth individuals and pension and profit sharing plans, each of which makes up over a quarter of its client base, and also caters to investment companies, pooled investment vehicles, corporations, individuals, government entities, investment advisors, and insurance companies, in order of decreasing clientele. The company currently operates as a subsidiary of Nuveen Investments, Inc.