About Us
Harding Loevner manages $6.7 billion of global and more-specialized non-US equity strategies for institutional and individual investors, with the goal of providing superior returns with below-average risk. Daniel Harding and David Loevner, who together with Simon Hallett had earlier led the expansion of the Rockefeller family's century-old investment program into European and Asian markets, established Harding Loevner in 1989. Messrs. Loevner and Hallett direct the work of the firm's fifty-one employees as CEO and CIO, respectively; Mr. Harding retired from an active role in 2003.
In August 2009, Affiliated Managers Group (NYSE: AMG), an investment holding company with stakes in a diverse group of boutique investment firms, acquired a majority interest in Harding Loevner. The remaining interest is held by a broad group of Harding Loevner's professionals. Harding Loevner is governed by its senior employees and conducts its business independently.
Harding Loevner's core principles influence our approach to investing and to conducting business:
- Collaboration without Consensus: Collaboration is encouraged by requiring continual communication within the investment team throughout the investment process, while independent thought and creativity are preserved by ensuring that actions never require more than a single author and by holding each member separately accountable for his or her recommendations and decisions.
- Transparency: Just as we do not invest in a company unless and until we fully understand its business, we want our clients to understand our investment approach and how we apply it in managing their assets.
- Avoidance of Conflicts of Interest: We limit our business to providing investment advice so that neither we nor our clients need to worry about managing conflicts of interest.
- Integrity: We strive for perfection in our adherence to CFA Institute's standards for professional conduct, applicable government regulations and our own ethical policies, recognizing that our long-term success depends upon our reputation and the trust of our clients.