Richard Bernstein

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Richard M. Bernstein, CFA
Portfolio Manager
Equity Research Analyst
Phone: 410-537-5459

Richard M. Bernstein, CFA, is a Partner at Brown Advisory and the lead manager of the Value Equity Fund. Mr. Bernstein also manages equity and balanced portfolios for institutional and high net worth clients. Prior to joining Brown Advisory, Mr. Bernstein was Vice President and Director of Research at Mercantile-Safe Deposit & Trust Company where he was responsible for equity fund management and research. He served as President of the Baltimore Security Analysts Society in 1990-1991.

Education

Johns Hopkins University, B.A. (1979)
Johns Hopkins University, M.A. (1983)

Community Involvement

President, First Fruits Farm, Inc.
Council Member, Hereford United Methodist Church

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Brown Advisory Wins Lipper Award
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Specialist US equities manager Brown Advisory has seen its US Equity Value Ucits III vehicle reach $100m in assets under management. Run by Richard Bernstein, the US Equity Value Ucits fund was launched under the group’s Dublin umbrella in February 2006 and mirrors the manager’s existing concentrated long-only strategy, which has $1.1bn of assets. Brown Advisory London office director Logie Fitzwilliams says the strategy has proved attractive in the European market this year. “We reached our three-year track record in February, launched a sterling-hedged share class in October, and have seen impressive inflows, not just from the UK but also from institutions in Scandinavia, Spain and Switzerland,” he says. Iveagh Private Investment House partner and head of portfolio management Chris Wyllie backs Bernstein’s approach and Brown’s strong research platform. “Together, these have delivered an outstanding long-term track record which can be replicated in the future,” Wyllie adds. “It is a good example of what we look for in a fund.” The milestone follows the recent launch to the European market of Brown’s US Equity Growth.