PORTSMOUTH, N.H. October 23, 2017 – Pax World Management LLC, investment adviser to Pax World Funds and a pioneer in the field of sustainable investing, announces the addition of Andrew Braun to the firm as Portfolio Manager, and Barbara Browning, CFA as Co-Portfolio Manager, of the Pax Large Cap Fund (PAXLX), and Yvonne Tai as Senior Analyst for the Pax Core Bond Fund (PAXBX). Mr. Braun and Ms. Browning have joined Chris Brown on the Pax Large Cap Fund’s portfolio management team until Mr Brown’s planned retirement at the end of 2017, at which point they will manage the Fund. Mr. Braun has also joined the portfolio management team of the Pax Balanced Fund (PAXWX). Ms. Tai has joined Portfolio Manager Tony Trzcinka on the Pax Core Bond Fund.
“We are pleased to welcome Andrew, Barbara and Yvonne to the Pax investment management team,” said Joe Keefe, President and CEO of Pax World. “They each bring impressive credentials and talent to Pax and I am confident they will make a strong contribution to our investment team, process and culture.”
Mr. Braun is a 23-year veteran of Goldman Sachs Asset Management, where he was Managing Director on the Value Equity Team and led a team of 30 portfolio managers and analysts. He served as the team’s Co-Chief Investment Officer from 2008 to 2014. Prior to joining Goldman Sachs, Mr. Braun was a Financial Analyst in the Corporate Finance Division at Dillon, Read & Co. Inc.
Ms. Browning was formerly Vice President and Senior Portfolio Manager at RBC Global Asset Management, Inc. where she co-managed Diversified Core, Concentrated Core and Diversified Large Cap Value Equity funds. Previously, Ms. Browning was a Senior Portfolio Manager and Investment Officer at National City Bank and a Senior Research Analyst at Banc One Investment Advisors Corporation.
Ms. Tai previously served as Assistant Vice President, Analyst at Moody’s Investors Service, Inc. and Vice President, Senior Credit Analyst at State Street Global Advisors.
Pax World Management LLC, investment adviser to Pax World Funds, is a pioneer in the field of sustainable investing. Pax World integrates environmental, social and governance (ESG) research into its investment process to better manage risk and deliver competitive long-term investment performance. For over 45 years, Pax World has made it possible for investors to align their investments with their values and have a positive social and environmental impact. Today, its platform of sustainable investing solutions includes a family of mutual funds, as well as separately managed accounts.
You should consider a fund’s investment objectives, risks, and charges and expenses carefully before investing. For this and other information, call 800.767.1729 or visit www.paxworld.com for a fund prospectus and read it carefully before investing.
Pax World Funds distributed by ALPS Distributors, Inc. ALPS Distributors, Inc. is not the distributor of Pax World’s Separately Managed Accounts.