James Cullen founded Schafer Cullen Capital Management in 1983 and has served as CEO and Portfolio Manager since the firm's formation, bringing over 50 years of investment experience. He emphasizes long-term value creation, stating that the firm looks for catalysts to drive earnings growth and multiple expansion over 3-5 years because they are long-term investors. Jennifer Chang joined the firm in 2006 and serves as Co-Portfolio Manager on High Dividend, Value Equity and Enhanced Equity Income strategies. She previously worked as an investment analyst at PNC Advisors and associate consultant at Bain & Company. Chang holds an MBA from Wharton School of Business (2004) and B.S. from Rice University (1999), maintaining the CFA designation since 2007. The management team operates within a 100% employee-owned firm with 65 industry professionals. Both managers demonstrate significant experience in value investing methodologies and fundamental analysis. The partnership combines Cullen's decades of strategic leadership with Chang's analytical expertise in security selection and portfolio construction.

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The firm's investment philosophy centers on value investing in low price-to-earnings and high dividend stocks, a strategy employed since 1983. The approach emphasizes investing with price discipline and maintaining a long-term investment horizon. The investment decision-making process follows a bottom-up approach, focusing on individual stock selection without considering benchmark index weightings or macro-economic considerations. Portfolio securities must meet stringent quality standards related to return on capital, cash flow generation, and balance sheet strength. The strategy seeks companies that can benefit from specific catalysts to drive fundamental performance and stock price appreciation over 3-5 years. The firm believes that focusing on low P/E and dividend-producing equities provides consistent returns while offering downside protection during market corrections. Historical studies support the premise that disciplined value strategies of selecting stocks at low prices relative to earnings or book value offer better than average market performance over time. The small cap focus applies this methodology to companies with market capitalizations generally below $4 billion. Portfolio construction typically maintains 25-35 stocks diversified across 15-20 industries with no more than 15% in any single industry at cost.

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