Charles T. Akre, Jr. - Akre Capital Management
Managing Member and Chief Executive Officer of Akre Capital Management Chuck has been in the securities business since 1968 and continues to be the primary person responsible for Akre Capital Management's (ACM) investment advisory services and investment selection. Prior to managing the Akre Focus Fund, Mr. Akre was the sole portfolio manager to the FBR Focus Fund from its inception in December 1996 through August 2009. He previously held positions as shareholder, Director, CEO of Asset Management Division and Director of Research at Johnston, Lemon & Co. (a NYSE member firm). Chuck established ACM in 1989 and for a time operated it as part of Friedman, Billings, Ramsey & Co., ending in 1999. In 2000, ACM again became independent, and established its current location in Middleburg, Virginia in early 2002. Chuck holds a BA in English Literature from American University. back
Articles
A Strange 2011 for the Kiplinger 25
Kiplinger - 01.03.12
The Kip 25's five outliers barely lived up to the term. The worst performer among our domestic stock fund picks was Dodge & Cox Stock (symbol DODGX); it lost 4.1%. The best, in ascending order, were: FPA Crescent (FPACX), up 3.0%; BBH Core Select (BBTEX), up 5.7%; Vanguard Dividend Growth (VDIGX), up 9.4%; and Akre Focus (AKREX), which gained 11.1%.
Many Happy Returns
Value Investor Insight - 12.28.11
Middleburg, Virginia, home of Chuck Akre's Akre Capital, isn't the bustling metropolis in which many prominent investors ply their trade, but it has its advantages. "Being in a town with one traffic light," he says, "there are fewer distractions."
Reprinted with permission from the December 28, 2011 issue of Value Investor Insight (www.ValueInvestorInsight.com)
Decade Horribilis
Investment Advisor - 01.2012
Here, investment veterans Chuck Akre, managing member and CEO of Akre Capital Management; Hank Herrmann, chairman and CEO of Waddell & Reed; Iain Clark, CIO of Henderson Global Investors; and Gene Needles, president and CEO of American Beacon and president of American Beacon Funds discuss what strategies have worked for them, what they believe will continue to work moving forward and what qualities they consider key for investment management in the future.
How Three Funds Tried to Turn Back the Tide
New York Times - 10.08.11
Tough economic times led Charles T. Akre Jr., manager of the Akre Focus fund, to discounters like Dollar Tree, Ross Stores and the TJX Companies, owner of T. J. Maxx and Marshalls. "Businesses that help consumers stretch the dollar are a great place to be right now," he said. These three companies, which throw off lots of cash, should keep thriving even when the economy gains momentum, he said. Shares in the retailers recently accounted for about a quarter of the fund’s assets.