Anchor Capital Advisors will hire Michael C. Pierre as senior vice president and portfolio manager and acquire the $505M in client accounts that he manages from Moody Aldrich Partners. Pierre will manage Anchor’s Focused Value Strategy, a separately managed account sold to institutions and high-net-worth individuals.

Pierre is currently the portfolio manager for Moody Aldrich’s Focused Value product, which he founded over 13 years ago. He will continue to use the same investment philosophy and process in managing client accounts in Anchor’s Focused Value product.

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