This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Diamond Hill Investments Names Chris Welch Co-Chief Investment Officer

COLUMBUS, Ohio, June 17 /PRNewswire-FirstCall/ -- Diamond Hill Investment Group, Inc.  (Nasdaq: DHIL) today announced that effective June 30, 2010, Chris Welch will assume an additional role as Co-Chief Investment Officer of Diamond Hill.  Mr. Welch has the Chartered Financial Analyst (CFA) designation and a Bachelor's degree from Yale University.  He joined Diamond Hill in 2005 and has made meaningful contributions during his tenure with the firm.  Mr. Welch's primary focus will continue to be on his role as portfolio manager for Diamond Hill's Small-Mid Cap strategy.  He will share the Chief Investment Officer role with Ric Dillon, who will continue as Diamond Hill's CEO and co-portfolio manager for the Diamond Hill Long-Short strategy.

Mr. Dillon said, "As we reach our 10-year anniversary with significant growth in our client base, our organizational structure must evolve in preparation for the next decade and beyond.  I believe that with this change, we are allocating our human capital in the best possible way to benefit our clients and properly position Diamond Hill for continued success."

The Chief Investment Officer role at Diamond Hill is different than at many other investment organizations.   The CIO role is focused primarily on the external communication of Diamond Hill's investment philosophy and process, including direction for client-related investment team efforts and communications.  As always, the portfolio managers are ultimately responsible for decision making regarding their respective investment strategy, asset allocation, portfolio construction, and security selection.  

This evolution in organizational structure will benefit Diamond Hill's clients by establishing depth within the organization and taking advantage of the unique talents of each individual through expanded responsibilities.  "I am pleased to accept this additional responsibility and want to reiterate that our investment team will maintain its primary focus where it has always been – finding good investment opportunities and achieving favorable results over rolling five-year periods," said Mr. Welch.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs