The asset manager has made its International Value and Opportunities strategies available through exchange-traded fund (ETF) share classes alongside their existing mutual fund structures.

Hotchkis & Wiley Capital Management, a Los Angeles-based investment manager, has launched ETF share classes for two of its existing mutual funds. The ETF share classes are the Hotchkis & Wiley International Value Fund (HWIV), and the Hotchkis & Wiley Opportunities Fund (HWO). The International Value strategy by the firm invests in 40-80 attractively valued companies located outside the US The ETF share classes will mirror the investment strategies of the corresponding mutual fund