NewSouth Capital Management is an employee-owned registered investment advisor based in Memphis, Tennessee, that has been in business since 1985. NewSouth manages investment portfolios primarily for institutional and private clients, focusing on long-term capital appreciation through fundamental, bottom-up research. The firm offers four concentrated equity strategies categorized by market capitalization, alongside balanced accounts, fixed income, and cash management strategies. NewSouth employs a disciplined approach centered on identifying undervalued companies and requiring a margin of safety before investing. The firm serves corporate and public pension funds, trusts, foundations, and private clients, though its services are generally not tailored for typical retail investors. NewSouth also acts as a sub-advisor for wrap fee programs and manages a private investment partnership.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $25.0M | 1.00% |
| $25.0M - $50.0M | 0.85% |
| $50M+ | 0.75% |
Rates shown are for Small Cap Value and Small/Mid Cap Value strategies. Other strategies have different fee schedules: Mid Cap Value and Value Opportunity range from 0.75% to 0.60%; Balanced accounts range from 0.70% to 0.50%; Fixed income and cash management accounts range from 0.40% to 0.30%. Actual fees and minimums may be negotiated.