Andrew Armstrong

Andrew Armstrong, CFA, is a Partner, Analyst, and Portfolio Manager at Cooke & Bieler, L.P., a Philadelphia-based institutional investment firm dedicated to value investing. In his current role, Mr. Armstrong helps lead investment research and portfolio management, focusing on long-term equity strategies that emphasize high-quality, low-risk stocks. His core responsibilities include company analysis, industry evaluation, and contributing to portfolio construction for clients across large cap, mid cap, small cap, SMID cap, all cap, and balanced domestic equity strategies.

Armstrong specializes in fundamental equity research, particularly within U.S. equity markets, and applies deep company and sector analysis to support Cooke & Bieler's value investment philosophy. He has extensive experience identifying undervalued securities and is involved in rigorous bottom-up research meetings with corporate management, emphasizing sectors aligned with the firm’s equity value focus.

Before becoming a Partner, Armstrong was Principal at Cooke & Bieler and previously served as a Research Associate at Hotchkis and Wiley Capital Management, where he developed expertise in equity analysis. He holds a BA in Economics from the University of Pennsylvania and holds the Chartered Financial Analyst designation. Armstrong is recognized for his commitment to fundamental research and for contributing to Cooke & Bieler's reputation for stability, continuity, and high standards in institutional asset management.