Harris | Oakmark launches two new actively managed ETFs targeting international and global large-cap value, leveraging its established value investment philosophy amid rising demand for tradable, lower-cost vehicles.
Harris | Oakmark has expanded its active exchange-traded fund lineup with two new launches targeting international and global large-cap value opportunities. According to the announcement, the Oakmark International Large Cap ETF (OAKI) and the Oakmark Global Large Cap ETF (OAKG) apply the firm’s long‑standing value investment philosophy, seeking quality companies trading below the management team’s estimate of intrinsic value through focused, bottom‑up research.
The firm said the additions join its existing Oakmark U.S. Large Cap ETF, which it described as a Morningstar Gold Medalist-rated offering. The company claims the ETF structure provides investors with transparency, intra‑day liquidity and potential tax efficiency while delivering Harris | Oakmark’s active, value‑oriented approach.
OAKI will be managed by David Herro, Tony Coniaris and Eric Liu and is expected to hold at least 40 primarily non‑US large‑cap companies. OAKG will be run by the same team alongside Colin Hudson and John Sitarz and will typically hold 30–60 U.S. and non‑U.S. names. The firm said the portfolio managers also oversee the group’s existing international and global mutual funds and that the ETFs mirror the same investment philosophy used across those strategies.
The announcement highlights the pedigree of the lead managers, noting long‑standing industry recognition for one of them. Independent summaries of the managers’ track records describe a decades‑long career in international equity management and earlier industry awards for strong long‑term performance, which the firm cites as supporting experience for the new ETFs.
The move comes as asset managers increasingly repurpose active strategies into ETF wrappers to meet investor demand for lower‑cost, tradable vehicles. Harris | Oakmark reported assets under management for the Oakmark Funds and its wider adviser group as part of the background to the launches, presenting the ETFs as a continuation of its nearly half‑century investing history.
The firm also included a detailed risk disclosure, noting that the new funds are actively managed, do not track an index, and carry typical ETF and foreign‑security risks , including the possibility that ETF shares trade at prices different from net asset value, limited trading markets, currency fluctuation, differing regulation and political risks. The company warned that, as new vehicles, the funds have limited operating histories and may not achieve economically viable scale.
In promotional remarks reproduced in the announcement, one partner and co‑chief investment officer for international equities said the ETF structure had already “proven valuable to clients” through the firm’s U.S. large‑cap offering and expressed enthusiasm for expanding the suite. Another partner and co‑CIO reiterated the firm’s near‑50‑year provenance and said the new ETFs would deliver the group’s consistent value discipline “now in an ETF structure.”
The firm invited interested investors to review prospectus materials and other disclosures before investing, and reiterated customary cautions that past recognition or ratings are not guarantees of future results.
- https://www.prnewswire.com/news-releases/harris–oakmark-expands-active-etf-suite-targeting-international-and-global-value-opportunities-302639413.html – Original press release. View link for all data
- https://www.prnewswire.com/news-releases/harris–oakmark-expands-active-etf-suite-targeting-international-and-global-value-opportunities-302639413.html – Harris | Oakmark has launched two new exchange-traded funds: the Oakmark International Large Cap ETF (OAKI) and the Oakmark Global Large Cap ETF (OAKG). These funds adhere to a value investment philosophy, aiming to identify quality companies priced below their intrinsic value. The launch expands Harris | Oakmark’s active ETF suite, complementing the Morningstar Gold Medalist-rated Oakmark U.S. Large Cap ETF (OAKM). The ETFs offer transparency, intra-day liquidity, and potential tax efficiency, combining value investing expertise with the benefits of the ETF structure.
- https://oakmark.com/etfs/oaki/ – The Oakmark International Large Cap ETF (OAKI) seeks long-term capital appreciation by investing in a diversified portfolio of large-cap companies primarily domiciled outside the U.S. Managed by David Herro, CFA, Tony Coniaris, CFA, and Eric Liu, CFA, the fund typically holds at least 40 companies. The portfolio managers also manage the Oakmark International Fund, employing a consistent value investment philosophy to identify quality companies priced at a discount to their intrinsic value.
- https://oakmark.com/etfs/oakg/ – The Oakmark Global Large Cap ETF (OAKG) aims for long-term capital appreciation by investing in a diversified portfolio of large-cap companies, both U.S. and non-U.S. Managed by David Herro, CFA, Tony Coniaris, CFA, Eric Liu, CFA, Colin Hudson, CFA, and John Sitarz, CFA, the fund typically holds 30-60 companies. The portfolio managers also manage the Oakmark Global Fund, employing a consistent value investment philosophy to identify quality companies priced at a discount to their intrinsic value.
- https://en.wikipedia.org/wiki/David_Herro – David Herro is a prominent figure in international equity investing, known for his value investment approach. He has been recognised by Morningstar, being named International Fund Manager of the Year in 2006 and 2016, and International Stock Fund Manager of the Decade for 2000-2009. Herro co-manages the Oakmark International Fund, the Oakmark International Small Cap Fund, and the Oakmark Global Select Fund, all advised by Harris Associates.
- https://newsroom.morningstar.com/newsroom/news-archive/press-release-details/2017/Morningstars-2016-U.S.-Fund-Manager-of-the-Year-Award-Winners-Achieved-Long-Term-Success-Impressive-2016-Performance/default.aspx – Morningstar’s 2016 U.S. Fund Manager of the Year Award recognised David Herro as the International-Stock Fund Manager of the Year. Herro’s Oakmark International Fund, which he has managed since its 1992 inception, outperformed its benchmark by more than 4 percentage points in 2016, landing in the category’s top decile. His investment approach combines growth and value strategies, exemplified by his investment in UK-based miner Glencore during its 2015 downturn.
- https://oakmark.com/news-insights/harris-associates-l-p-announces-launch-of-oakmark-u-s-large-cap-etf/ – Harris Associates L.P. announced the launch of the Oakmark U.S. Large Cap ETF (OAKM), the firm’s first ETF offering. Managed by Bill Nygren, Robert Bierig, and Michael Nicolas, the ETF seeks long-term capital appreciation by investing in a diversified portfolio of large U.S. companies. The fund employs Harris Associates’ consistent value investment philosophy, identifying quality companies priced below their intrinsic value, and is unconstrained by sector, typically holding 30 to 40 U.S. large-cap companies.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
The narrative is fresh, with no prior publications found. The press release was issued on December 11, 2025, and has not been republished across low-quality sites or clickbait networks. The inclusion of updated data and the launch of new ETFs justify a high freshness score.
Quotes check
Score:
10
Notes:
The direct quotes from David Herro and Tony Coniaris are unique to this release, with no earlier matches found. This suggests the content is original and exclusive.
Source reliability
Score:
10
Notes:
The narrative originates from Harris | Oakmark, a reputable investment firm with a longstanding history. The press release is hosted on PR Newswire, a legitimate distribution platform, indicating a high level of reliability.
Plausability check
Score:
10
Notes:
The claims about the launch of the Oakmark International Large Cap ETF (OAKI) and Oakmark Global Large Cap ETF (OAKG) are plausible and align with Harris | Oakmark’s previous ETF offerings. The narrative includes specific details about the ETFs’ management teams and investment strategies, enhancing its credibility.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative is fresh, original, and originates from a reputable source. The claims are plausible and supported by specific details, leading to a high confidence in the overall assessment.