Byrne is founder and vice chairwoman of Westwood Holdings Group, a registered investment advisor, trading on the New York Stock Exchange (NYSE: WHG). Byrne had been CIO from inception until 2011. She retired as an employee in June 2015 and now serves as a consultant.
Founded in 1983, Westwood serves a variety of clients worldwide, such as corporate pension funds, religious organizations, endowments, foundations and high net-worth individuals out of three locations — Dallas, Omaha and Toronto. In addition, Westwood is the investment advisor to The Westwood Funds, a family of open-ended mutual funds. Byrne serves on the boards of Westwood Management and Westwood International Advisors (WIA), WHG subsidiaries and the Westwood Investment Funds plc. Westwood Holdings Group currently manages over $20 billion in assets.
She also acts as an advisor to Westwood Trust, WHG's subsidiary serving high net-worth investors. Westwood Trust offers trust and investment services through the use of commingled funds and customized portfolios.
Health-care stocks diverged Friday after the controversial GOP health care bill was pulled from the floor of the House.
Stocks closed mixed after a choppy trading session with NBC News reporting the House pulled a key health-care bill.
Ron Williams tells CNBC he believes there is a role for individual responsibility in the health-care delivery system.