News & Research

Goldman Sachs’ Imprint Deal Shows ESG’s Potential

When John Goldstein sold his Imprint Capital to Goldman Sachs Asset Management in 2015, he took it as a sign that his 8 years in the trenches of the ESG investment world helped lead a quiet revolution in do-good portfolio management. The bulge bracket was not only listening to the big institutional investor, but also to independent advisors who were increasingly finding clients inquiring about so-called impact investing. One...

ThirtyNorth Celebrates Anniversary of ESG Strategy

Suzanne Mestayer, Managing Principal, ThirtyNorth Investments talks with Julie Cooling, Founder & CEO, RIA Channel about founding her now more than $130 million and growing RIA business. With a focus on gender-lens investing, ThirtyNorth is now celebrating their one year anniversary of their "Women Impact Strategy". This separately managed account identifies 50 of the top 500 global companies leading in gender diversity that also indicate factors of strong value and...

ESG Concerns Dog Commingled OCIO Model

By Alyson Velati July 13, 2017 Outsourced CIO (OCIO) Investure has recently come under scrutiny again from clients as they seek to better align their investments with their missions. One of Investure’s clients, the $286.8 million Barnard College Endowment, is evaluating its relationship following its announcement to divest from fossil fuel, says Rob Goldberg, chief operating officer of the college, via email.“Barnard College’s endowment is managed by Investure and has been...

For Research Affiliates, Bigger Not Always Better

Bigger is not always better, says John West, head of client strategies at Research Affiliates in Newport Beach, California. The 15 year old firm created by Rob Arnott and Chris Brightman works with other investment firms like Invesco for product development and distribution. Research Affiliates was one of the first firms to stake their claim to the smart beta movement, if you will, launching a tradable index in 2005....

JP Morgan Drives Growth Via Portfolio Construction Services For Advisors

J.P. Morgan’s Portfolio Service: A Look Into Their ‘Secret Sauce’Every investment firm has their own proprietary models for investing, their own secret sauce if you will. J.P. Morgan’s portfolio insights team is designed to give investment advisors a glimpse not into J.P. Morgan’s individual mutual funds and models, but into better, smarter portfolio construction…J.P. Morgan-style. For advisors who like the way this classic investment bank thinks about markets, then...

Pfister’s Outsourced CIO Model Delivers Alpha As Core

Dick Pfister, Founder & CEO, AlphaCore Capital sits down with Julie Cooling, Founder & CEO, RIA Channel to discuss his new firm that delivers due diligence on alternative investment strategies for financial advisors. AlphaCore was created two years ago and has already attracted over $300 million in assets from advisors focused on alpha generating strategies as core portfolio components, with ETFs or beta strategies used as satellite components. Pfister's...

BlackRock Gives Advice On Rate Hikes

 Karen Schenone, fixed income strategist with BlackRock, expects one or two more hikes this year, which keeps her safely within the consensus view. But there’s more to worry about with regard to the Fed than overnight lending rates. “There are also concerns over what happens when the Fed starts tapering its balance sheet, and what that will mean for long term rates,” she says, just posing the question and...

Why PIMCO Likes Munis

David Hammer, Head of Municipal Portfolio Management for PIMCO, says the best opportunity today for municipal bond investors is in the high yield space. That’s not just because of interest rates. It’s got more to do with bond spreads than yield itself.“The spread between a BB rated and an AA rated muni-bond is wider than BB and AA corporate bonds and that doesn’t happen often,” he says in this...

Where Davis Advisors Is Finding Opportunity

Chris Davis, portfolio manager of Davis Advisors says he is buying “what people hate.” For the most part, it’s paid off.U.S. banks are a particular favorite. He sees a “triple play” in financials due to rising earnings, multiples, and profits coming back to shareholders through dividends. He singled out Wells Fargo (), Capital One (), and J.P. Morgan () as examples of companies his team believes have gotten out...

World Outlook Bright, But Not Brilliant

In the new normal, 2.7% global GDP growth is a blockbuster success. That’s where we are heading in 2017, according to the latest assessment by the World Bank.The outlook is bright, but not brilliant."For too long, we’ve seen low growth hold back progress in the fight against poverty, so it is encouraging to see signs that the global economy is gaining firmer footing,” World Bank Group President Jim Yong...