A disciplined focus on the macroeconomic drivers of performance
Rarely does the same sector remain in favor year after year.
Through a disciplined analysis of 200+ global and domestic indicators, we form a macroeconomic outlook on which sectors, regions, and securities are most likely to outperform. Ultimately, we make allocation decisions based on the data, regardless of short-term market sentiment. This is where wisdom grounded in data makes a difference.
Data drives high conviction
Successfully navigating market trends, risks and cycles takes wisdom and discipline. Our process employs exhaustive research and analysis to screen out noise, avoid biases, and focus on the most important information. Our approach is differentiated by methodical analysis to discern what data matters most and when – knowledge which supports high-conviction decisions.Learn more
Active strategies based on macroeconomic analysis and conviction
Employs active allocation across global equity markets in pursuit of long-term capital appreciation.
Blends global equity growth potential with U.S. fixed income for stability.
Emphasizes capital preservation through an active fixed-income allocation with growth potential from global equities.
Employs high-conviction sector allocation and avoidance driven by macroeconomic analysis.
Large-Cap Core Equity
Combines high-conviction sector allocation and avoidance with active stock selection.
Commentary | Q4 2022
To everything, a season
With a weakening economic backdrop, we see opportunity in less economically sensitive areas of the market and fixed income. We also stand ready to adjust our outlook and positioning when markets begin to look past the downturn.
Our unique market and macroeconomic insightsCommentaries
Highlights | Q1 2023
Deteriorating data and the aggressive Fed point to late-cycle economic conditions
Macroeconomic highlights – Q1 2023
Key trends impacting our investment decisionsMacroeconomic Highlights
Research | Q1 2023
A look at GICS® sector revisions in 2023
An overview of March 2023 revisions to the GICS® sector/industry definitions and their potential implications for sector-based investing.
An in-depth look at select macroeconomic and market-related topicsResearch
Our greatest resource is our people and the focused wisdom and deep experience they bring to their work. Since 2004, we have grown to 28 employees.