When portfolio managers take a position in a company’s shares, or even think about taking a position, it’s a highly analytical process. But interpersonal dynamics have an impact too. When a CEO makes an investor’s Spidey sense tingle, it can derail the investor’s interest. Here’s some ways I’ve seen CEOs get on the wrong side […]
This article was written with Oliver Pursche, the Co-Portfolio Manager of GMG Defense Beta Fund. It was part of a series of articles developed under an agreement with forbes.com to work with a variety of contributors and assist them in delivering actionable investment ideas each week. The site, forbes.com is one of the top 500 sites in the world with nearly 10 million subscribers and nearly 100 million page views a month.
Shelter Your Portfolio In Consumer Staples With Food, Clothing And Stellar Returns Read More »
This article was written with Oliver Pursche, the Co-Portfolio Manager of GMG Defense Beta Fund. It was part of a series of articles developed under an agreement with thestreet.com to work with a variety of contributors and assist them in delivering actionable investment ideas each week.
This article was written with Oliver Pursche, the Co-Portfolio Manager of GMG Defense Beta Fund. It was part of a series of articles developed under an agreement with thestreet.com to work with a variety of contributors and assist them in delivering actionable investment ideas each week.
This article was written on behalf of J.G. Wentworth as a by-lined article. It serves as a primer piece for agents and brokers and was part of a broad market education initiative associated with J.G. Wentworth’s launch of their Annuity Purchase Program, which offered investors liquidity for their annuities.
Secondary Market for Annuities: New Opportunities for Brokers and Their Clients Read More »
As a secondary market takes hold for annuities,new questions arise as to which annuities canbe sold into it. This article explains which annuities investors are most likely to recognize value with and which ones they are not.
Optimizing Annuity Values in the Secondary Market Read More »
This article was written on behalf of J.G. Wentworth as a by-lined article. It serves as a primer piece for so called Brokerage General Agents and was part of a broad market education initiative associated with J.G. Wentworth’s launch of their Annuity Purchase Program, which offered investors liquidity for their annuities.
The meteoric rise in the sale of annuity products is leveling off. However the liquidity provided by an emerging secondary market for annuities may propel sales further. This article provides insights on the origins and potential of the secondary market for annuities.
The valuation of portfolio securities is the cornerstone of the investment management industry. Securities valuations represent a significant day to day responsibility for fund management and directors. However, market timing scandals, increasingly interlinked capital markets and a broadening of securities held in mutual funds have brought to light new thinking and new rules about the fair valuing of portfolio securities. I worked closely with professionals in Deloitte’s financial services and investment management practice to help author this white paper which discusses why fund managers and trustees must now operate within a broader context and apply fair value procedures in a fund’s daily operations rather than as a contingency procedure applied when the fund’s board and or management believes pricing or other valuation irregularities might be present.
Fair Valuing of Portfolio Securities: Responsibilities of Fund Managers and Directors Read More »
Reaction to the wave of late trading and market timing scandals came in the form of the SEC’s compliance program for investment managers and advisors. This white paper which I helped author for Deloitte was written for compliance officers, c-level executives and board members of fund companies and provided them with a broad overview of the issues and implications issuing from this new regulatory initiative.
The SEC’s New Compliance Program Rules: Implications and Considerations Read More »