Private Banker International (PBI) * reports on a survey conducted by Scorpio Partnership on behalf of SEI that has highlighted that the disparity between the wealth management industry and their clients when it comes to the issue of transparency. Clients are demanding openness. While the industry believes it operates transparently, […]
Fund (EWD), a fund that attempts to mirror the performance of the MSCI Sweden index. On November 10th, the fund was trading at a discount to NAV. EWD’s price
A risk-averse approach to wealth today demands greater acceptance of what are traditionally “risk assets”. A historically significant rally may be approaching as effective risk tolerance normalizes.
Disclosure: Long TYW, DHG, LBF, and DRP in Well Intentioned Activism Profile Closed End Funds and Tax Advantaged Income (TYW only). Short AOD in Long/Short Opportunistic. On November 9th, 2010 TS&W / Claymore Tax-Advantaged Balanced Fund (TYW) made a press release broadly observed to reflect directional uncertainty in light of […]
In his Price Volatility Volume model, manager William Smith uses quantitative analysis to find equities that have been overbought or oversold. Recently, he added Exact Sciences Corp (NASDAQ: EXAS) to the model. EXAS, a colorectal cancer-focused molecular diagnostics company, recently had a jump in stock price. On August 24th EXAS […]
Sometimes, it can be difficult to figure out what economic catalyst prompted the day’s market movement. Today is not one of those days. While there were no major economic reports released today and yesterday’s reported drop in jobless claims was good news, the 2011 fiscal year outlook of Cisco Systems […]
In their Small Cap model, Gator Capital invests in 30 small cap companies. The model is structured so that each stock purchased is looked at in terms of a partial business ownership rather than just an equity investment. Gator Capital believes that the best businesses to own are those with […]
New Covestor manager Jeff Phillips has an MPA from Harvard and an MBA from Kellogg. He has invested casually for over 20 years, but 5 years ago began investing seriously with a bottom-up, opportunistic approach to picking stocks mixed with the occasional short that takes advantage of the overall direction […]
Focus Value model manager Analytic Investment attempts to take advantage of equity mispricing opportunities led by market inefficiency. To do so, Analytic Investment utilizes computer algorithms that compute the relative value of all stocks based on their fundamental factors. Last week, they added several new positions to the model, including […]
Jeff Phillips manages the Long-Short Equity model on Covestor with an eye toward maximizing the probability of the portfolio’s profitability by using results of ongoing empirical research. The model has assets stretching across all sectors and uses a market timing strategy. The top holding in the model is Dynamex Inc […]
The Cash Flow model managed by Jose Betancourt uses fundamental analysis to focus on cash flow and negative net debt. Recently Betancourt added a couple of new positions to the model. The first was Bridgepoint Education Inc (NYSE: BPI). BPI had assets totaling $281.7 million in 2009 and liabilities totaling […]
After increasing last week, initial unemployment claims fell by 24,000 this week according to a report issued today by the Department of Labor. The report (found here) also mentioned that the four-week moving average was reduced by 10,000. The Mortgage Bankers Association’s Weekly Application Survey showed an increase of 5.8 […]