In the Systematic Long-Only model managed by Ascendere Associates, the goal is to find stocks and ADRs with the potential for growth at reasonable prices and a market cap greater than $2.5 billion. Let’s take a look at three different positions recently added to the model. The first is American […]
On November 10, 2010, Covestor hosted the first model manager Compliance Webinar featuring Chief Compliance Officer, Anne Dewey and Director of Manager Relations, Eric Esterkin. The Webinar covered the dynamics of our relationship with model managers, our compliance requirements and specific examples addressing the most common misconceptions. If you have questions about our […]
Richard Moore manages the Covestor model Market Comparables by using financial models that have been long refined. He looks at the financial forecast of companies and assesses their potential for earnings growth. During the last few weeks, Moore has added many additional positions to the model. One of these is […]
The Technical Swing model managed by Michael Arold uses technical indicators and movements in the market to determine which equities to add. As a short-term model, the goal is to take advantage of short-term price swings. On November 2nd, Arold added Apple Inc (NASDAQ: AAPL) to the model. AAPL had […]
This week we talked to Ascendere Associates founder J. Stephen Castellano about the financial models and consensus estimates used to help choose investments for his Systematic Long-Only model. Covestor LIVE: Can you tell us a little bit about the financial models utilized to pick equities and ADRs for the Systematic […]
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 […]