Brown Advisory

MARCH 30, 2020

For the past year, we have been preparing client portfolios for the end of the extended bull market run that began in 2009—building cash and liquidity reserves, and also exploring opportunities in private and alternative asset classes that historically have offered lower correlation with public markets. Despite the U.S.

Management 52

Management Marketing Marketing Clients 52

Brown Advisory

MARCH 30, 2020

For the past year, we have been preparing client portfolios for the end of the extended bull market run that began in 2009—building cash and liquidity reserves, and also exploring opportunities in private and alternative asset classes that historically have offered lower correlation with public markets. Source: BLOOMBERG. .

Management 52

Management Marketing Marketing Clients 52

Brown Advisory

SEPTEMBER 21, 2022

In the industrials space, we tend to shy away from deeply cyclical commoditized businesses and see resilience in companies that typically benefit from a meaningful after-market component or subscription-like revenues from maintenance or service contracts, e.g. Others such as U.S. 4 Source: FactSet® and Brown Advisory calculations.

Portfolio 86

Portfolio Manufacturing Investing Investments 86

Brown Advisory

SEPTEMBER 6, 2022

TSMC is typically the cheapest producer at each node so it wins market share in downturns as capacity frees up – we think of it as a cyclical share winner who takes market share in a downturn and tries to hold onto most of those gains as demand returns during the next upswing. Near-term cutbacks risk innovation and long-term growth.

Investing 52

Investing Investments Insurance Ethics 52

Brown Advisory

SEPTEMBER 19, 2023

In the industrials space, we have refrained from investing in deeply cyclical commoditized businesses and see resilience in companies that typically benefit from a meaningful after-market component or subscription-like revenues from maintenance or service contracts, e.g. Others such as U.S. ROIC, 7.11% three-year sales growth and a 4.2%

Portfolio 52

Portfolio Investing Investments Financial Services 52

Brown Advisory

SEPTEMBER 19, 2023

In the industrials space, we have refrained from investing in deeply cyclical commoditized businesses and see resilience in companies that typically benefit from a meaningful after-market component or subscription-like revenues from maintenance or service contracts, e.g. Others such as U.S. ROIC, 7.11% three-year sales growth and a 4.2%

Portfolio 52

Portfolio Investing Investments Financial Services 52

Brown Advisory

SEPTEMBER 21, 2022

In the industrials space, we tend to shy away from deeply cyclical commoditized businesses and see resilience in companies that typically benefit from a meaningful after-market component or subscription-like revenues from maintenance or service contracts, e.g. Others such as U.S. 4 Source: FactSet® and Brown Advisory calculations.

Portfolio 52

Portfolio Manufacturing Investing Investments 52

Brown Advisory

SEPTEMBER 21, 2022

In the industrials space, we tend to shy away from deeply cyclical commoditized businesses and see resilience in companies that typically benefit from a meaningful after-market component or subscription-like revenues from maintenance or service contracts, e.g. Others such as U.S. 4 Source: FactSet® and Brown Advisory calculations.

Portfolio 52

Portfolio Manufacturing Investing Investments 52

Bell Investment Advisors

MARCH 15, 2023

Slide 3: 2022 in Review: A Global View 0:36 It’s probably no surprise to clients that last year was not a positive one for financial markets. stock market. The 10-year bond, which is often one of the key interest rates that’s measured in financial markets, actually got to about half a percent.

Marketing 52

Marketing Marketing Investing Investments 52

The Big Picture

AUGUST 8, 2022

So, that was that and then comes the financial crisis. So, until the financial crisis of 2007 and 2009 or however you go — you actually time it, I was in this finance bubble. So, you got your assets whatever they are. But then the question is how do you fund those assets. I was teaching corporate finance.

Banking 201

Banking Government Insurance Taxes 201

The Big Picture

SEPTEMBER 26, 2023

I wanna say it’s about $179 billion in client assets. You’ve probably heard some aspects of this from the various interviews I’ve done with Howard Marks talking about the distressed asset fund they set up in 2007. In the great financial crisis. You joined in 2007. Your, your timing was fortuitous.

Banking 130

Banking Investing Investments Clients 130

The Big Picture

FEBRUARY 20, 2024

There are few people in the world who understand the interrelationships between central banks, the economy, and markets like Bill Dudley does this, this is just a master class in, in understanding all the factors that affect everything from the economy to inflation, to the labor market, the housing market, and of course, federal Reserve policy.

Economy 144

Economy Banking Marketing Marketing 144

The Big Picture

DECEMBER 26, 2023

You work at Capital Growth Financial and in former global markets before you join investing Giant Merrill Lynch in 2007, what was that transition like from smaller shops to a really, really big one? So I’m like, lemme get to somewhere more stable big mother Merrill in 2007. That’s right. Two years later.

Marketing 157

Marketing Marketing Financial Advisor Clients 157