Brown Advisory

OCTOBER 8, 2019

For this reason, the Global Leaders strategy has never invested in tobacco companies, despite the fact that the addictive nature of nicotine has fostered powerful economic engines in many cases. Through this important role, the company has been rewarded with approximately a 22% return on equity over the past five calendar years (2014-2018).

Clients 52

Clients Government Investing Investments 52

Brown Advisory

OCTOBER 8, 2019

For this reason, the Global Leaders strategy has never invested in tobacco companies, despite the fact that the addictive nature of nicotine has fostered powerful economic engines in many cases. Through this important role, the company has been rewarded with approximately a 22% return on equity over the past five calendar years (2014-2018).

Clients 52

Clients Government Investing Investments 52

Brown Advisory

MAY 31, 2017

Since the 2008–09 credit crisis, market sentiment on European stocks has shifted back and forth, from despair to confidence, depending largely on sentiment regarding the EU’s prospects as a viable political and economic entity. Over the long term, that stance has paid off.

Portfolio 52

Portfolio Asset Allocation Valuation Economics 52

Brown Advisory

MAY 31, 2017

Since the 2008–09 credit crisis, market sentiment on European stocks has shifted back and forth, from despair to confidence, depending largely on sentiment regarding the EU’s prospects as a viable political and economic entity. Over the long term, that stance has paid off.

Portfolio 52

Portfolio Asset Allocation Valuation Economics 52

Tucker Advisors

APRIL 4, 2023

Since 1980 through 2014, workers with retirement plans that included a pension fell from 39% to 13%, a 200% decline. In general, when it comes to finance and economics, we tend to discuss everything as choice or options,” said Tanja Hester, author of “Work Optional: Retire Early the Non-Penny-Pinching Way.”

Retirement 75

Retirement Financial Advisor Planning Budgeting 75

Brown Advisory

SEPTEMBER 3, 2015

War and financial turmoil— the bane of Europe’s economic well-being last century—are currently veiling a rebound in regional growth and unanticipated vigor among European companies. in 2014, according to the International Monetary Fund (IMF). Economic recoveries usually feature a surge in consumption as employment and wages rebound.

Economy 40

Economy Economics Asset Allocation Clients 40

The Big Picture

OCTOBER 17, 2023

A degree in mathematics from Oxford, a doctorate in mathematical epidemiology and economics from Cambridge. Graham Foster] : 00:02:54 That was a number, that was number theory, pure number theory. And whether it’s all numbers or even numbers. [Barry Ritholtz] : So you have a fascinating background.

Investing 130

Investing Investments Clients Management 130

Brown Advisory

SEPTEMBER 22, 2017

While these efforts are valuable – they may eventually lead to well-defined ESG factors that resonate with economic principles – it is easy to forget that they cannot prove whether "ESG investing" can be a source of market-independent returns, or alpha. In short, anyone seeking answers in this debate faces a tangled web of information.

Portfolio 52

Portfolio Investing Investments Management 52

Brown Advisory

SEPTEMBER 22, 2017

While these efforts are valuable – they may eventually lead to well-defined ESG factors that resonate with economic principles – it is easy to forget that they cannot prove whether "ESG investing" can be a source of market-independent returns, or alpha. In short, anyone seeking answers in this debate faces a tangled web of information.

Portfolio 52

Portfolio Investing Investments Management 52

The Big Picture

OCTOBER 31, 2023

We entered the liquid alts market with hedge funds back in 1994, and we entered the private market in 2014 with my product in late stage growth. And now we have a number of different hedge funds, some we have in the macro, we have multi-Strat, we have point hedge funds with in technology in the healthcare field.

Management 157

Management Investing Investments Portfolio 157

Brown Advisory

JUNE 21, 2017

Investment Perspectives - The Great Debate achen Wed, 06/21/2017 - 12:35 Aside from some current political and economic topics that dominate the financial media, the most widely debated investment issue today involves the merits of passive investing, or indexing. In short, every situation is different.

Investing 52

Investing Investments Portfolio Management 52

Brown Advisory

JUNE 21, 2017

Aside from some current political and economic topics that dominate the financial media, the most widely debated investment issue today involves the merits of passive investing, or indexing. In short, indexing should be seen as part of the toolkit available for addressing a range of client objectives. The Role of Passive.

Investing 52

Investing Investments Portfolio Management 52

Brown Advisory

SEPTEMBER 20, 2017

After joining the investment industry in 2001, he served as director of research at two firms, creating a small-cap growth strategy at one of them before joining Brown Advisory in 2014. While both mid-cap portfolio managers believe their experience gives them an advantage, other factors set them apart as well.

Portfolio Management 52

Portfolio Management Portfolio Management Investing 52

Brown Advisory

SEPTEMBER 20, 2017

After joining the investment industry in 2001, he served as director of research at two firms, creating a small-cap growth strategy at one of them before joining Brown Advisory in 2014. While both mid-cap portfolio managers believe their experience gives them an advantage, other factors set them apart as well.

Portfolio Management 52

Portfolio Management Portfolio Management Investing 52

Brown Advisory

APRIL 1, 2015

Although we expressed some worry about the long-term effects of mounting deficits, we concluded that stocks and other assets were not in bubble territory and represented good value despite what we saw as a weak economic recovery. The five years ended December 31, 2014 ranked in the top 35 of 139 observations—first quartile, but just barely.

Investing 52

Investing Investments Valuation Assets 52

Brown Advisory

AUGUST 7, 2018

Here, we will discuss some of the reasons why we think that link is so strong, and provide a number of examples of portfolio companies whose sustainable business models have directly contributed to their strength in declining markets. All charts, economic and market forecasts presented herein are for illustrative purposes only.

Portfolio 52

Portfolio Numbers Management Investing 52

Brown Advisory

AUGUST 7, 2018

Here, we will discuss some of the reasons why we think that link is so strong, and provide a number of examples of portfolio companies whose sustainable business models have directly contributed to their strength in declining markets. All charts, economic and market forecasts presented herein are for illustrative purposes only.

Portfolio 52

Portfolio Numbers Management Investing 52

Brown Advisory

OCTOBER 1, 2015

The government reported a 7% expansion in gross domestic product for the first half of the year, and wages are rising at about 10%—not exactly a picture of economic disaster. Finally, Beijing has seen confidence in its economic management erode following its failed efforts to arrest a tailspin in the country’s boom-and-bust stock markets.

Investing 52

Investing Investments Economy Government 52

Brown Advisory

MARCH 1, 2016

Stock market volatility has spiked in response to immediate market concerns about energy prices, weakening economic growth in China and changes to monetary policy, as well as momentous capital-market shifts during the past 20 years. In their 2014 book, Think Like A Freak, they talk about our reluctance as a species to say these words.

Clients 52

Clients Economy Banking Investing 52

The Big Picture

AUGUST 29, 2022

I mean, I could count them on one hand the number of people who have his depth of knowledge in this space. And in order to graduate from Cook you had to have at least a minor that was related, and I thought — I took an econ class and I kind of liked it, so I minored in environmental economics. RITHOLTZ: Interesting.

Assets 167

Assets Management Marketing Marketing 167

Brown Advisory

JULY 1, 2016

Investment Perspectives | Real Returns achen Fri, 07/01/2016 - 06:00 One of the most penetrating and recurring questions we receive from clients is, “what is a reasonable long-term expectation for U.S. Private clients typically find themselves in a similar position, although they may not describe it in the same terms.

Investing 52

Investing Investments Portfolio Assets 52

Brown Advisory

JULY 1, 2016

One of the most penetrating and recurring questions we receive from clients is, “what is a reasonable long-term expectation for U.S. Since equities typically comprise the largest single component of a balanced portfolio, they are the greatest single determinant of overall returns for institutional and private clients alike.

Investing 52

Investing Investments Portfolio Assets 52

Brown Advisory

MARCH 9, 2018

Our holy grail is the investment that offers our clients clear additional benefits without additional risk. We think that green bonds are a “no-brainer” for clients focused on sustainable investing. There are a number of reasons that clients may be interested in adding green bonds to their portfolios.

Portfolio 52

Portfolio Investing Investments Government 52

Brown Advisory

MARCH 9, 2018

Record issuance, growing demand for capital to fund green projects and returns in line with other bonds of similar profiles: Green bonds can be a great opportunity for clients interested in sustainable investing—if they are incorporated with clear allocation goals in mind. Green Bonds 101.

Portfolio 52

Portfolio Investing Investments Government 52

The Big Picture

SEPTEMBER 5, 2023

And I literally put the entire Schedule A, which is the pricing square footage unit numbers in a Hewlett Packard 41B using bit mapping. Everybody knew the number but the appraiser. MILLER: The term back then was, here’s a good appraiser, good in air quotes and good translated into making the number. Just keep it fair.

Sales 130

Sales Numbers Taxes Marketing 130

The Irrelevant Investor

JULY 19, 2016

On the economic side there is no denying that the more financial predictions you make the more business you do and the more commissions you get. I first met Wes Gray, CEO/CIO of Alpha Architect in late 2014 and remember thinking, holy s**t, this guy rules. Fred Schwed Jr., That, we all know, is not the right way to act at all.

Investing 52

Investing Investments Asset Allocation Assets 52

The Big Picture

APRIL 4, 2023

And back then, you know, again, it was a very interesting place to be because they had lots of capital and they had lots of clients. And then I left there and joined a number of my colleagues from Drexel and launched a business that as it turns out, was pretty much a carbon copy of the business we have today.

Banking 144

Banking Management Investing Investments 144

The Big Picture

JULY 31, 2023

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. HOFFMAN: So obviously, I’ve — you know, economically minded from the jump.

Retail 130

Retail Government Economy Economics 130

The Big Picture

FEBRUARY 20, 2024

You get an economics PhD from California, Berkeley in 82, and around the same time you become an economist at the Federal Reserve Board from 81 to 83. Next day I had to go to Boston for a client meeting. ’cause L-I-B-O-R was probably the most important number, certainly in credit, maybe in all of finance.

Economy 144

Economy Banking Marketing Marketing 144

The Big Picture

MAY 2, 2023

FOWLER: Yes, I was at LVMH for a number of years, mostly with Louis Vuitton for the first few years. I had the opportunity to sell the business in 2014, and he said, do not sell this thing. The number one response every single time to this day is for Hodinkee to sell things because they trust us. Let me help you raise money.

Retail 167

Retail Insurance Advertising Numbers 167

The Big Picture

JANUARY 31, 2023

Neil Dutta has been doing economic analysis and research from a market-based perspective for over 20 years. I found this to be just an absolutely fascinating discussion about how to best contextualize the world of economic data around you, in a way that’s useful for you as an investor. With no further ado, RenMac’s Neil Dutta.

Economics 144

Economics Economy Marketing Marketing 144

Aleph

DECEMBER 31, 2022

I did sorted weekly tweets from 2012 to 2014, then I stopped tweeting as much for a while, and so discontinued them. I agree with your point about management loving their business, and understanding the economics thereof. Dec 28, 2022 In Record Numbers, Venezuelans Risk a Deadly Trek to the U.S. But I still tweet on Twitter.

Government 59

Government Banking Taxes Advertising 59