WrapManager's Wealth Management Blog

In his latest must read commentary, Chief Investment Officer David Iben at money manager Tradewinds discusses the concept of money and its use throughout history. "When discounting future cash flows, the "value" of that cash at the time it is received in the future should be in the forefront of peoples' minds. Fiat currencies and bonds are somebody's liability. Governments' ability to make good on these obligations is imperative. In light of the current, precarious situation of most issuers of paper currency and sovereign bonds, Tradewinds prefers to own good business franchises and tangible wealth." Download Full Commmentary Here Get Free Research Reports about Tradewinds NWQ Global Investors, LLC [+] Read More

Money manager ClearBridge reviews their Multi-Cap Growth portfolios, highlighting the reasons for specific performers and under-performers. A summary of economic events and their outlook moving forward is also discussed. "While concerns remain about deficits, inflation and, of course, the negative consequences of unforeseen major macroeconomic and geopolitical events and their impact on the market, our experience has taught us that often the macroeconomic situation dictates investors' reactions and triggers unwarranted selling, which can actually create longer term buying opportunities." Download Full Commmentary Here Get Free Research Reports about Legg Mason ClearBridge Advisors [+] Read More

Avatar Associates suggests we are starting to see another typical development in the phases of economic expansion: firming sales volume. "More than half of the companies reporting so far have recorded sales revenues in excess of what analysts had forecast. In the prior quarter that same number was about a third of companies and before that less than a quarter. These results come at a time when job growth seems to be rising into a high enough level to suggest that the overall business cycle is now in a self-sustaining expansion." Download Full Commmentary Here Get Free Research Reports about Avatar Associates [+] Read More

On May 12th, 2011 Janus announced that David Decker, portfolio manager for the Janus Opportunistic Alpha and other strategies, will be leaving Janus after 19 years with the firm to establish his own independent asset management business. Replacing him is Dan Kozlowski, who will act as the new portfolio manager for the Janus Contrarian Fund, Janus Opportunistic Alpha and Opportunistic Core managed accounts effective June 30, 2011. Kozlowski was previously with Janus from 1999 to 2008 as an equity research analyst and co-portfolio manager of Janus Long/Short Fund along with David Decker. Click below to read more about Dan Kozlowski and other management changes at Janus. Download Full Commmentary Here Get Free Research Reports about Janus Capital Management LLC [+] Read More

Don’t Make This Mistake! Don’t make the same mistake so many investors do by focusing too much on recent past performance. This short-term thinking can derail long-term financial plans and we believe it’s one of the worst mistakes an investor can make. This timely report focuses on: • How to avoid the dangers of chasing past performance • Evaluating money managers against specific market environments • It’s crucial to invest in managers that do well during expected future market environments We’ll illustrate these topics using Churchill Management Group’s Premier Wealth Strategy as an example. Click Here to Request the Report WrapManager has no affiliation with Churchill Management Group [+] Read More

Money Manager Lord Abbett slices and dices the inflation story in their May commentary. Concern about inflation these days seems to travel along two separate avenues. On the more technical side are the worries over recent food and fuel price spikes and the objections to Washington's practice of excluding such price moves from its analysis and policy decisions. The second, very different concern takes a much longer-term view and worries that federal budget deficits and the liquidity poured on markets during the past two years or so by the Federal Reserve will cause considerable inflationary pressure in 2012 and beyond. Download Full Commmentary Here Get Free Research Reports about Lord Abbett Company Llc [+] Read More

Money manager Lazard Asset Management comments on the emerging market developments over the last quarter and believes there are opportunities for investors with long-term investment horizons. They "remain confident in the emerging markets' robust fundamentals, and we believe that the longer-term outlook for the asset class is bright." Download Full Commmentary Here Get Free Research Reports about Lazard Asset Management [+] Read More

"Fat, drunk and stupid is no way to go through life, son." - Dean Wormer, Animal House. 1978. Money manager Calamos Investments starts their current quarterly commentary comparing the current government actions to a famous quote from the movie Animal House. After looking at the major factors influencing the markets today, Calamos highlights opportunities they see in the midst of volatility and global rebalancing. A must read for those looking for a comprehensive breakdown of the current investing world. Download Full Commmentary Here Get Free Research Reports about Calamos Investments [+] Read More

Avatar Associates highlights that the growth in earnings we are seeing is largely coming from manufacturing and industrial processes, unlike the last two economic recoveries. However profits may slow a bit in the next few quarters as the financial sector continues to struggle to find replacements for proprietary trading and other derivatives which had inflated their profits. Download Full Commmentary Here Get Free Research Reports about Avatar Associates [+] Read More