Wealth Management Blog | WrapManager | Money Manager Research (3)

JP Morgan - Q1 2015 Earnings Recap

Posted by WrapManager's Investment Policy Committee

June 2, 2015

JP Morgan's First Quarter Market Bulletin for 2015 provides a recap of the earnings season.

"In Brief

• We estimate that first quarter 2015 earnings-per-share (EPS) declined by 5.0% on a year-over-year (y/y) basis. Similar to the prior quarter, this was primarily due to lower oil prices and the stronger U.S. dollar (USD).
• Excluding the energy sector, S&P 500 EPS grew by 9.1%, in-line with historical trends. We also estimate that the stronger U.S. dollar resulted in an average EPS decline of 5% for the most multinational non-energy companies.

Geneva Advisors - Q1 2015 Market Perspective

May 27, 2015

Geneva Advisors provides their First Quarter Perspectives on the market. "The relative strength of the U.S. dollar has been an important force for the market in recent periods. Stock prices are near record highs and valuations of many companies are extended. A disciplined investment process, an active investment approach and a long‐term focus will continue to be critical to achieving investment objectives. [+] Read More

Brookmont - Reducing Exposure to Mid-Cap Stocks

May 20, 2015

Brookmont has made the decision to reduce mid-cap stock exposure for their Dividend Equity Strategy. "Dating back to March 2009, the Brookmont Dividend Equity Strategy has always maintained a 30%- 35% weighting in small and mid-cap stocks. It is an area of the market that includes attractive dividend-paying stocks that are often overlooked by our peers. Knowing that mid-cap stocks often lead a market recovery, we rebalanced the portfolio in February 2009 and were active buyers in mid-cap names such as Packaging Corporation of America, Tupperware, Hubbell, Heinz, and Lubrizol (the latter two stocks were eventually acquired by Warren Buffett). From 2009 through 2013, it was not uncommon for our mid-cap holdings to produce one-year returns as high as 115%. Knowing that these type of gains are not common, we rebalanced the portfolio on several occasions to realize these significant profits. [+] Read More

Will International Outperform US Stocks in 2015? - Cambiar Investors

May 6, 2015

Cambiar's commentary highlights a cautious view on energy and reviews the strategy's international approach following Japan's surge in Q1. [+] Read More

Federated Investors - Q1 2015 Managed Account Commentary

April 29, 2015

In their Q1 2015 International Strategic Value Dividend ADR Commentary, dividend money manger, Federated Investors, discusses their diversification strategy which can help reduce portfolio volatility. "In order to pursue its objectives of dividend yield, dividend growth and lower downside risk, the portfolio invests in high-yielding, high-quality stocks, many of which are found within mature markets and sectors that typically exhibit a low level of cyclicality." [+] Read More

Slow but Steady - Eagle Asset Management Whitepaper

April 22, 2015

Our focus isn’t on emphasizing just whether a company is good or bad but how people are reacting to it. How the sentiment changes. Fundamentals matter but how they interact with human behavior is what creates investing opportunities. Our view is: Stay in the middle of the boat, ignore the headlines and do well in some companies that people may not expect: healthcare in emerging markets or U.S. grocery stores, for example. Read more market perspectives in Eagle Asset Management's insightful whitepaper. [+] Read More

WrapManager’s Top Money Manager Picks 2015 Q2

April 9, 2015

Here are four money manager strategies to consider for your portfolio selected by our Investment Policy Committee, updated for the second quarter. Download the report to learn more about each. [+] Read More

WrapManager's Top Money Manager Picks 2014 - Q4 Update

October 30, 2014

Here are WrapManager's Top Equity Money Manager Picks for the final quarter in 2014. Selected by our Investment Policy Committee, the report highlights certain money manager strategies for investors to consider. Download the report to learn more about: Risk-Managed - Newfound Research LLC Dividend Equity - Brookmont Capital Management Multi-Cap Growth - ClearBridge Investments Small Cap Growth - Granite Investment Partners International Equity – Cambiar Investors [+] Read More

Research Money Managers with the Money Manager Directory

October 9, 2014

WrapManager’s Money Manager Directory helps investors find and request information on money managers and their strategies. This information is often hard to find and can be biased, especially if the money manager is providing it to you themselves. Information may include: Performance information Comparison to similar investment strategies In depth strategy information How the strategy could fit into your portfolio One of our Wealth Managers will reach out to you with the information. If it’s not available, they can show alternative money manager strategies that we recommend to appropriate clients and how they could work for you. [+] Read More

WrapManager's Top Money Manager Picks 2014 - Q3 Update

September 11, 2014

WrapManager's Investment Policy Committee highlights certain money manager strategies each quarter for investors to consider. Download the report to learn more about: Risk-Managed - Newfound Research LLC Dividend Equity - Brookmont Capital Management Multi-Cap Growth - ClearBridge Investments Small Cap Growth - Granite Investment Partners International Equity – Cambiar Investors [+] Read More