Clear and timely communications are crucial in the fast-paced investment world. SGA is pleased to share the latest portfolio commentaries, important news, and updates about our portfolios, our firm, and the markets.
We are pleased to announce that SGA’s Flagship U.S. Large Cap Growth portfolio recently completed 20 years under SGA’s management.
We hired MSCI and ISS to assist in our efforts to conduct objective and effective research relative to ESG and our proxy voting decisions.
We are pleased to announce that Carolyn Patton, CFA, an industry veteran of 28 years, has joined SGA as a Director of Business Development.
We are pleased to announce that Peter Leuthold has joined SGA as an Operations Associate.
We are pleased to announce that we have undergone a Statement of Standards for Attestation (SSAE) No. 18 Organization Controls (“SOC”) 1SM exam and received a clear opinion resulting in a report stating that SGA maintained effective controls over all aspects of its investment systems.
We are pleased to announce that David Shapiro has joined SGA as a Client Portfolio Manager. Additionally, David is a member of the Investment Committee.
We are pleased to announce the addition of Julian Cochran to SGA’s investment team. Julian joined SGA as a Research Analyst and member of the Investment Committee in November.
The portfolio generated strong absolute and relative returns as global equity markets rebounded in response to hopes for faster than expected economic recovery as countries allowed businesses to re-open, and significant monetary and fiscal stimulus was applied.
The portfolio generated strong absolute and relative returns as global equity markets rebounded in response to hopes for a faster than expected economic recovery as countries allowed businesses to re-open, and significant monetary and fiscal stimulus was applied.
SGA’s Emerging Markets Growth portfolio returned 22.2% (gross) and 21.9% (net) in Q2 2020 compared to 18.1% for its primary benchmark the MSCI Emerging Markets Index; during the same period the MSCI Emerging Markets Growth Index returned 22.1%.
To view all previous commentaries, click below.
The first in a new series of SGA Analyst Insights focusing on a single topic, providing timely, succinct, bottom-up investment insights. Our inaugural video discusses Healthcare.
SGA was formed in 2003 by three portfolio managers from vastly different backgrounds who shared a common vision for the investment firm they wanted to build and the legacy they wanted to create for generations of employees and clients to come.
When Sustainable Growth Advisers was formed in 2003, ESG investing was in its infancy; our objective then and now has been to generate the best risk-adjusted long-term portfolio returns for clients
Equity investors, from Warren Buffett to high frequency traders, vary in their emphasis on the “voting machine vs. weighing machine” aspects of the pricing mechanism of the market. Our purpose in writing this paper is to explore this dynamic along with a few related questions that we sense are on the minds of institutional clients.
We are now entering a new investment era, a post-quantitative easing (“QE”) period of subdued nominal growth and returns. The forces defining this period have come into focus now that the dust of the financial crisis has settled and the dramatic policy responses, most notably QE, have run their course.
U.S. Large Cap Growth Commentary - Q2 2020
The portfolio generated strong absolute returns and outperformed the Russell 1000 Growth Index as markets rebounded in response to hopes for a faster than expected economic recovery and continued massive monetary and fiscal accommodation.