Strategies

Our firm is focused on passive, quantitative and active strategies which provide clients with risk controlled exposure to equity markets. Whether you simply want exposure to equity markets or you want the benefits that active management may provide, we have a strategy for you.

Passive

International Equity Index Portfolio

The strategy seeks to provide investment results that correspond to the aggregate price performance of the securities included in the Morgan Stanley Capital International Europe, Australasia, Far East (EAFE), GDP Weighted Index. We employ a stratified sampling of the MSCI EAFE GDP-weighted Index to select stocks and a multi-factor risk model and quadratic portfolio optimization to determine portfolio weights.

This portfolio is available through individually managed accounts and subadvisory relationships.

Domestic Equity Index

The strategy seeks to provide investment results that correspond to the S&P 500.

This portfolio is available through individually managed accounts.

Quantitative

Large Cap Quantitative Equity Portfolio

The strategy seeks to provide long-term capital appreciation by investing in domestic large cap companies ($3 billion or more in market cap) with the most attractive earnings growth prospects and valuation characteristics within their respective sector.

This portfolio is available through individually managed accounts and subadvisory relationships.

International Quantitative Equity

The strategy seeks to provide long-term capital appreciation by investing in international companies with the most attractive earnings growth prospects and valuation characteristics within their respective region and sector.

This portfolio is available through individually managed accounts.

Large Cap U.S. Equity 130/30

The strategy seeks to generate alpha (risk adjusted return relative to the benchmark) by establishing long and short equity positions in U.S. companies.

This portfolio is available through individually managed accounts.

Active

International Equity Portfolio

The strategy seeks to provide long-term capital appreciation by investing primarily in the common stocks and other equity securities of foreign companies that managers believe have the best combination of relative value and earnings growth. The strategy utilizes company-specific research and analysis to identify companies whose stocks rank well on quantitative measures and which also have solid business fundamentals.

This portfolio is available through individually managed accounts and subadvisory relationships.

Commentary

3Q08 International Equity Portfolio (PDF | 121 KB)
3Q08 Large Cap Quantitative Equity Portfolio (PDF | 120 KB)