ROCHESTER, Mich.--(EON: Enhanced Online News)--Managed Asset Portfolios, LLC (MAP) a Rochester, MI-based independent investment adviser announced today that for the 5th time in 6 years, MAP’s Global Equity Composite achieved Informa Investment Solutions (IIS) PSN “Top Guns, Manager of the Decade” status.*
“You must be willing to adapt, and you also must be willing to admit your mistakes”
MAP’s Global Equity strategy was acknowledged by PSN Informa IS, for its returns on an absolute and risk-adjusted basis. This recognition, fortunately, has been bestowed upon Managed Asset Portfolios and the aforementioned strategy for 5 out of the last 6, 10-year periods. Those periods include:
2001-2011; 2002-2012; 2003-2013, 2004-2014
And finally …..2006-2016
There are currently 615 active strategies in the Global Equity category which report data to PSN’s Manager Database. Each year, PSN selects 10 managers within their respective categories. The 10 managers are selected using essentially a measure of risk taken relative to the award achieved. (Additional information can be found below.)
“Last year was marked with many surprises - from Trump winning the election, to the Cubs’ historic achievement in the World Series, to the Brexit vote - 2016 brought a number of outcomes that few predicted,” stated Michael S. Dzialo, President and Chief Investment Officer of Managed Asset Portfolios. “Especially in times like these, I am reminded of my gratitude for our unchanging investment approach that brings success through the ups and downs of the markets and changes in the global landscape. This award once again recognizes our team for holding true to MAP’s steadfast value-based investment philosophy.”
So, how is it we have been able to consistently beat our benchmark time and again? First and foremost, it begins with the cohesion of our investment team. All 3 portfolio managers have 20+ years of experience, with nearly all of that working together. The second variable, which cannot be bought, is the creation of a culture which encourages frequent dialogue and sharing of information as it pertains to security selection and portfolio construction. You cannot be afraid to ask the tough questions in the investment business. The tough questions are often described as those which involve challenging the status quo, internally as a firm, and externally in respect of the markets. An effective money manager is one that is always looking for reasons why a thesis on a particular stock being considered for the portfolio is wrong. This part of our process, while intangible, is necessary to survive given how competitive the world of active equity management has become over the last 10+ years with the rise of indexing. “You must be willing to adapt, and you also must be willing to admit your mistakes,” says Michael Dzialo.
Those two variables combined with having flexibility in respect of capitalizations, geographies, and sectors, allows us to construct portfolios which we feel offer the greatest return with the least risk. “Bottom line,” Dzialo said, “we attribute our success to hard work and common sense.”
About Managed Asset Portfolios:
Managed Asset Portfolios (MAP) is a boutique, independent SEC-registered investment advisory firm with a commitment to global value investing. With successful beginnings as a Single Family Investment Office for one of the wealthiest families in North America, we opened our doors to outside investors in 2001. Today we proudly service over 500 families, family offices and institutions across the U.S. and around the globe. For more information please visit our website at: www.managedassetportfolios.com.
Managed Asset Portfolios claims compliance with the Global Investment Performance Standards (GIPS®). To obtain a compliant performance presentation and/or the firm’s list of composite descriptions please contact us at 248 601 6677. Past performance is not indicative of future results and there is a possibility of loss.
About PSN Informa:
In 1984, Informa Investment Solutions, Inc. introduced the first commercially available investment manager search and evaluation database—Plan Sponsor Network, or PSN. PSN offers financial professionals high-quality, in-depth data on U.S., non-U.S. and global investment managers. There are over 2,000 in-vestment managers participating in the PSN database, which covers more than 20,000 domestic and international investment products.
*Top Guns of The Decade Criteria: The PSN universes were created using the information collected through the PSN investment manager questionnaire and use only gross of fee returns. Mutual fund and commingled fund products are not included in the universe. Products must have an R-Squared of 0.80 or greater relative to the style benchmark for the latest ten year period. Moreover, products must have returns greater than the style benchmark for the latest ten year period and also Standard Deviation less than the style benchmark for the latest ten year period. At this point, the top ten performers for the latest 10 year period become the PSN Top Guns of the Decade.
The material provided above is for information only, and is not an offer or recommendation to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy.