Institutional Mid Cap Core Strategy

Investment Objective

The Mid Cap Core strategy seeks long-term growth of capital.

Benchmark

S&P 400 MidCap Index

Investment Philosophy

The co-portfolio managers believe that while markets are efficient over the long term, individual stocks are mispriced at times, presenting exploitable inefficiencies. In their opinion the most effective way to identify those inefficiencies is through quantitative and fundamental analysis, and the most cogent means of capitalizing on that analysis is a highly disciplined, consistent and transparent investment process.

Investment Process

Quantitative Screening
Fundamental Research - Attractiveness
Portfolio Construction - Risk/Reward
Portfolio Review Process

Key Strengths

A co-portfolio management team averaging over 13 years of investment industry experience
A discipline that relies on in-depth quantitative and fundamental analysis, providing focus and removing emotion from the investment process
A consistent approach that seeks companies which generate abundant cash flow and exhibit capital discipline, supportive balance sheets, and undervalued earnings potential.
A transparent investment process.

Related Resources

Fact Sheet (52 K)

PM Commentary (43 K)

Investment Management

Brian Angerame

Managing Director, Portfolio Manager

16 years of investment industry experience

See Brian Angerame's Profile

Derek Deutsch, CFA

Managing Director, Portfolio Manager

11 years of investment industry experience

See Derek Deutsch, CFA's Profile

Watch Video

Learn how Portfolio Managers Brian Angerame and Derek Deutsch, CFA combine in-depth quantitative and fundamental analysis in their search for mid-cap companies with undervalued earnings potential.

All investments are subject to risk, including the possible loss of principal. Past performance is not indicative of future results.

There is no guarantee investment objectives will be met.