Brown Advisory

MAY 31, 2017

Thu, 06/01/2017 - 02:47. Asset allocation—at least for us—is an exercise in nuance. We move slowly and carefully when it comes to shifting our portfolios away from one asset class or region and toward another. We maintain a model portfolio internally to track the results of our asset allocation stances.

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Good Financial Cents

MAY 1, 2023

To diversify their Contributory IRA portfolio, individuals should: Choose a mix of asset classes : Individuals should choose a mix of asset classes based on their risk tolerance and investment goals.

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Brown Advisory

MAY 10, 2018

In this article, our head of asset allocation discusses how we are managing trade risk, while still embracing global growth opportunities in our portfolios. After an unnaturally serene 2017, volatility roared back into equity markets this year, fueled by worries over interest rates, inflation, tariffs and data privacy.

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Brown Advisory

MAY 10, 2018

In this article, our head of asset allocation discusses how we are managing trade risk, while still embracing global growth opportunities in our portfolios. After an unnaturally serene 2017, volatility roared back into equity markets this year, fueled by worries over interest rates, inflation, tariffs and data privacy.

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Random Roger's Retirement Planning

SEPTEMBER 7, 2024

It's more like, the asset allocation idea is interesting, is there a way to get close? First up is the allocation of The Sloth. TAIL is the newest fund but goes back to 2017 so we get a decent backtest. BTAL is a client and personal holding. For Portfolio 3 (Roger's Version), I built the following.

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Carson Wealth

DECEMBER 18, 2023

At Carson Investment Research, we have moved our longer-term strategic asset allocations to their maximum equity overweight while continuing to favor U.S. The average return over rolling five-year periods from 1923 through 2017 is about 11% (before inflation). Here’s why.

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Brown Advisory

MARCH 13, 2018

Further, 2017 overall was extraordinary for its lack of market volatility; the S&P 500 Index rose steadily throughout the year without so much as a 3% pullback—a first in the Index’s long history. For most of 2017, the VIX was exceptionally depressed, signaling that investors expected very little volatility in prices.

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Brown Advisory

MARCH 13, 2018

Further, 2017 overall was extraordinary for its lack of market volatility; the S&P 500 Index rose steadily throughout the year without so much as a 3% pullback—a first in the Index’s long history. For most of 2017, the VIX was exceptionally depressed, signaling that investors expected very little volatility in prices.

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Brown Advisory

AUGUST 1, 2018

Incremental Equity Risks Several evolving dynamics in the stock market, when taken together, suggest that risk levels have increased a bit over the last year or so: Valuations: To state the obvious, stock prices gained considerable ground during 2017 and are slightly higher so far in 2018. Concentration: Much of the U.S. In the U.S.,

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Brown Advisory

AUGUST 1, 2018

Several evolving dynamics in the stock market, when taken together, suggest that risk levels have increased a bit over the last year or so: Valuations: To state the obvious, stock prices gained considerable ground during 2017 and are slightly higher so far in 2018. Concentration: Much of the U.S. In the U.S., Risks in Bonds.

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Brown Advisory

MARCH 28, 2017

Starting Points achen Tue, 03/28/2017 - 14:11 The numbers tell a clear story about the growing number of investors interested in sustainable investing. Initial steps such as these can minimize disruption and help investors grow comfortable with values-based investing.

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Brown Advisory

MARCH 28, 2017

Tue, 03/28/2017 - 14:11. Assets in investments aligned to environmental, social or governance factors increased nearly fivefold between 2012 and 2016, according to US SIF Foundation. . . Starting Points. The numbers tell a clear story about the growing number of investors interested in sustainable investing.

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Brown Advisory

OCTOBER 11, 2021

We believe that the investment return needed to achieve that objective should be the most important guidepost for a portfolio’s asset allocation. With traditional assets like stocks and bonds at high valuations, the implications for future returns of those assets may be underwhelming. Source: BLOOMBERG.

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Brown Advisory

OCTOBER 11, 2021

We believe that the investment return needed to achieve that objective should be the most important guidepost for a portfolio’s asset allocation. With traditional assets like stocks and bonds at high valuations, the implications for future returns of those assets may be underwhelming. Source: BLOOMBERG.

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Brown Advisory

SEPTEMBER 22, 2017

ESG and the Stock-­Picker’s Dilemma achen Fri, 09/22/2017 - 12:58 One of the greatest challenges that public equities investors face to integrating environmental, social, and governance (ESG) data into their decision making is the lack of proof that real – not hypothetical – investment strategies can use ESG factors to enhance performance.

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Brown Advisory

SEPTEMBER 22, 2017

Fri, 09/22/2017 - 12:58. Research firms lack standardization on the ESG issues they cover and the systems they use to quantify those issues into a score or rating for a company (Bose and Springsteel, 2017). Risk Factors as Building Blocks for Portfolio Diversification: The Chemistry of Asset Allocation." References.

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Brown Advisory

SEPTEMBER 29, 2020

according to a 2017 survey by the American Council on Gift Annuities (ACGA), more than 4,000 nonprofit institutions offered CGA options to their donor bases. CGAs are a fairly common option in the U.S.—according Other factors to consider include: The targeted residuum (i.e.,

Management 52

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Brown Advisory

SEPTEMBER 29, 2020

according to a 2017 survey by the American Council on Gift Annuities (ACGA), more than 4,000 nonprofit institutions offered CGA options to their donor bases. The availability of other liquid unrestricted assets to make payments on any contracts that might run out of money. CGAs are a fairly common option in the U.S.—according

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James Hendries

JUNE 20, 2023

The most egregious example appears to be in 2015 (green line) when the Committee expected interest rates in 2017 to be above 3.5%, when in actuality they were closer to 0.50% that year. Asset allocation does not ensure a profit or protect against a loss. Diversification does not protect against market risk.

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Dear Mr. Market

JANUARY 25, 2022

There never was a more docile and boring year than 2017. Our article that we linked to above followed the least volatile year in the history of the stock market. Read that sentence again if you must but for some context just let it sink in. Not one single month was down and there was zero volatility. Then… all hell broke loose in 2018.

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Brown Advisory

FEBRUARY 15, 2019

As of December 2017 it had more than 400 constituents and covered approximately 85% of the free float-adjusted market capitalization across European developed-market equity. With more than 900 constituents as of December 2017, the MSCI EAFE Index covered approximately 85% of the free float-adjusted market capitalization in each country.

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Dear Mr. Market

MARCH 17, 2024

If you are comfortable with swings of Bitcoin at $19k in 2017, $4k in 2018, $11k in 2019, $5k in 2020, $58k in 2021, $37k in 2022, $21k in 2023, and now $66k today…by all means hold it! This year we avoided covering some of the other crypto options out there (Dogecoin, Ethereum, Litecoin etc).

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The Big Picture

AUGUST 20, 2024

In that trade on a monthly basis, when you run that full strength, it gives the dynamics of something like the XIV, which rose 600% in 2017, right? And so the institutional space, or most asset selectors, asset allocators are gonna look for managers that are trying to add value. Now my observation was twofold.

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Brown Advisory

NOVEMBER 20, 2018

Deficit spending, resulting in part from the late 2017 tax reform legislation, is adding to the national debt at a rapid pace that will only worsen as interest rates climb. On one level, this approach sounds simple: Own multiple asset classes or securities so that some perform favorably, while others may be under pressure.

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Brown Advisory

NOVEMBER 20, 2018

Deficit spending, resulting in part from the late 2017 tax reform legislation, is adding to the national debt at a rapid pace that will only worsen as interest rates climb. On one level, this approach sounds simple: Own multiple asset classes or securities so that some perform favorably, while others may be under pressure.

Investing 52

Investing Investments Assets Portfolio 52

Brown Advisory

JUNE 21, 2017

Investment Perspectives - The Great Debate achen Wed, 06/21/2017 - 12:35 Aside from some current political and economic topics that dominate the financial media, the most widely debated investment issue today involves the merits of passive investing, or indexing. In short, every situation is different.

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Brown Advisory

JUNE 21, 2017

Wed, 06/21/2017 - 12:35. Stock-specific fundamental research from our equity research teams, along with input on asset allocation from our Investment Solutions Group, can be supplemented by customized portfolio analytics to achieve client-defined outcomes. Investment Perspectives - The Great Debate.

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The Big Picture

JUNE 13, 2023

But I would add, we had just gone public at the time, 2017. So that was in 2017, we went public on Euronext Paris. RITHOLTZ: (LAUGHTER) CHABRAN: And find a reason why they would allocate there. So I think we’ve now entered a period where we have to swallow this whole mispriced, over-levered assets out there.

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The Better Letter

JANUARY 26, 2024

In June 2017, Dent predicted a “ once in a lifetime ” crash in the stock market, the economy, and in real estate over the following three years. 2017 : “[T]he most broadly overvalued moment in market history.” Dent got a big market decline in 2020, but because of Covid, not for any of the reasons he cited. .”

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Brown Advisory

NOVEMBER 14, 2017

Investment Perspectives | “Undoing” the Fed’s Balance Sheet achen Tue, 11/14/2017 - 16:18 These days, it seems like all eyes are on the Federal Reserve. Meanwhile, we continue to focus on security selection. the broad markets are largely efficient.

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Brown Advisory

NOVEMBER 14, 2017

Tue, 11/14/2017 - 16:18. While this shift in monetary policy may ultimately have important implications for asset allocation and other investment decisions, we’re not convinced that its near-term impact will be particularly significant. Investment Perspectives | “Undoing” the Fed’s Balance Sheet.

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The Big Picture

MARCH 26, 2024

And it’s funny ’cause that was a pandemic purchase, a very inexpensive 2017 Panama four s, which everybody walked away. He wasn’t tactical asset allocator. It’s about long-term planning and strategic asset allocation and, and just understanding how markets work and how behavior comes into the mix.

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Brown Advisory

FEBRUARY 3, 2017

Outlook for 2017 | Balance in an Uncertain Time achen Fri, 02/03/2017 - 14:19 With that said, we present this discussion of our asset allocation approach and our current portfolio stance as we begin the year. Provide our asset allocation perspective as it stands at the beginning of 2017—also based on a longer-term view.

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Brown Advisory

FEBRUARY 3, 2017

Outlook for 2017 | Balance in an Uncertain Time. Fri, 02/03/2017 - 14:19. With that said, we present this discussion of our asset allocation approach and our current portfolio stance as we begin the year. Provide our asset allocation perspective as it stands at the beginning of 2017—also based on a longer-term view.

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The Big Picture

MAY 21, 2024

So if you think about just private equity, the amount of capital raised since 2017 is basically it doubled the size of the private equity market. Think about what, how we were, we were geared in 2017, 2018, 1920. And, and, and that becomes, you know, that becomes a feature, not a bug.

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The Big Picture

NOVEMBER 25, 2024

Most clients, whether they’re individuals or institutions, have some sort of benchmark, a policy portfolio, some strategic asset allocation that they start with. So back in 2017, you and I, I dunno if you remember this, you and I were on a Baron’s round table called What’s Next for ETFs.

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The Big Picture

JANUARY 31, 2023

What was the big — RITHOLTZ: 2017. DUTTA: Well, to me, the ISM is the one that I harp on the most because there’s a cottage industry of people that just drive their entire asset allocation process off of it. That’s a lot of fiscal stimulus, isn’t it? DUTTA: Yeah. DUTTA: Yeah. RITHOLTZ: Really?

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