CLS Blog

Inside Capstone: Investors and Fixed Income (episode 2)

August 23, 2016

Capstone’s Director of Fixed Income Investments and Portfolio Manager, Victoria Fernandez talks with CLS’s Portfolio Manager, Josh Jenkins, CFA, about how investors should think about fixed income.

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Inside Capstone: Credit Research and the Research Team (episode 1)

August 22, 2016

Capstone’s Director of Fixed Income Investments and Portfolio Manager, Victoria Fernandez talks with CLS’s Portfolio Manager, Josh Jenkins, CFA, about their credit research process and the overall depth of their research team.

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Economic Olympics

August 18, 2016
Olympics

Content provided by Kostya Etus, CLS Portfolio Manager

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Keep More of What You Earn: ETF Fees vs. Mutual Fund Fees

August 18, 2016

Content provided by Joe Smith, CFA, Senior Market Strategist Here is a simple truth that has taken the investment industry a long time to come to terms with: ETFs are here to stay. ETFs have outpaced mutual funds in growth since 2005. According to Morningstar Direct data, ETFs attained an annualized growth rate of 21%,…

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Lackluster Market Returns and the Growing Responsibility of the Individual Investor

August 11, 2016
Picture 1574

Content provided by Paula Wieck, CLS Portfolio Manager Back in May, the McKinsey Global Institute published a report, Diminishing Returns: Why Investors May Need to Lower Their Expectations. The title is self-explanatory. In essence, the report states circumstances of the last 30 years produced returns in both stocks and bonds that were above the long-term…

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A Play in Three Acts

August 3, 2016

Content provided by Robyn Murray, Freelance Writer Brian Ragle has taken a detour-driven road to get to where he is. He started out as a theater major who traveled to New York to audition for the stage. A few years later, he was deep into the savings and loan industry about to face an epic…

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#1 App – Fad or Fiction?

July 29, 2016
Pokemon Go Infographic

Content provided by Kostya Etus, CLS Portfolio Manager You knew this was coming sooner or later, and who better to report on it than the resident gamer himself (which is me if you were not sure). The Pokémon Go app has been #1 on the Apple App Store since launch on July 6th. It has…

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Adding Alpha to Income

July 28, 2016
Various asset types in a shopping cart. An ideal investment that diversifies every assets in a portfolio to minimize unsystematic risk as low as possible. Asset allocation and diversification concept.

Content provided by Josh Jenkins, CFA, CLS Portfolio Manager Income investors have struggled to find yield since the financial crisis when the Federal Reserve (Fed) instituted a zero interest-rate policy. Even the move by the Fed last December to raise the benchmark rate for the first time in seven years has offered no relief. In…

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The Importance of an Investment Philosophy (The Second P of Money Manager Due Diligence)

July 22, 2016
Business people having meeting in office building

Content provided by Rusty Vanneman, CFA, CLS Chief Investment Officer In a recent commentary, I wrote about the “Five P’s” of the money manager’s due diligence process: People Philosophy Process Performance Positioning I followed that commentary with a more focused blog on the most important P: People. In this commentary, I will discuss the next…

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Mind the Gap

July 19, 2016
Standing by a mind the gap notice

Content provided by Case Eichenberger, CIMA, CLS Client Portfolio Manager As I write this, markets are reaching new highs again in the U.S., which is great news for investors who were able to put emotions aside the last year and stay invested.  Easier said than done. At CLS, we routinely see clients trying to time…

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