Interview (1011)
The small- and micro-cap segments of the stock market provide excellent opportunities to investors with a research bias and continuous monitoring of select businesses and management teams. Will Nasgovitz, portfolio manager of the Heartland Value Fund, speaks about the consistent implementation of the firm’s principles of value investing.
Investing in out-of-favor stocks trading at a discount to their long-term potential can be extremely rewarding when paired with rigorous research. John Dorfman, portfolio manager of the Thunderstorm Value Fund, sheds light on his comprehensive screening for undervalued businesses across market caps, industries and regions.
SunAmerica Focused Small-Cap Value Portfolio
Small companies with long-term potential may well remain undiscovered or out of favor due to lack of research both at a company and industry level. Daniel Lew, portfolio manager of the SunAmerica Focused Small-Cap Value Portfolio, explains how the insights of his research team help screen for companies with a
As investment opportunities are becoming increasingly global, a prudent selection of ideas inevitably requires a blend of a top-down and a bottom-up research process across various regions. Dimitre Genov and his team at the Artio Global Equity Fund scour the world for companies likely to benefit from the recovery in
A simple formula for disciplined value investing would be one that blends a clearly defined circle of competence with unwavering patience. John Rogers, Lead Portfolio Manager, and John Miller, Portfolio Manager of the Ariel Fund, follow a strict buy-and-sell discipline with a clear focus on intrinsic value and long-term growth
Stone Harbor Emerging Markets Debt Fund
For decades, fixed-income investors have been served well by buying bonds of developed nations. However, a number of emerging countries have cleaned their fiscal house and now possess growth characteristics that are yet to be appreciated by investors. At Stone Harbor Emerging Markets Debt Fund, portfolio manager James Craige likes
PowerShares Water Resources Portfolio; PowerShares Global Water Portfolio
Water is one of the critical resources of the 21st century. The spatial and temporal scarcity of water creates a fundamentally compelling investment opportunity worldwide. This investment potential is further magnified by the economics of structural and institutional rationalization within the water industry itself; a fundamental component that is
Once a merger or other corporate reorganization is announced, arbitrageurs swing into action to assess the likelihood of success of the transaction and the potential profit from investing in it. Portfolio managers Roy Behren and Michael Shannon explain how The Merger Fund aims to capture the trading discount on various
Even the gloomiest and most discouraging events can be beneficial for prepared minds. A sharp fall in stock price, a change in a business mix, or a series of small acquisitions may offer an excellent opportunity for long-term investors. Andrew Knuth and Edmund Nicklin, portfolio managers of the Westport
Global supply and demand cycles appear to be the catalysts for many investment opportunities in international markets. Consequently, a deeper understanding of macro-economic forces and sector dynamics can offer unique investment chances. The WHV International Equity Fund seeks to identify Supercycle themes driven by global supply and demand imbalances that
