P&I Features Article from Boston Partners’ Chris Hart
Boston Partners equity portfolio manager Christopher Hart provided commentary to Pensions & Investments through a contributed article that was published in the second week of February. The Article, “Europe Ripe for Active Strategies,” explored the appealing opportunity set that is developing for value-focused investors in the UK and Continental Europe.
Duilio Ramallo and Boston Partners All-Cap Value Fund Profiled in Barron’s
In early February, Barron’s profiled Boston Partners Portfolio Manager Duilio Ramallo and the Boston Partners All-Cap Value Fund. The article, “Steering Clear of the Bumps,” highlighted how Duilio and the investment team apply Boston Partners’ three-circle approach — seeking cheap stocks, solid fundamentals and positive business momentum — to provide an analytical edge while avoiding value traps.
Disciplined Value International Fund
BOSTON, October 7, 2014—John Hancock Investments has launched John Hancock Disciplined Value International Fund (Class A share ticker: JDIBX; Class I: JDVIX), the firm announced today. The Fund is managed by a team of portfolio managers at Boston Partners, a division of Robeco Investment Management.
Boston Partners Awarded Jackson National Mandate
(Boston, September 30, 2014) Boston Partners, a premier provider of value equity investment products, today announced it has received a $320 million mandate from Jackson National Life Insurance Company (“Jackson®”) for the new JNL/Boston Partners Global Long Short Equity Fund (the “Fund”). Jackson, a leading provider of retirement solutions, has made the Fund available on its Elite Access® variable annuity investment platform.
A Global Approach to Long/Short Investing May 2014
Even after a five year run up in the U.S. equity markets, many investors still have ample memories of the financial crisis of 2008. Investors are uncertain of where to invest that will offer some protection against market volatility and also mitigate drawdown risk. As a result, “liquid alternatives” have seen tremendous asset flows.
Boston Partners Launches Global Long/Short Fund
Boston Partners, introduced the Boston Partners Global Long/Short Fund (BGLSX) in early January. The new Fund has a similar investment process to the Boston Partners Long/Short Research Fund (BPIRX/BPRRX) with a wider global opportunity set. Managed by Jay Feeney, Christopher Hart and Josh Jones, who also manage the Boston Partners Global and International Equity funds (BPGIX and BPQIX), the Global Long/Short Fund will have least 40% invested in undervalued international stocks.
U.S. Equities at a Crossroads?
Nearly five years after the panic of March 2009, when stock prices dropped to the lowest levels in recent history, the U.S. equity markets have returned to the range of fair value. At around 1,800 the S&P 500 Index is trading at about 16.5 times estimated 2013 earnings, priced for a fair rate of return in the long run of between 7 and 9% - in line with historical averages. As such, the equity markets look neither cheap nor overvalued.