Tim Malloy

Within each investment style, JHA employs a team approach to portfolio management. These teams have relative autonomy for making investment decisions within the strategies' objectives and client guidelines. Each investment team member specializes in an industry or group of industries. A bottom-up investment approach emphasizes detailed fundamental analysis. All portfolio managers perform research and contribute ideas, and the entire investment staff meets daily to exchange market perspectives and investment ideas.

Manulife IM-US utilizes a broad range of equity, fixed income, currency and asset allocation approaches. They manage differentiated investment processes and place an emphasis on proprietary fundamental research but may also employ quantitative analysis. The firm’s equity investment research combines quantitative and qualitative bottom-up fundamental analysis. Their fixed income management teams engage in intensive fundamental research and analysis, both top-down and bottom-up, to assess potential investment opportunities.

Baring North America's (BNA) investment approach focuses on identifying favorable earnings surprise and valuation characteristics through fundamental research. They seek companies and markets whose attractive growth prospects are not fully reflected in their prices. The firm's core equity portfolios are diversified large-cap portfolios that typically offer above market growth characteristics at or at a reasonable premium to market valuations. BNA's growth criteria embrace companies delivering growth in earnings per share in the top 60% of their universes. The firm's systematic equity investment process embraces hands-on fundamental stock research and analysis to generate proprietary earnings forecasts and relative valuation targets and quantitative analysis and screening to focus their research and generate buy and sell ideas. BNA's investment teams use a common framework and template for equity research, which focuses on growth, management, value creation and valuation criteria. Their regional equity teams are responsible for portfolio strategy and stock selection for specialist regional equity portfolios as well as the regional portion of their global and multi-asset mandates. The asset allocation team is responsible for regional/country strategy in their global and multi-asset portfolios and for sector policy at the global and multi-asset mandate level. The output of their fundamental and quantitative research is used to rank each stock and to shape buy and sell decisions. Teams review stocks continuously following company meetings and announcements. BNA's fixed-income processes are characterized by fundamental research and disciplined portfolio construction techniques. They also use technical analysis, particularly in currency allocation research. The firm's credit research leverages off the equity research capabilities of the firm. They invest in bonds issued by governments, agencies, corporates as well as emerging market sovereign, mortgages and asset-backed securities. BNA includes bonds across the rating spectrum from Aaa to Caa, according to the risk tolerance and guidelines of their clients.

Thomas Weisel Asset Management (TWAM) offers US equity separately managed accounts in small-cap growth, small/mid-cap growth and mid-cap growth strategies. The firm's investment approach is based on the idea that investors inefficiently price growth stocks because they over-extrapolate near-term trends in company fundamentals. Their investment selection process is based on fundamental research and a systematic valuation discipline. TWAM seeks to actively manage risk/reward trade-offs across securities and sectors to provide a more efficient allocation of portfolio capital. Their strategies employ in-depth fundamental research and a bottom-up stock selection process to create optimized portfolios of US growth stocks. The firm's small-cap strategy is offered as a separately managed account and through commingled funds. The strategy focuses on investments in the stocks of small US companies with a market-cap of $50 million to $5 billion. The strategy is benchmarked against the Russell 2000 Growth Index. TWAM's small/mid-cap strategy is offered as a separately managed account. The strategy focuses on investments ion the stocks of US small and mid-sized companies with a market-cap of $50 million to $10 billion. The strategy is benchmarked against the Russell 2500 Growth Index. Their mid-cap strategy is offered as a separately managed account. The strategy focuses on investments in the stocks of US mid-sized companies with a market-cap of $1 billion to $25 billion. The strategy is benchmarked against the Russell Mid-Cap Growth Index. Though not limited by sector, TWAM tends to invest in the stocks of companies in the technology services, healthcare technology, electronic technology, industrial services and finance sectors. The firm maintains a high turnover rate.

Birch Hill works with each client to establish their goals, objectives, risk tolerance and investment time horizon and devises a plan to structure a portfolio to meet their goals within the appropriate risk profile. The firm emphasizes on personal research conducted by individual investment managers and supplemented by internal and third-party analysis. They primary concentrate in large- and mid-cap stocks of US-based companies. Bonds are used in portfolios, as appropriate for each individual client, for current income, stability and diversification.

Functions as a College/University

Functions as a College/University