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Our investment philosophy is straight-forward. We believe that, in
general, markets are efficient and that how you allocate your assets
between and among asset classes is the primary driver of portfolio
performance. This leads us to a "core and explore" approach to
building portfolios. We utilize low-cost, passively managed
investments to create low volatility portfolios consistent with the
client's return objectives. We supplement this with carefully
selected active managers who have demonstrated the highest levels of
integrity and a sustainable ability to add value.
By implementing a prudent, globally diversified asset allocation,
and rebalancing with discipline, we avoid following fads and chasing
past performance. By following a prudent, disciplined, and low-cost
investment approach, trustees can be confident they are properly
discharging their fiduciary duties. |
