Author: Edge Capital
40 posts written by Edge Capital
February 16, 2016
In a post-crisis world, central bankers have been the super heroes swooping in to snatch potential victims from an unseemly fate. However, recent market activity suggests that some are starting to question the “super” powers central bankers really have.
January 19, 2016
Despite the weak start to the year, we remind investors that sentiment can dictate short-term performance, but fundamentals are ultimately responsible for long-term returns. In the accompanying slides, we highlight opportunities for 2016.
October 10, 2014
Edge Capital Partners, an independent investment advisory firm with approximately $2.5 billion in assets under management, today announced the launch of the Blue Current Global Dividend Fund. The fund, co-managed by Harry Jones and Dennis Sabo, seeks out companies that are growing their dividends, offer an attractive yield, and have the potential for long-term capital appreciation.
August 22, 2014
During the global financial crisis, the US Federal Reserve’s gathering of global central bankers in Jackson Hole, Wyoming transformed from an academic discourse into a platform from which Ben Bernanke set the stage for future monetary policy actions. As the annual meeting convenes again this weekend, Janet Yellen may be hoping to downplay her comments from the market-moving attention that her predecessor’s received.
July 25, 2014
In more recent time periods, macro-related news including GDP growth and PMI data have driven market sentiment and accordingly returns. At the mid-way point of the year, however, Q2 earnings have taken center stage. For this reason, we opted to substitute our weekly macro review with an update on earnings from both the broader market and our portfolio companies.
July 18, 2014
Geopolitics continued to darken this week. Unrelated (hopefully) to the US stepping up sanctions against Russia this week for ongoing support of separatist aggression in the Ukraine, a Malaysia Air airliner was downed near the Russian/Ukraine border.
July 11, 2014
The export from Portugal this week was not nearly as smooth and sweet as its typical libation. News that Banco Esprito Santo, the 5th largest lender in Portugal, might face losses on loans to its founding family’s related companies resparked Euro-area bank concerns.
July 03, 2014
In the spirit of the upcoming holiday in the United States, we cannot help but think of a fireworks-related metaphor for the current equity markets. While we would love to say it has shot up like a bottle-rocket, or has been as spectacular as an aerial burst from a roman candle, it would be overstating it. No, the equity markets continue to act like a snake.
January 16, 2014
In the investment world, differences are where value is created. We are not talking about that dangerous phrase “This time it is different.” No, we are talking about finding those little disconnects that others have not quite picked up on or perhaps don’t fully believe quite yet.
October 15, 2013
In the face of these outside influences, we must focus on what we know – that valuation is the guide to good returns. As investors, we can exert our control by being selective in the assets we own. By having a plan yet staying flexible, we will be able to find the path to our long-term investment goals.
September 07, 2011
There is a lot going on today and below are some thoughts we have on global macroeconomics and financial markets generally. Our focus will be on expressing our opinions in the discussion but will touch on some high level datapoints. We will avoid recounting the litany of data that has come out in recent months and weeks.
June 01, 2011
Challenges create financial market opportunities and our responsibility as investment advisors is to determine if the opportunities can be monetized and if so, how.
October 05, 2010
Last month our Research Team traveled to London, New York, Boston, Dallas, Los Angeles, and San Francisco to visit current and prospective investment managers. These managers invest in fixed income, equities and real assets in both long-short and long-only strategies. During our meetings we discussed the outlook for these asset classes in light of the economy, public policy, and financial regulation.
June 01, 2010
Over the last two years our Research Team has visited Brazil, Russia and China in order to gain a better understanding of the opportunities and risks these markets offer our clients. These economies, which together with India form the “BRIC” group of emerging markets, are increasingly important to global economic growth.
March 01, 2010
As investors have sought assets capable of generating both yield and growth, Master Limited Partnership (MLPs) have attracted significant investor interest recently.
July 01, 2007
The Yale Endowment is arguably the most successful investment institution with a 17.2% annualized return from 1986 – 2006. Should wealthy taxable investors replicate their endowment investment approach?