Equity investing
Our equities organization manages a range of funds that pursue outperformance of stock market indexes over time. We achieve our performance through deep fundamental research, which drives our stock selection and portfolio construction process.
Reducing downside market risk
We build portfolios that allow the unique features of each stock to have impact on performance. This process includes risk analysis to reduce unwanted volatility during market drawdowns.
We believe the key tenets of our philosophy contribute to performance
- Portfolios that emphasize stock-specific qualities are better positioned for more consistent performance in all market environments
- Incorporating context-relevant and financially material environmental, social, and governance insights enhances stock analysis
- Active research is more successful when individuals have accountability while working in a collaborative team structure
Featured strategy: Large Cap Value
Portfolio managers Darren Jaroch, CFA, and Lauren DeMore, CFA, manage a disciplined process to target a wider array of opportunities than many other U.S. value portfolios. Get to know our multidimensional approach to value investing.
Available options:
Large Cap Value Fund (PEIYX)
Overall Morningstar Rating™ out of 1,135 funds in the Large Value category based on total return as of 04/30/23.
Focused Large Cap Value ETF (PVAL)
U.S. Large Cap Value Equity Concentrated (Separately Managed Account)
Most recent equity posts
Why Gaza war has not yet caused an oil price spike
The calamity of war in Gaza since early October has so far had a more muted impact on oil prices than might have been expected. We analyze the market and share our outlook.
High rates and lower bank lending may lift BDCs
Tighter bank credit conditions may drive new growth opportunities for some business development companies (BDCs).
Sticky inflation is likely if there is no recession
Trends from the labor market and continued wealth imbalance are setting the stage for sticky inflation. Read the October Macro Report.