Research

​In our view, a focus on the emerging market consumer is the best way to capitalize on future growth opportunities in these countries.

​Annual Report from CIO Horacio A. Valeiras, CFA

An investment in Micro Cap Stocks should be considered as a practical supplement or complement to private equity.

 

AGIC Micro Cap Investing

​Over the last few decades, small-cap equities have established their place within investment portfolios, and in many cases this asset allocation decision has served investors well. More recently, investors have moved slightly up market to the SMid-cap (small- to mid-cap) universe, in pursuit of superior risk-adjusted returns, improved diversification and access to top investment teams.

 

AGIC SMid Investing

On August 5, Standard & Poor’s (S&P) announced that it downgraded the U.S. sovereign credit rating. Read our response.

The Great Recession punched gaping holes in public finances worldwide. Governments with questionable accounts are gasping as improprieties come to light. In the attached white paper, The Fiscal Future of America, we explore the contours of the U.S. debt problem.​

Question and Answer on global dividend investing with portfolio manager Burns McKinney.​

Quarterly Outlook and Commentary from Horacio Valeiras, CFA, Chief Investment Officer.

The current market environment is positive for U.S. high yield corporate bonds according to Income and Growth portfolio manager, Doug Forsyth.  Defaults are low, liquidity is ample and spreads versus comparable U.S. Treasury issues are historically wide.  Doug provides his views on the high yield market outlook in the attached clip from CNBC.

Annual Report from Horacio Valeiras, CFA, Chief Investment Officer.