How Major Asset Classes Performed In January

In a world inundated with terms like ‘alternate facts’ and ‘post truth’ we take comfort in numbers.

Our business is simple, you make money for your clients or you don’t. No amount of academic accreditations, algorithms or excuses can compensate for not making successful investment decisions (see ‘Long Term Capital Management’…).

Here is how major asset classes performed in January:

gmi.01feb2017
LINK: Major Asset Class Performance January 2017

And here is the performance of our top equity holdings:
top 10

To translate: our overweights in tech, emerging markets, and biotech delivered exceptional results in our equity allocations.

Our average weighted returns for January will be available shortly. January seems to have gone on forever, but it was nevertheless a good month for our client portfolios.