Large-cap value strategies shine after equity market shock in late 2018.
We see opportunity within the consumer cyclical sector.
Our managers continued to find names to put new money to work during the first quarter even as equity markets reached new highs.
Seven of the top 10 dividend-yielding names are undervalued.
The most compelling story on the conviction holdings list of our top managers is narrow-moat rated Apple.
The financial services and technology sectors each contributed three names to the high-conviction purchases list, and industrials contributed four to the new-money purchases list.
Large-cap growth and large-cap value strategies maintain gains above index, market is undervalued.
Stock-pickers find value in times of volatility and continue to purchase and hold high-quality names.
New-money purchases in technology and consumer goods, and Berkshire finds value in the financial sector.
Our roster of top managers is finding value in these higher-yielding stocks.