Portfolio Management Services
Pennant
Management, Inc. employs a disciplined, yet flexible, global tactical
asset allocation approach to investment management. This research
driven process, predicated on both fundamental and technical analyses,
helps achieve each client’s investment objectives. Total
return, risk tolerance, liquidity, time horizon, and tax considerations
all shape each of our customized investment solutions.
Pennant
Management’s equity selection process utilizes market models
that seek statistically significant valuation anomalies in the
capital markets. Exchange Traded Funds and mutual funds are used
to target specific asset classes, market sectors, or geographic
regions that demonstrate noticeable value relative to the market.
Achieving appropriate portfolio diversification while minimizing
both explicit and implicit trading costs is fundamental to this
process.
Pennant
Management’s fixed income strategy stresses active management
of high quality short and intermediate bonds with average maturities
of one to five years. Liquidity needs, ranging from one day to
one year, are addressed with low volatility, highly liquid money
market instruments, including a proprietary Repurchase
Agreement.
For
more information about our investment management services, please
call John Culhane at (630) 810-4510.
