Advisors Year-End Checklist – Are You Prepared?

Posted by Dana Funds Investment Team on Sep 5, 2019 6:19:53 PM

Can you believe Labor Day is behind us? With the end of the year approaching, here is a checklist of items to keep in mind when speaking with your clients this fall:

Read More

The Business Roundtable’s New Standard for Corporate Responsibility

Posted by David Weinstein, Portfolio Manager on Aug 29, 2019 1:33:18 PM

On Monday, August 19, 2019, the Business Roundtable, a group of chief executive officers from nearly 200 U.S. corporations, issued a statement1 proposing a new definition of the purpose of a corporation. This new vision included heightened corporate responsibilities toward employees, customers, suppliers, communities and the environment, rather than strictly looking to maximize profits and shareholder monetary value. The statement was signed by 181 CEOs including the heads of Apple, JPMorgan Chase and Amazon.

Read More

Who’s Winning? Strategic Versus Tactical Investors

Posted by Dana Funds Investment Team on May 29, 2019 5:28:10 PM

Although volatility hasn’t been as pronounced as in past years (we recently penned a blog on this, “Chart of the Month – How 2019 Volatility Stacks Up Against Prior Years”), trade tensions and concerns over a slowing U.S. economy have caused enough concern for more-tactical investors to take some money off the table. One investor group in particular that has trimmed its long equity exposure is hedge funds.

Hedge funds typically employ nimble, tactical investment strategies, relying on portfolio managers’ experience and expertise or specific indicators to determine when to increase exposure in their long or short books. While these funds’ short positions and relative lack of equity beta (compared to a strategic long-term, long-only equity investor) was beneficial during 2018’s fourth-quarter selloff, the majority of hedge funds then missed out on the first quarter’s rally. 

Read More

The Dana Funds are distributed by Ultimus Fund Distributors, LLC. There is no affiliation between Ultimus Fund Distributors, LLC. and the firms referenced in this blog post.