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Rothschild & Co | Annual Report 2017
Rothschild Private Wealth & Asset Management
Rothschild Asset Management – North America
Data from consulting firm FUSE Research Network shows
that Rothschild Asset Management – North America is
among the 6% of US-based active equity managers that
have seen positive inflows in each of the past four years.
In 2017, we added 23 new institutional accounts, helping
to increase our assets to US$10.6 billion on 31 December
2017.
During the last three years, we have more than doubled our
AUM and achieved a significant milestone in crossing the
US$10 billion threshold. Rothschild Asset Management
– North America is now well-positioned and privileged to
serve a diverse client base.
Our management expertise
In New York, we offer investments covering a range of US
securities including large-cap, small/mid-cap, small-cap
and balanced strategies. We seek to provide superior
performance while controlling risk. Our seasoned teams
of investment professionals use a disciplined investment
philosophy and an integrated process focused on
fundamentals. We manage assets for a broad range of
clients including: corporations, endowments, foundations,
healthcare organisations, high net-worth investors, public
pension funds, sub-advisory and Taft-Hartley plans. We are
guided by a clear and strongly held investment philosophy
that seeks to add value through stock selection while
controlling benchmark risk.
To that end, six out of seven of our actively managed US
strategies outperformed their benchmarks gross of fees
in 2017. Nor has our success been short-term: all seven
strategies have outperformed their benchmarks since
inception, and have done so with less risk. In addition,
none of our strategies have ever underperformed their
benchmarks in a negative calendar year.
Our complementary offering:
risk-based investments
As the asset management industry continues to evolve,
investors have increasingly looked to hybrid solutions that
combine the best features of active and passive solutions.
In addition, after an extended bull market, many clients are
seeking a way to participate in the upside while reducing
the risk associated with traditional market capitalisation-
weighted indices.
Based in New York, Rothschild Risk Based Investments LLC
(RRBI) takes a new approach to portfolio construction,
offering bespoke solutions based on risk. These solutions
are designed to reduce volatility and maximum drawdown,
while improving the Sharpe ratio.
Our relationship with National Bank Investments in Canada,
where we sub-advise a Canadian-equity and a global equity
fund, continues to thrive. Our business has grown with the
addition of two ETF mandates from Nationwide, a large
US-based insurance company.