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Donor Resources |
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Barnabas Foundation utilizes professional investment management firms to manage the assets in the Common Trust Fund. Since we can combine the assets of our donors and members in the Common Trust Fund, we have the ability to work with nationally-recognized investment management firms at competitive fee levels. Our highly-qualified investment committee, along with Merrill Lynch as fund custodian, oversees our investment managers. We believe that these carefully selected partnerships will ultimately benefit both our donors and our member organizations.
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AllianceBernstein Holding L.P. is one of the largest investment managers in the US, with over $500 billion in assets under management. Large Cap Growth, one of the firm's flagship services, seeks to deliver long-term capital appreciation by investing in companies with superior sustainable earnings growth and reasonable valuations that don’t fully reflect their prospective earnings growth. It builds portfolios around a core of 25-40 stocks, adjusting both portfolio risk and each stock's weight to optimize long-term performance. Their investment process emphasizes bottom-up stock selection with the goal of buying companies with one to three year relative earnings strength that results from excellent management and a long-term competitive advantage.
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Founded in 1929, Lord Abbett is an independent money management firm structured as a partnership. Currently, Lord Abbett manages over $110 billion in assets representing separately managed equity, fixed income, and balanced portfolios for institutional accounts, in addition to a family of mutual funds and wrap fee assets.
Lord Abbett manages approximately $30 billion in large cap value equity assets, including assets managed for Barnabas Foundation. Lord Abbett strongly believes that its multidimensional investment approach, a combination of quantitative and fundamental research elements, provides the firm with a source of competitive advantage.
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MFS manages the core international allocation. The strategy is managed by a team of MFS equity analysts located around the globe from a diverse background. The fund is designed to be broadly diversified by sector with the flexibility to invest across regions, industries, styles and market capitalizations.
MFS established the first mutual fund in the United States in 1924. With its invention, the firm helped make the U.S stock market, previously the exclusive domain of the wealthy, accessible to the average investor. Today, that commitment to putting investors first remains evident in everything about the firm.
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NFJ Investment Group, a division of Allianz Global Investors, manages a value portion of the international allocation. NFJ employs a deep value equity investment style that focuses on dividends, discipline and diversification. Over the years, the firm's strict adherence to this approach has helped it to deliver consistent results for investors with lower-than-average risk.
In the International Value Strategy portfolio, managers adhere to a strict value discipline, seeking fundamentally sound foreign companies that are seen as undervalued. They employ a disciplined investment process that combines quantitative stock screening with fundamental research. They seek to invest primarily in dividend-paying stocks of
non-U.S. companies (generally ADRs); while these stocks are subject to higher risk than domestic stocks, they have historically offered higher dividend yields. The strategy’s ability to invest up to 50% in emerging markets provides the managers with the flexibility to evaluate higher risk/reward candidates.
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A portion of the international portfolio is managed by Wentworth, Hauser
and Violich. The investment philosophy is grounded in the conviction that
superior investment performance depends primarily on investing in the most
attractive global economic sectors. WHV utilizes a top-down sector
allocation strategy to generate superior performance. First, the relative
attractiveness of 10 global economic sectors is analyzed. Second, the
potential of 67 industry groups is examined. Third, the attractiveness of
51 countries is analyzed. Fourth, our universe of 700 foreign equity
securities is researched. Lastly, a portfolio of 30 to 60 stocks is
constructed, representing primarily economic sectors that have the
potential to deliver superior long-term earnings growth.
For seven decades, Wentworth, Hauser and Violich has provided a
disciplined approach to investing with a focus on preserving capital and
structuring high-quality diversified portfolios that generate strong,
risk-adjusted returns over time.
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Tradewinds is a division of Nuveen Investments and is focused on identifying hidden value anywhere in the world and realizing those opportunities for their clients. Tradewinds manages over $20 billion in value assets and over $2.5 billion in the small/mid cap strategy. The small/mid cap value portfolio uses a rigorous bottom-up research approach to identify undervalued companies with strong and/or improving franchise quality. The portfolios are diversified across 40-60 companies representing strong risk/return characteristics. Convertible bonds and ADRs can be up to 20% of the strategy.
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Westfield Capital Management Company, LLC, a SEC-registered investment advisor dedicated to providing quality investment management services to institutions and wealthy individuals, was founded in 1989. Westfield supervises domestic growth equities, with products focusing on each segment of the capitalization spectrum. Investment professionals employ an in-depth, fundamental research process to uncover growth opportunities not yet fully appreciated by the market.
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The fixed income portfolio is managed by Neuberger Investment Management. Their Intermediate Duration fixed income investment process generates superior returns through incremental income, protection of principal and capital appreciation, while controlling the risk elements of the fixed income markets.
Founded in 1939 by Roy Neuberger, Neuberger has for seven decades been committed to protecting and building wealth for its clients. With more than 25 experienced portfolio teams in its Private Asset Management platform, the firm’s research focus and collaborative approach have consistently delivered superior returns for clients. Neuberger Berman remains committed to its powerful culture, its people, its alignment of interest with clients, and to continuing its focus upon performance and client service.
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Heitman Securities Advisors LLC is the real estate public securities division of Heitman, a global real estate investment firm that has over $20 billion in assets under management. Heitman is a bottom-up, value-oriented manager, committed to a strategy of investing in companies that offer growth-at-a-reasonable price. The firm's investment process combines a proprietary financial model with the knowledge and experience of our management team, creating a real estate portfolio offering the greatest potential for growth with the least amount of risk.
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ING Clarion is an affiliate of ING’s Real Estate Group and focuses on worldwide real estate equity securities management opportunities. Because of their access to a network of real estate professionals located throughout Europe, Australia and Asia, ING Clarion provides a unique perspective on global real estate investing.
The ING International Real Estate Portfolio conducts systematic evaluations of public and private property market conditions and trends in combination with an in-house valuation process to identify investments with superior current income and growth potential relative to peers. The portfolio is constructed of companies that derive at least half of their total revenues or earnings from owning, operating, developing and/or managing real estate. The International Strategy provides a level of diversification in addition to U.S.-only real estate investments, along with the opportunity to participate in growing economies outside of the U.S. and the adoption of the Real Estate Investment Trust (REIT) structure outside of the U.S.
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Barnabas Foundation utilizes the consulting, trade execution, and custodial services of Merrill Lynch & Co., Inc. Merrill Lynch traces its historical origins to 1820 and is one of the largest securities firms in the
world. With client assets over $1 trillion, Merrill Lynch is currently a preeminant provider of investment management services around the world. Merrill Lynch through its subsidiaries and affiliates, provides
investment, financing, insurance, and related services on a global basis. Merrill Lynch is a leading broker-dealer in various types of securities, a leading investment banking firm, and an underwriter of selected insurance
products. Merrill Lynch is a registered investment advisor with the Securities and Exchange Commission and, therefore, subject to the Investment Advisors Act of 1940, among other additional rules and regulations. Merrill Lynch carries extensive errors and omissions insurance with Aetna Casualty
and Surety Company and Fidelity bond coverage through the Investor Protection Insurance Company.
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