Glenmede - Investment and Wealth Management

• Individually Managed Core Equity Portfolio:

  Glenmede believes that investing in undervalued companies with strong fundamentals and higher quality business models is a powerful combination. Companies with these combined characteristics tend to generate superior returns over the long term while holding their value better in down markets. Attractively valued equity investments are identified and researched by Glenmede’s experienced team of equity fund portfolio managers, quantitative and fundamental research analysts, and traders.

  For taxable accounts, portfolio managers invest in a tax-efficient manner, avoiding short-term capital gains, managing turnover, and using losses to offset gains. Given that every client faces a different tax situation, we do not force our equity portfolios to look identical to each other. Rather, we create a portfolio that is customized to the client’s particular situation.

• Specialist Managers:

  The world abounds with interesting and profitable investment ideas. Specialist managers offer a way to access those opportunities. Glenmede manages a variety of specialist portfolios including growth, value, large cap, small cap, international and 130/30 strategies.

  Our Manager Alliances Program expands the universe further by researching and identifying exceptional investment practitioners in a wide variety of asset strategies.

  We combine Core Managers and Specialist Managers based upon our own investment views on the most attractive combination coupled with our clients’ preferences for return, risk, tax efficiency, and proprietary versus open architecture.

With over $4.5 billion of fixed income assets under management and an experienced fixed income team, Glenmede offers clients two fixed income investment formats: a separately managed portfolio or mutual fund portfolios. The choice of using a mutual fund versus a separately managed portfolio is dependant on the size of the investment and the availability of the strategy desired in a separately managed or fund format.

The fixed income process begins with a review of client objectives, constraints, and risk tolerance. This is followed by portfolio construction, individual security selection, and portfolio maintenance. This process is repeated throughout the year as market circumstances change or as client needs dictate.

Glenmede seeks to add value primarily through sector rotation, segment selection, and security selection. Our investment decisions are driven by a combination of fundamental and quantitative technical analysis incorporating firm proprietary investment models. Client portfolios are customized on a tax-aware basis, utilizing cash management, total return, or income- generating strategies.

Our clients have access to highly-reputable world-class managers across all geographies and investment styles with the following characteristics:

• A well-articulated investment discipline 
• A staff of experienced and specialized professionals
• Business metrics built around performance rather than sales 
• Stakeholders in the strategies they manage 
• Solid operations and business structure

Glenmede provides access to all asset classes including domestic and international equities and fixed income – as well as specialized products such as high yield debt, convertible bonds, and MLPs. We continually look to enhance the products offered to clients.

Private Investments in sectors such as Leveraged Buyout, Growth Equity, Distressed, Real Estate, and Venture Capital can provide clients with strategies that are not available in the public markets. Sponsors of Private Equity funds are active owners who build new companies, fund high levels of growth, restructure or re-configure businesses, or execute turnarounds of struggling businesses.

With over fifty years of combined private investment experience, Glenmede's alternative asset professionals have long-standing relationships with the most successful fund sponsors and access to "top tier" institutional quality partnerships. Glenmede's private investment vehicles employ a fund-of-funds approach – providing access through a single investment vehicle to an array of managers. Diversification is achieved through allocation across managers, vintage years, geographies, and sponsor groups.