Franz Valencia

AJO offers benchmark-relative and absolute-return strategies across the market-cap spectrum of US, global and emerging markets equities, subject to the investment policies, limitations, and restrictions of their clients. They are value-oriented but believe superior results are best achieved by considering value, management, momentum, and sentiment. AJO favor asset-rich companies with higher earnings compared to price. Portfolios can be long-only or long/short. As a quantitative asset manager, AJO’s bottom-up research effort focuses on enhancing their firm-wide valuation, risk, and transaction-cost models, and ensuring that the data that feeds these models are accurate and representative for each company.

PIM is an active, long-term investment manager across the major asset classes. Their analysis of the financial markets is generally based on fundamental analysis and research, but also includes quantitative elements. PIM research is focused on developing both a top-down view of broader market performance and a bottom-up outlook for individual securities.

Functions as a College/University

Functions as a College/University

CMIA manages no-load mutual funds and separate client-focused equity, fixed-income and balanced portfolios. The firm invests in the growth and value stocks of small-cap, mid-cap and large-cap domestic and international companies. Their investment strategy combines a top-down approach and thematic and fundamental analysis with a bottom-up stock selection process. CMIA’s fixed-income investments focus on short-term, intermediate-term and long-term high-quality debt instruments including US Treasuries, MBS, ABS, municipal bonds and agency bonds. Their balanced investment approach is a blend of their equity and debt strategies. Portfolios are benchmarked against the S&P 500 Index and the Barclays Capital Aggregate Index (formerly the Lehman Aggregate Index).