Personal Wealth Management / Corporate Information

How Our Flexible Investment Approach Benefits Clients

No single investment category is right for all time. Instead, categories often trade leadership. In this video, Executive Vice President of Portfolio Management, Bill Glaser, explains how Fisher Investments takes advantage of these regular leadership rotations.

Based on historical analysis of category leadership, Fisher Investments determines which countries, sectors and investment styles might perform best in the future given its economic forecast. As a global money manager, this ability allows Fisher Investments to identify countries that might perform well given their current economic and political climates. While many investors tend to invest mostly—or even solely—in their home country’s securities, Fisher Investments believes global investing is an ideal way to increase diversification, spread out risk and take advantage of opportunities around the world. Fisher Investments’ top-down investing approach differs from many investment managers who simply aim to pick hot stocks. Fisher Investments is not trying to find “needle in the haystack” stocks. Instead, Fisher Investments aims to find the “haystacks with the most needles” and then determine which securities are the best fit in a diversified client portfolio.

Video Transcript

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How Our Flexible Investment Approach Benefits Clients

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Bill Glaser: Fundamentally, we don't believe that any one category or style of the market is inherently better than another. So what we look to do is rotate the portfolio and invest in categories that we believe on a forward looking basis will do best.

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Bill Glaser (continued): And a lot of that is predicated to our belief on where we're at in the market cycle. So we look to utilize that flexibility, but also do so on a global basis, looking for global opportunities.

The process is also top down in nature in the sense that unlike many managers in the industry, which tend to be more bottom up oriented, they tend to be the stock pickers. They're trying to find that best stock out there, the best performing stock. That’s not what we're doing at Fisher Investments. And in fact, at Fisher Investments, we're not trying to find that needle in the haystack--we’re trying to find the haystacks with the most needles. And we feel like if we can do that, and we can identify the categories of the market that we think will do best, well that goes a long way in maximizing the likelihood that we then get our stock selection part of the process correct.

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Interested in learning more about Fisher Investments and how we can help?  Call us at (888) 823-9566 to speak with a local representative.

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Fisher Asset Management, LLC does business as Fisher Investments.  Investing in stock markets involves the risk of loss and there is no guarantee that all or any capital invested will be repaid.  Past performance is not guarantee of future results.

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This commentary constitutes the general views of Fisher Investments, and should not be regarded as personalized investment or tax advice or as a representation of their performance or that of their clients.

No assurances are made that they will continue to hold these views, which may change at any time based on new information, analysis or reconsideration.  In addition, no assurances are made regarding the accuracy of any forecast made herein.  Not all past forecasts have been, nor future forecasts will be, as accurate as any contained herein.

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