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Ben Bernanke, Man of the Year?
This has been a remarkable few weeks. I don't need
to go to the gym to get my heart racing. As I am writing
this message, we seem to have, once again, tested
the lows and recovered, this time with a lot of help
from the Fed.
Continued in MESSAGE FROM THE CEO
(right column) > > > >
| (1) New Web Site! |
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We have completely redesigned our web site. Now
you have access to more information about our
commitment to crafting custom, diversified portfolios
and to finding you the right money managers to help
you achieve your investment goals.
The new web site offers many enhancements,
including:
Receive a complementary money manager check-up
and/or investment proposal today!
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| (2) Webinar - Fred Alger's Zachary Karabell, April 23 |
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On Wednesday April 23, join us when Zachary
Karabell, Executive Vice President and Chief
Economist for Fred Alger Management, and Gabriel
Burczyk, CEO of WrapManager, will discuss The
iPhone and Sub-Prime Economy.
Mr. Karabell is a regular commentator on national
news programs, such as CNBC, CNN and
Fox News. He offers unique insight into the
economic conditions driving this market. We hope you
will join us, and encourage you to invite a friend.
Space is limited, reserve your spot now.
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| (3) Manager Profile - Roosevelt Investment All Cap Core |
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In times of market volatility, as we have seen recently,
managers who have the flexibility to move part of their
portfolio into cash or even short positions can be
attractive for some investors. The Roosevelt All
Cap Core strategy has been a consistent top
quartile performer which can take defensive positions
when management deems it appropriate.
This strategy looks across all capitalizations and
styles, and focuses on themes that its managers
believe will outperform the market as a whole.
These themes are always under evaluation and
currently include such trends as agricultural
expansion, the global infrastructure boom and
alternative energy.
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The attached report and information have been
prepared or produced by WrapManager, Inc. from
sources and data believed to be reliable. Information
provided in this report is for educational and
illustrative purposes only and should not be
construed as individualized investment advice, as an
offer to sell, or the solicitation of an offer to buy any
security in any states where such an offer or
solicitation would be prohibited by regulations.
WrapManager, Inc. is not a tax advisory firm. We
recommend you contact your tax attorney or CPA
prior to utilizing any of the tax-related strategies
mentioned or discussed. Returns and experiences
will
vary for each client. Each client's risk tolerance and
investment objectives are unique to them. Past
performance may not be indicative of future results.
No assumption that future performance of any
specific investment or product made reference to
directly by WrapManager, Inc., on its Web site and in
marketing materials, will be profitable or equal the
corresponding indicated performance level(s). If
performance numbers are generated gross of fees, a
client's return will be reduced by investment advisory
fees and any other expenses. Opinions expressed are
those of WrapManager, Inc. and are subject to
change without notice and are not necessarily those
of Prospera Financial Services, Inc. its directors,
parent company or its affiliates. Securities offered
through Prospera Financial Services and cleared
through First Clearing, LLC. Prospera Financial
Services - Member FINRA/SIPC.
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MESSAGE FROM THE CEO |
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The collapse of Bear Stearns rocked the market, but
the crisis has caused the Fed to step in and address
the liquidity issues that have driven a lack of
confidence in financial institutions. This lack of
confidence has had a growing negative influence on
the market since December.
The recent actions taken by the Fed are different from
their usual reaction of simply cutting interest rates.
They have provided real sources of liquidity to firms
with too much cash tied up in subprime loans and
derivatives that have proven difficult to value or sell.
More from the CEO
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