Thoughts from our Domestic Equity Team
At Roosevelt Investments, our equity investment process is guided by a thematic framework. One of our foundational beliefs is that thematic drivers may act as a catalyst for a company’s stock to outperform its peers, thus providing a benefit for our clients. The themes we identify generally represent large-scale, transformational changes that we believe will occur in the coming three, five, or even ten year time horizon. We believe that demographic shifts can fit this description and be powerful drivers of change. In addition, we view such shifts as having the added benefit of being relatively immune to macroeconomic forces.
A new theme we are tracking is one we call “Demographic Dividends,” and is based on a significant demographic wave currently sweeping over the United States. After World War II, veterans returned home and over the next decade married and had children. Those children formed an outsized demographic cohort which became the familiar “Baby Boom” generation, and that generation is now retiring from the workforce in large numbers. In the coming years, we think it is likely that this demographic wave will generate a great deal of economic activity for certain parts of the economy, benefitting the fortunate companies who are situated to respond to the needs and demands of baby boomers as they enter their senior years. We are currently analyzing a number of companies that we believe could be beneficiaries of this demographic wave.
Submitted by: John Roscoe, CFA - Senior Portfolio Manager
This information is intended solely to report on investment strategies and opportunities identified by Roosevelt. Opinions and estimates offered constitute our judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions. This material is not intended as an offer or solicitation to buy, hold or sell any financial instrument. References to specific securities and their issuers are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations to purchase or sell such securities. Please contact us at 646-452-6700 if there is any change in your financial situation, needs, goals or objectives, or if you wish to initiate any restrictions on the management of the account or modify existing restrictions, or if you would like to request a copy of our Code of Ethics. Our current disclosure statement is set forth on our Form ADV Part II, available for your review upon request, and on our website, www.rooseveltinvestments.com.
Past performance is not a guarantee of future results. Indices are unmanaged and cannot accommodate direct investment. Themes assigned as per Roosevelt Investments’ evaluation. Risk tools may include cash or other securities that we believe possess a low or inverse correlation to the overall market.
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