MAP provides specialized investment management services to institutions and individuals through separately managed accounts. The firm offers a complementary line of domestic equity value strategies:
History has shown that value investing offers an advantageous balance between risk and reward.
Amory Aldrich
Focused Value Strategy
Focused Value is a long-only, concentrated, all cap value strategy. The firm utilizes a disciplined value approach within a flexible framework to opportunistically respond to market conditions to shift emphasis depending on where values are found. The strategy is not managed to mimic an index and seeks capital appreciation primarily through stock selectivity while maintaining reasonable diversification across industries.
- Focused Value Strategy Overview
- Focused Value Q1 2012 Fact Sheet & Commentary
- Focused Value Market View
Listen to the Q1 2012 Focused Value Conference Call:
Small Cap Value Strategy
This strategy—best characterized as Value Momentum—seeks capital appreciation primarily through stock selectivity, thematic investing, and tactical trading. Combining bottom-up, fundamental research and timing measures, it invests in sound businesses that are undervalued relative to earnings, cash flows, assets, and future prospects. A secondary objective is to outperform the small cap value indexes over a complete market cycle of 3-5 years. Small Cap Value invests in 60 to 80 stocks with market capitalizations approximating those of the Russell 2000 Value index at purchase. The strategy does not mimic any index but a robust risk management overlay ensures reasonable diversification across sectors.
Listen to the Q4 2011 Small Cap Value Conference Call:
Mid Cap Value Strategy
The firm's founding strategy seeks to compound capital by exploiting inefficiencies between price and value that are most prevalent among smaller capitalization companies, while reducing risk. The firm's bottom-up, value approach seeks to deliver steady, high returns over time at below-market risk levels while protecting capital in weak markets. Our investment universe concentrates on companies in the size range of the Russell Mid Cap Value Index. The strategy will hold 35 to 55 stocks and will provide reasonable diversification across industries and sectors; however exposures will deviate from the market indexes. Cash is not used to time the market but is a residual of the bottom-up process. 0% to 10% cash should be expected.
Listen to the Q1 2012 Mid Cap Value Conference Call:
