WrapManager's Wealth Management Blog
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Tradewinds Global Investors - Risk Managed Investing

Posted by Michael J. O'Connor | CWS®, Vice President Investments

July 19, 2012

Michael Mullane of Tradewinds Global Investors examines how risk and risk managed investing is viewed in today's ever-changing world. "A healthy approach to investing requires a balanced, realistic assessment of risk. Value is rarely found in neat packages free of any uncertainties, but leverage in a single speculative position can quickly backfire, and negative perceptions "everyone" holds may be obscuring great prospects. A sophisticated investor must be willing to look past conventional wisdom, spending time and thought in a multi-dimensional assessment of possible outcomes to synthesize an appropriate level of conviction toward given opportunities. At Tradewinds, we try to evaluate investments from a fresh perspective, going beyond groupthink to appraise truly important driving factors. This thoughtful analysis of value and certainty flows to our choice of investments, our weightings in those investments and our decisions about how to combine investments." Read more about risk managed investing by downloading the full report.
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Tradewinds NWQ Global Investors, LLC

Money Manager Tradewinds Global Investors Downgraded to Review

March 22, 2012
WrapManager’s Investment Policy Committee placed money manager Tradewinds Global Investors on Review status as of March 20, 2012. Chief Investment Officer, Co-President and Lead Portfolio Manager David Iben will be leaving Tradewinds on June 30, 2012, along with several key members of the Tradewinds’ portfolio team. If you currently have Tradewinds in your portfolio or are considering Tradewinds as an investment, WrapManager’s Investment Policy Committee recommends that you request more information here and speak with one of our Wealth Strategists before making any decisions. Our Wealth Strategists will provide you will detailed information about Tradewinds’ strategies and offer alternatives given these significant personnel departures. Mr. Iben was responsible for growing the Tradewinds 14-member team beginning in 2006. He was also portfolio manager for the Tradewinds Multi-Cap Opportunities strategy, which was one of WrapManager’s recommended money manager strategies for 2012. The strategy is now on review status. Three portfolio managers and Tradewinds’ Associate Director of Research will also be leaving Tradewinds to join Mr. Iben at Vinik Asset Management. As a result, several Tradewinds portfolios will be losing their lead and/or co-portfolio managers. These include: Nuveen Tradewinds Value Opportunities, Nuveen Tradewinds Global All-Cap, Nuveen Tradewinds International Value, Nuveen Tradewinds Global Resources, Nuveen Tradewinds Global Flexible Allocation, and Nuveen Tradewinds Small-Mid Cap. Tradewinds has not announced any successor to Mr. Iben. These most recent departures come on the heels of Paul Hechmer’s departure in mid-2009. Mr. Hechmer helped found Tradewinds and managed the International Value portfolio for several years. Get Free Research Reports about Tradewinds NWQ Global Investors, LLC [+] Read More

Weird Science and the Concept of Value - Tradewinds Global Investors

June 2, 2011
In his latest must read commentary, Chief Investment Officer David Iben at money manager Tradewinds discusses the concept of money and its use throughout history. "When discounting future cash flows, the "value" of that cash at the time it is received in the future should be in the forefront of peoples' minds. Fiat currencies and bonds are somebody's liability. Governments' ability to make good on these obligations is imperative. In light of the current, precarious situation of most issuers of paper currency and sovereign bonds, Tradewinds prefers to own good business franchises and tangible wealth." Download Full Commmentary Here Get Free Research Reports about Tradewinds NWQ Global Investors, LLC [+] Read More