Overview
Inception
Date
01.01.2002
Account
Minimum
$100,000
Philosophy
- We believe that real estate assets are an important part of a diversified portfolio and can provide an attractive combination capital appreciation and current income.
- We view real estate securities as offering investors a cost-effective, liquid way to participate in the asset class.
- Aim to add value primarily through positive stock selection within each property type subsector.
- Our long-term perspective values companies with multi-year catalysts and produces low portfolio turnover.
Process
- Disciplined “relative value” approach combines the benefits of both quantitative and fundamental research.
- Quantitative analysis: compare REITs to their property subsector peers on the basis of valuation, cash flow growth, and financial leverage.
- Qualitative analysis: identify those REITs which offer the most attractive relative value and possess a catalyst to drive earnings and valuation.
Portfolio Manager
Performance
| Term | QTR | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception1 |
|---|---|---|---|---|---|---|---|
| Real Estate SMA (Gross) | 15.54 | 14.59 | 34.28 | 3.99 | 6.40 | 8.94 | 10.00 |
| Real Estate SMA (Net) | 14.72 | 12.11 | 30.45 | 0.96 | 3.31 | 5.77 | 6.81 |
The composite inception date is 12.31.2001. Performance is preliminary and is annualized for periods longer than one year. Net of fees performance returns are preliminary and are presented net of the investment management fees and trading expenses. Gross of fees performance returns reflect the deduction of trading costs: a client’s return will be reduced by the management fees and other expenses it may incur. Investment management fees are described in Sterling’s Form ADV 2A. Performance reflects the reinvestment of interest income and dividends and realized capital gains. The performance presented represents past performance and is no guarantee of future results. Performance is compared to an index: however, the volatility of an index varies greatly and investments cannot be made directly in an index. Market conditions vary from year to year and can result in a decline in market value due to material market or economic conditions. Sources: Bloomberg L.P.; Sterling Capital Management Analytics. Please refer to the GIPS Composite Report on the Fact Sheet linked above for additional disclosures. Net returns are calculated by deducting the highest applicable wrap fee of 3.00% annually from the gross composite return.
Real Estate SMA
Materials
SMA
Insights
12.20.2024 • Andrew Richman, CTFA
Andy Richman's update on the December Federal Open Market Committee meeting.
12.17.2024 • Peter Brown, CFA®
Video - Sterling Capital's Fixed Income Philosophy
Sterling Capital specializes in fixed income investing, and today we’re looking at the team’s philosophy with Pete Brown, Managing Director and Head of Investment-Grade Credit. Watch and gain valuable insights as Pete reveals their fixed income philosophy, emphasis on risk-management and team-managed approach.
12.12.2024 • Orton Chen, CFA®
Meet Orton Chen, Chief Investment Officer for Sterling Capital's Private Client Group
Sterling Capital is pleased to share a closer look at Orton Chen, Chief Investment Officer for our Private Client Group. In this spotlight, he shares his professional experience and advice, and the one rule he would make if he could. It’s great to have you on our team, Ort! Thank you for everything you do, and for sharing this with us.
12.10.2024 • Charles Wittmann, CFA®
- Over the past 12 months, our benchmark, the Russell 1000® Value Index, is up +29.5% as of November 30, 2024. If this year-over-year gain holds, it may be the best year for the Russell 1000 Value in over a decade. - What is interesting to us is that the return thus far in 2024 has been concentrated in the largest holdings in the index. - Where do we stand in terms of overall valuation for the index where these top companies reside? - We provide an update and observations.
11.22.2024 • Shane Burke
Meet Shane Burke, Sterling Capital Advisory Solutions Portfolio Manager
Sterling Capital is pleased to share a closer look at Shane Burke, our Advisory Solutions Portfolio Manager. In this spotlight, he shares his professional experience and advice, and his hidden talent. It’s great to have you on our team, Shane! Thank you for everything you do, and for sharing this with us.
11.18.2024 • Andrew Richman, CTFA
Fed Begins to Ease... Rates Rise?
Andy Richman's update on the November Federal Open Market Committee meeting.
Contact
Learn more about Sterling Capital solutions and services.
