Market Update

Does Anybody Remember What a Correction Feels Like?

February 6, 2018


In case anybody forgot, the past week is a reminder that the markets don’t always go straight up. With the S&P…

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Benchmark Review

Benchmark Review & Monthly Recap, January 2018

February 5, 2018


The winning streak for global equities continued in the new year and the S&P 500 logged its 15th consecutive month of…

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Opportunity Update Commentary

4Q 2017 — Bears’ Fears Are Only Imagined

January 25, 2018


The Roman philosopher Seneca said that “We are often more frightened than hurt; and we suffer more from imagination than reality.”…

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Multi-Strategy Commentary

4Q 2017 — The Ride Was Smooth and Up

January 25, 2018


The year 2017 was very profitable for both U.S. stock markets and the U.S. high yield bond markets. The ride was…

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Fixed Income Total Return Commentary

4Q 2017 — Another Great Year in the Books

January 23, 2018


2017 was an exceptional year for the global economy and stock markets. The major equity markets stand at or near record…

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Market Outlook

2018 Market Outlook

January 23, 2018


Executive Summary 2017 was an exceptional year for the global economy and the stock markets. The major equity markets stand at…

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U.S. SMID Cap Commentary

1Q 2018 — SMID Cap Celebrates Five-Year Anniversary with Continued Gains

January 22, 2018


Since inception, Navigator SMID strategy delivered annualized gains of 15.72% gross (12.34% net) vs. 11.55% annualized gains for the Russell 2500…

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U.S. Small Cap Commentary

4Q 2017 — Navigator Small Cap Keeps Pace with Benchmark

January 22, 2018


For the three years ending December 31, 2017, the Navigator Small Cap strategy delivered annualized gains of 11.78% gross (8.50% net),…

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ADR/International Equity Commentary

1Q 2018 — ADR Begins Second Decade

January 22, 2018


The Navigator International Equity/ADR strategy delivered annualized gains of 10.00% gross (6.77% net) vs. the gain of 5.89% for the MSCI…

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