AMI Asset Management has developed a U.S. large cap growth and a U.S. small cap growth strategy which focus on superior long-term performance, while minimizing downside risk. This performance is generated through utilizing a disciplined GARP strategy that focuses on investing in companies with recurring revenue business models, which AMI defines as having products and services that are utilized within a two-year period of time. The equity strategies look to keep pace with their benchmarks in bull markets and are designed to protect capital in down cycles. Additionally, a separate fixed income team manages core taxable, tax-exempt and high yield strategies on behalf of institutions and high net-worth clients.
A Strategic Update, With Stocks Near All-Time High And Crises Unfolding
Stock prices, as measured by the Standard & Poor’s 500 index, closed a fraction lower than their all-time-record high of January 3, 2022, and are not cheap by historical price/earnings valuations.