Chairman And Chief Investment Officer
CurrentPortfolio Manager and Chief StrategistBarometer Capital Management manages pooled and seperately managed portfolios for families, foundations and endowment funds.Barometer acknowledges the difference between strategic and tactical investment mandates. It’s more than semantics. Tactical management means altering asset class and sector weightings based on changing market conditions. This is opposed to the adoption of static long-term asset mix policies then rebalancing periodically to stay within preset guidelines. “Fully Invested” or “Buy & Hold” strategies can lead to large losses in extended bear markets. When there is clear market leadership, Barometer will actively overweight sectors or themes to generate return. In the absence of clear market leadership or, during periods of market volatility, the investment team will make tactical use of cash and short term deposits to limit downside risk.
