SOURCE: Rogerscasey, Inc.

Rogerscasey, Inc.

December 15, 2010 00:01 ET

Rogerscasey Announces Three Year Track Record for MasterManager(SM) Outsourced Investment Portfolios

DARIEN, CT--(Marketwire - December 15, 2010) -   Darien, CT-based Rogerscasey, Inc. is pleased to announce that its MasterManager(SM) outsourced investment portfolios reached their three year track record on November 30, 2010 with $3.0 billion in assets under management. The MasterManager program is comprised of a series of 22 institutional investment portfolios that span the U.S. Equity, Non-U.S. Equity, and Fixed Income investment styles and are managed by Rogerscasey, Inc.'s Outsourced Solutions Group. Of the 14 funds that reached their three year track record, 10 have outperformed their benchmark before fees. Of the remaining eight funds, four are passive and four were launched over the last two years, of which three are outperforming since inception.

According to Timothy Barron, President and CEO of Rogerscasey, "Outsourcing is a very important initiative within our firm. We designed the MasterManager program to capture our firm's best ideas and to allow our clients to achieve a level of diversification and lower fees than they could achieve independently as well as to level the playing field and improve returns. This is especially important for small and mid-sized institutional investors, who face challenges when it comes to fees and account minimums. Importantly, we wanted to build a scalable solution that was also transparent and free of conflicts. While the absolute return environment has been challenging since our launch, we are proud of our relative results versus both benchmarks and peers and are optimistic about our ability to outperform going forward."

The MasterManager program was designed to capture Rogerscasey's best research and investment ideas with regard to asset allocation and manager selection and to provide implementation solutions and streamlined decision making for clients that want to outsource part or all of their investment programs. As such, the Outsourced Solutions Group works closely with the firm's dedicated 25-person manager research team to construct these portfolios, which are also referred to as building blocks. The building blocks are based on the niche areas of the market where Rogerscasey believes investment managers have a competitive advantage and can generate excess returns; the building blocks in turn can be combined to provide asset class exposure. According to John Nawrocki, Managing Director and Head of the Outsourced Solutions Group, "A key feature of the program is the ability to customize the building blocks such that some or all of them may be utilized to implement a desired investment structure or simply to manage fees. In response to some of the shortcomings and conflicts of interest in the outsourcing industry, we sought to design a fully transparent program whereby Rogerscasey does not earn fees within the funds. We negotiate favorable terms with our sub-advisors that are based on the pooled portfolio so that all of our clients benefit from scale."

Specifically, the Outsourced Solutions Group has discretion to select investment managers that are highly rated by Rogerscasey's research group. As a fiduciary, the team conducts its own quantitative and qualitative evaluation to validate the findings of the research team and to identify the most appropriate investment manager for the building blocks and the overall program. The team is also able to replace managers quickly when they are downgraded by Rogerscasey's research, or there is a higher conviction strategy for the fund. According to the MasterManager program's Portfolio Manager and Chief Investment Officer Greg Moore, CFA, "Investment manager turnover has been and is expected to be low and all of our sub-advisors continue to be highly rated by our research group. We spend the majority of our time monitoring the portfolios on a daily, monthly, and quarterly basis to ensure that positioning is consistent with our expectations and that they are complementing each other as planned. Furthermore, we seek to implement the firm's best ideas as they evolve over time. For example, we recently restructured our emerging market debt portfolio to significantly increase our weight in local currency denominated securities; we are also in the process of launching long duration fixed income, global REITs, and commodities portfolios."

For more information about the MasterManager program, please contact Robert Zeidman, Director of Business Development at Rogerscasey at 203-656-6731.

This press release does not constitute an offer or solicitation of any transaction in any securities referred to herein. Past performance may not be indicative of future results.

About Rogerscasey

Rogerscasey is a global investment solutions firm serving institutional asset owners and financial services firms for over 40 years. With clients worldwide, the firm provides a full array of services ranging from investment advisory to implemented solutions, all supported by a deep commitment to fundamental and strategic research. The Rogerscasey team of leading industry experts helps clients stay ahead of economic trends, delivering insight toward achieving maximum results. Learn more at www.rogerscasey.com.

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