JAG Capital Management signs UN-supported Principles for Responsible Investment
[St. Louis] As part of its ongoing effort to foster sustainable investing, JAG Capital Management is pleased to announce that it has signed the United Nations-supported Principles for Responsible Investment (PRI). Recognized as the world’s leading proponent of responsible investment, the PRI is a global network of asset managers, owners and service providers working together […]
1st Quarter 2017: Attitude Adjustment
Stocks got off to a strong start during the first quarter of 2017, albeit with a new cohort of leaders. As a reminder, cyclical stocks were the best performers during last year’s fourth quarter. Following the astonishing-to-most outcome of the Presidential election, capital rushed into the shares of companies which were perceived to be the […]
4th Quarter 2016: The Bonfire of Consensus
What a year we had in 2016! As a group, experts and prognosticators across the political and investing realms have never been so spectacularly wrong about so many things. Here is just a short list of some of the more confounding events of last year: U.S. stocks delivered flattish returns in 2015, and began 2016 […]
Ethical Eating as a Guide for Ethical Investing
Consumption that also promotes a social good has risen in popularity in recent years. In some industries, a clear conception of ethical business behavior has developed. For example, a pretty firm consensus has arisen of what ethical eating looks like. Utilization of free-range animals along with GMO and chemical free crops, often locally sourced, would […]
ETFs Are Socially Irresponsible
ETF managers tout their low fees, but what if those low fees are justified? Instead of being a feature, what if low fees are an accurate representation of the value provided by the product? Consumers make value judgments all of the time, paying more for healthy foods than unhealthy foods or paying more for electric […]
3rd Quarter 2016: Perspective is Everything
One of the most frustrating but central tenets of investing is that successfully predicting the short-term future path of the stock market (i.e. market timing) is essentially impossible. Indeed, to paraphrase Ken Fisher, price movements seem almost predestined to embarrass and confuse as many people as possible. This year’s particularly confounding stock market action is […]
In Defense of Momentum Investing
This article originally appeared April 12, 2018 in The Wall Street Journal, written by Norm Conley, JAG’s CEO and CIO. If you aren’t a practitioner of momentum investing, you might fall prey to the common misconception that it’s a de facto term for risky or aggressive. That’s far from the case. In fact, as part […]
The Case for Momentum Investing: Building Better Portfolios
What Sir Isaac Newton Didn’t Realize About Investing Investment management was probably the last thing Sir Isaac Newton had in mind when he postulated that “an object in motion tends to stay in motion.” But his basic principle of classical physics offers some insightful lessons when it comes to successfully navigating today’s capital markets. In […]
The Wall Street Transcript: An Interview with Norm Conley
Tell us about JAG Capital Management. Our firm’s roots go back to 1945. Our parent company was founded as a broker/dealer, and for many years we operated as a dually registered firm. In May of 2013, we concluded a corporate reorganization that separated our brokerage and advisory operations into two separate legal entities. Our investment […]