Equities Fixed Income Hedge Funds Private Equity and Real Estate Sustainable Investing

Equities

We follow a philosophy that low-turnover, concentrated portfolios derived from sound bottom-up fundamental research provide an opportunity for attractive performance results over time. We have a culture and firm equity ownership structure that help us attract and retain professionals who share those beliefs, and we follow a repeatable investment process that helps us stay true to our philosophy.

We construct balanced portfolios for private clients, nonprofits and institutions depending on the needs of the client. We can be 100% open architecture, using third-party managers only, or we can put together a mix of internal and external strategies, whatever is in the client's best interest.

Fixed Income

We follow a philosophy that fixed income strategies built from a foundation of stability coupled with fundamental credit research can seek to generate alpha and control risk. We have a culture and firm equity ownership structure that attract and retain professionals who share those beliefs, and we follow a repeatable investment process that helps us stay true to our philosophy.

We construct balanced portfolios for private clients, nonprofits and institutions depending on the needs of the client. We can be 100% open architecture, using third-party managers only, or we can put together a mix of internal and external strategies, whatever is in the client's best interest. Meet the Investment Solutions Group.

Hedge Funds

Hedge Funds

The Investment Solutions Group is an investment-management team within Brown Advisory that specializes in asset allocation, manager selection, hedge funds and other alternative investment strategies. Dedicated to open-architecture solutions, our team has established a strong track record of identifying high-quality, third-party investment managers across the hedge fund, long-only and private equity universes. We leverage this expertise to help clients assemble portfolios that we believe best fit their needs and goals, offering clients a range of solutions from complete portfolio management to fulfillment of specific hedge-fund and alternative-asset mandates.

Founded in June 2002, the Investment Solutions Group now manages in excess of $3.4 billion for clients (data as of January 31, 2017) in a combination of managed accounts, advisory relationships and fund-of-fund offerings.

Private Equity and Real Estate

Private Equity and Real Estate

Brown Advisory has incorporated private equity and real estate investments in client portfolios since our founding. Today, we can provide that exposure in three distinct ways.

Feeder Funds and Multimanager Funds
We introduce clients to investment opportunities in early- and late-stage venture capital and buyout funds, as well as select real estate funds. We also construct these feeder funds into multimanager funds through our Private Equity Partners (PEP) and Real Estate Partners (REP) vehicles to make private equity investing as easy as possible for our clients.

Customized Private Equity Portfolios
For most clients, private equity is one component of a balanced portfolio that we manage. Other clients, however, come to us specifically for custom-built private equity and real estate portfolios.

For more information on private equity please click here or contact Jacob Hodes at 410-537-5315 or [email protected].

Sustainable Investing

Sustainable Investing Strategies

  • Multi-Manager Strategies
  • For clients seeking an open-architecture solution, we have access to several of the premier sustainable managers in the industry - all vetted by internal research.
  • Private Equity
  • Our private equity team is focused on evaluating the growing universe of private impact investments to identify standout opportunities that target various issues of particular concern to our clients. To date, we have placed assets in investments targeting a variety of impact themes such as community impact, microfinance, education technology, sustainable real estate, water initiatives and others.*
  • *Many alternative investments by regulation may only be sold to Accredited Investors (institutions with at least $5 million in assets) or Qualified Purchasers (institutions with at least $25 million in investments).

Customized Portfolios

This diverse assortment of solutions will meet many clients’ sustainability objectives; however, we understand the continued evolution of this space and seek to be able to react quickly to client needs.

For clients with unique missions, value-aligned investing programs, or who simply wish to ensure that they do not own certain controversial companies or have access to certain industries, we offer the following customized options:

Additional Screening: To the extent we have reliable data and can build rules into our compliance systems, we can add specific screens to a separate account to restrict companies (e.g. oil and gas providers) or industries (e.g. tobacco or weaponry).

Customized and Thematic Portfolios: Within a separate account, we can work together to solve for a sustainability need. From a universe of securities researched from both the bottom-up and for their ESG profile, we can assemble a custom portfolio of securities designed to meet many specific sustainable goals or outcomes.

U.S. FLEXIBLE EQUITY UCITS FUND

We believe that a portfolio of companies with attractive business economics, shareholder-oriented managements and the potential for future growth, purchased at bargain prices, can outperform the S&P 500 Index with less risk over the long term.

 

Inside the Strategy

  • We believe that having the flexibility and mindset to look across the broad spectrum of investment opportunities allows us to invest in compelling, well-understood businesses with shareholder-oriented managers and a margin of safety. We look for moments when the market serves up opportunities to purchase these companies at bargain prices, which is often due to short-term investor perceptions, temporary business difficulties that will improve, or as-yet undiscovered opportunities and unrecognized changes for the better, in our view.
  • Our core portfolio of high-quality businesses is managed with an emphasis on maintaining a margin of safety. We believe that this approach can deliver a consistent and long-term record of beating the equity market, as measured by the S&P 500 Index.
  • Our strategy is based on a unique firm culture and philosophy, which support a shared belief that low-turnover, concentrated portfolios derived from sound fundamental research can generate attractive outperformance.

UCITS Fund Facts

  • Number of holdings: 35-50
  • Market-cap range: >$2 billion
  • Benchmark: S&P 500
  • Inception Date: 7 March 2014
  • Dealing: Daily
  • Cut-off time: 3.00pm Irish time
  • Settlement: T+3
  • Portfolio Manager: R. Hutchings Vernon, CFA

UCITS Fund Documents

Separately Managed Accounts

Please contact Keryn Brock for more information.
Tel: +44 (0)20 3301 8136
Email: [email protected]

R. Hutchings Vernon Portfolio Manager

Hutch Vernon, CFA, is the portfolio manager for the Flexible Equity strategy. Prior to joining the firm, he was the chief investment officer and portfolio manager for Alex. Brown Investment Management. Hutch also held a portfolio manager and research analyst position with T. Rowe Price Associates, Legg Mason and Wachovia Bank.

Education

  • The University of Virginia (Phi Beta Kappa), BA (1982)

Community Involvement

  • Board Member, KIPP Baltimore

Daily Funds Nav

Price Date: 22-Sep-17


Share Class ISIN Curr. Nav
BUSIE00BJ357R08USD13.37
CUSIE00BJ357S15USD13.68
BGHIE00BJ357W50GBP13.41
AUSIE00BJ357Q90USD11.61
BGDIE00BYPJ0K93GBP10.74
BEDIE00BYT42935EUR10.05
AGDIE00BYT42711GBP10.40
BGZIE00BYPJ0M18GBP11.22
CGDIE00BYPJ0L01GBP10.48
MGDIE00BYT42828GBP10.52
BUDIE00BYT42489USD11.27
MUDIE00BYT42604USD11.34
AUDIE00BYT42372USD11.20
CUDIE00BYT42596USD11.29

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