-
Insights from our CIO
-
Insights from our CIO
-
-
CIO Insights are written by Angeles' CIO Michael Rosen
Michael has more than 35 years experience as an institutional portfolio manager, investment strategist, trader and academic.
RSS: CIO Blog | All Media
-
27 Jan, 2014
PIMCO BEATS 99% OF PEERS WITH IVASCYN AS MARKET BEAST: MORTGAGES
"It has been pretty clear for a while that Dan is part of the next generation of leadership at Pimco," said Michael Rosen, CIO at Angeles Investment Advisors LLC, a Santa Monica, California-based consultant to institutions. "He has done well and...
-
24 Jan, 2014
PIMCO'S PROBLEM: WHO CAN SUCCEED THE 'BOND KING'?
Michael Rosen, chief investment officer at Angeles Investment Advisors said, "but whether he can continue to do that while he's taking on increased responsibilities of being a deputy chief investment officer remains to be seen."
-
1 Jan, 2014
4TH QUARTER 2013 - WEED
Gardening goes back a long time in human history. Eden, after all, was a garden. The Hanging Gardens of Babylon, thought to exist about 2,600 years ago, were one of the seven Wonders of the Ancient World.3 There are depictions of gardens a thousand..
-
30 Dec, 2013
PAULSON FUNDS BENEFIT FROM SHIFT TO STOCKS
"Following a couple of years of very strong returns in the credit space, we had a sense in the beginning of the year that had largely played out," said Michael Rosen, CIO for Angeles Investment Advisors LLC, a Santa Monica, Calif.-based consultant...
-
4 Dec, 2013
Advisor Confidence Index November 2013
Fed Tapering turns on the Shot Clock. Capitalists will need to take their shot or lose the opportunity to score, said Jonathan Foster, President & CEO, Angeles Wealth Management in Santa Monica.
-
2 Oct, 2013
Advisor Confidence Index September 2013
"Corporations and investor crave normalcy. Once the economy starts breathing on its own again, both corporate and investor cash will return to the economy, boosting growth and the stock market," says Jon Foster, President & CEO Angeles Wealth.
-
1 Oct, 2013
Angeles Wealth Management - Quarterly Review
For the quarter ending September 30, 2013, global equities gained 8.3%, and appreciated an impressive 15.2% year-to-date. Global stocks outperformed US stocks in Q3, with the S&P 500 advancing only 5.2%.
-
1 Oct, 2013
3RD QUARTER 2013 - ELEKTRON
Fossilized tree resin has been valued by humans since antiquity. Its essence was used in perfume (still is), and its translucent beauty evokes captured sunlight, prized as jewelry, then and now. The ancient Greeks called this substance, elektron...
-
1 Aug, 2013
Advisor Confidence Index July 2013
Jonathan Foster, president and CEO of Angeles Wealth Management, agrees. With Bernanke's Taper Talk, the market heard Sell Bonds, but I heard Buy Stocks. The Fed will taper because they see signs of sustainable economic progress. They see...
-
1 Jul, 2013
Angeles Wealth Management - Quarterly Review
For the quarter ending June 30, 2013, global equities, as measured by the All Country WorldrnIndex Investable Market Index (MSCI/ACWI/IMI) fell .5%, but remain positive on the year, up 6.4%. US stocks continued to lead major markets in the recovery...
-
1 Jul, 2013
2ND QUARTER 2013 - BLUE
O pium poppies have been cultivated by humans for over 5,000 years. But its chemistry wasnt understood until the early 19th century when the German chemist, Friedrich SertÃrner, isolated the two alkaloids that provide its potency. One he named...
-
24 Jun, 2013
INSTITUTIONS ARE BIT PLAYERS IN THE DOUBLELINE STORY
Michael Rosen, principal and CIO of investment consultant Angeles Investment Advisors LLC, Los Angeles, said any issues from the trial have been resolved in his mind. "I think Mr. Gundlach is a genius; he has demonstrated that he is one of...
-
1 Jun, 2013
Advisor Confidence Index May 2013
This head-scratching rally is no longer a mystery, said Jonathan Foster of Angeles Wealth Management. The Federal deficit is vaporizing, and even California is now projecting a 2014 surplus. This is still the rally everyone loves to hate..."
-
15 May, 2013
Angeles Wealth Management - Quarterly Review
Global equities, as measured by the All Country World Index/Investable Market Index (MSCIrnACWI IMI) advanced 6.9% in the first quarter of 2013. US stocks, represented by the S&P 500rnIndex, rallied 10.6%, besting the World Index.
-
15 May, 2013
Angeles Investment Advisors Hires Consultant
Angeles Investment Advisors, LLC announced today the hiring of Susan Yun Lee as Private Markets Consultant.
-
1 Apr, 2013
1ST QUARTER 2013 - GRAVELINES
Elizabethan England was an era of plots and intrigue, chivalrous knights and swashbuckling pirates. The many domestic conspiracies and foreign wars of the 16th century were nominally about religion, but were, of course, really about power...
-
1 Jan, 2013
4TH QUARTER 2012 - PLAY WELL
Filskov is a small, rural village in the geographic center of Denmark. For generations, sons followed their fathers into the family farm or craft, and in Filskov, the Christiansens were the towns carpenters for as long as anyone could remember.
-
1 Dec, 2012
Angeles Wealth Management - Quarterly Review
US stocks, as measured by the S&P 500 Index, fell .4% in the final quarter of the year as Washington remained paralyzed, teetering on the edge of the fiscal cliff. Without Congressional action, more than $600 billion in tax increases and huge...
-
1 Oct, 2012
Angeles Wealth Management - Quarterly Review
There can be several interpretations of the above lyrics and their relevance (or lack thereof) to the current world economic conditions. My interpretation is that the European Central Bank and the US Federal Reserve continue to tell us that they...
-
1 Oct, 2012
3RD QUARTER 2013 - RECOMBINANT
Aretaeus was the most renowned physician of the ancient world, following in the path of Hippocrates, who lived 400 years earlier. Aretaeus treatise on diseases, which survives to this day, is a remarkably comprehensive catalog of known diseases...
-
19 Jul, 2012
Angeles Investment Advisors Hires Manager Research Professional
Angeles Investment Advisors, LLC announced today the hiring of Aaron Azelton as Manager Research Consultant.
-
1 Jul, 2012
Angeles Wealth Management - Quarterly Review
For the second quarter of 2012, world markets remained imprisoned by the ongoing saga of the European debt crisis. Concerns about the fiscal stability of the PIIGS (Portugal, Italy, Ireland, Greece and Spain) continued to cast a dark shadow over...
-
1 Jul, 2012
2ND QUARTER 2012 - BLUE
Richard Wagner wrote his monumental work, Der Ring des Nibelungen, over a 26-year period, 1848-1874. The Ring cycle consists of four operas, usually performed over four consecutive nights. Everything about the Ring is colossal, from...
-
8 May, 2012
Umbrella Policies Fill In Some Gaps
The thing I find most interesting about this is that it doesnt matter whose fault it is, said Jonathan R. Foster, chief executive of Angeles Wealth Management in Santa Monica, Calif. If someone dies in a car accident and its your fault..."
-