-
Featured News
295 Results-
![Angeles Investment Advisors Admits New Member]()
27 Jan, 2016Angeles Investment Advisors Admits New Member
Angeles Investment Advisors announced today that Aaron Azelton, Gina Cadei and Susan Yun Lee have been admitted as new members of the company. Angeles is now wholly owned by eleven employees.
-
![BAIRD REAPING BIG GAINS FROM FALLOUT AT PIMCO]()
11 Jan, 2016BAIRD REAPING BIG GAINS FROM FALLOUT AT PIMCO
Mr. Rosen said the Baird approach had produced strong investment results, despite avoiding macro bets. "Using a baseball term, do you swing for the fences or do you hit bunt singles .. If you can do enough of those bunt singles, it adds up".
-
![CONSULTING FIRMS ANSWER ASSET OWNER CALLS FOR ACCOUNTABILITY]()
30 Nov, 2015CONSULTING FIRMS ANSWER ASSET OWNER CALLS FOR ACCOUNTABILITY
Michael Rosen said in a phone interview: "Since the crisis, the advice and analysis of consultants is more greatly valued. But at the same time, (we're) more likely to be held accountable for that advice."
-
![UNNERVED INVESTORS PULL SHUTTERS AS CAPITAL-MARKET CRACKS SPREAD]()
15 Oct, 2015UNNERVED INVESTORS PULL SHUTTERS AS CAPITAL-MARKET CRACKS SPREAD
Ghana, which sold $1 billion in debt this month at 10.75 percent, is an example of a borrower that has been forced to offer a higher yield, according to Rosen. "Poor-quality borrowers, which they apparently are, have to pay up," Rosen said.
-
![PENSION FUND CALSTRS WEIGHS SHIFT TO SAFETY]()
2 Sep, 2015PENSION FUND CALSTRS WEIGHS SHIFT TO SAFETY
Michael Rosen said that to contemplate such a move, investors need to understand their goal and then execute the strategy in a "systematic and disciplined" way.
-
![OUTSOURCING HERE TO STAY BUT WILL CONTINUE TO EVOLVE]()
27 Jul, 2015OUTSOURCING HERE TO STAY BUT WILL CONTINUE TO EVOLVE
"It's unlike a lot of investment ideas that are really nothing more than fads; the OCIO concept is rooted in a good idea,"" Mr. Rosen added. "It's an approach that solves a number of challenges in a more efficient way."
-
![CAPITAL GROUP CHAIRMAN JAMES ROTHENBERG DIES AT 69 OF HEART ATTACK]()
22 Jul, 2015CAPITAL GROUP CHAIRMAN JAMES ROTHENBERG DIES AT 69 OF HEART ATTACK
"He was one of the giants in the investment management world and was part of building Capital Group into one of the premier investment organizations,"" Michael Rosen, CIO of Angeles Advisors.
-
![TOWERS WATSON, WILLIS MERGER TO COMBINE STRENGTHS]()
13 Jul, 2015TOWERS WATSON, WILLIS MERGER TO COMBINE STRENGTHS
"Towers Watson has the stronger investment consulting presence, and I would expect that group to lead the new group effort," Mr. Rosen said.
-
![MANAGERS ADD CONSULTING TO GROW CLIENT RELATIONSHIPS]()
29 Jun, 2015MANAGERS ADD CONSULTING TO GROW CLIENT RELATIONSHIPS
"I've run into money managers and my peers have as well. The argument is mostly about fees," Mr. Rosen said. "So prospective clients say "I can get all my consulting for free and I have to pay you and so I will go with them because they are cheaper.'
-
![WAMCO WORKING TO REGAIN STATUS WITH INSTITUTIONS]()
29 Jun, 2015WAMCO WORKING TO REGAIN STATUS WITH INSTITUTIONS
Michael Rosen said it's not surprising that WAMCO suffered severely during the financial crisis, given its orientation toward riskier assets. "Downside protection has not been a key part of their strategy,"
-
![CALPERS LIKELY TO FALL SHORT OF ANNUAL INVESTMENT GOALS]()
25 Jun, 2015CALPERS LIKELY TO FALL SHORT OF ANNUAL INVESTMENT GOALS
Michael Rosen, a principal at Angeles Investment Advisors, which counsels institutional investors, said the year-to-date performance was "not outside the bounds of what might be reasonable."
-
![CLIENTS VIEW MONEY MANAGERS APART FROM TAINTED PARENTS]()
15 Jun, 2015CLIENTS VIEW MONEY MANAGERS APART FROM TAINTED PARENTS
"To my knowledge, there's no evidence of wrongdoing within the asset management groups. So there's logic to separating the asset manager from the rest of the organization," Mr. Rosen said. "But it's not completely apart. There is a connection."
-
![SOUTHLAND BOND TRADERS HAD PREPARED FOR SCENARIOS FROM GREEK DEBT CRISIS]()
7 Jun, 2015SOUTHLAND BOND TRADERS HAD PREPARED FOR SCENARIOS FROM GREEK DEBT CRISIS
Michael Rosen said MetWest benefited from its size and consistency in attracting cautious bond investors, which often move herd-like to a few firms. "It's not only a good choice, it's a safe choice, and in that sense, it makes it an easy choice,"
-
![FIVE YEARS IN, JANUS CEO RICHARD WEIL BEATS THE ODDS BUT HAS MORE WORK TO DO]()
1 Jun, 2015FIVE YEARS IN, JANUS CEO RICHARD WEIL BEATS THE ODDS BUT HAS MORE WORK TO DO
But consultant Michael Rosen, founder and CIO of Angeles Investment Advisors, believes institutional money could flow to Mr. Gross sooner than the usual three-year track record if he can adequately articulate his investment process to investors
-
![MONEY MANAGER ASSETS INCREASE THANKS TO RISING MARKETS]()
8 May, 2015MONEY MANAGER ASSETS INCREASE THANKS TO RISING MARKETS
Vanguard benefited in 2014 from its leadership as a low-fee index fund manager, said Michael Rosen, founder and CIO at Angeles Investment Advisors LLC, Santa Monica, CA.
-
![O'HANLEY HAS WORK CUT OUT FOR HIM AT STATE STREET GLOBAL ADVISORS]()
10 Apr, 2015O'HANLEY HAS WORK CUT OUT FOR HIM AT STATE STREET GLOBAL ADVISORS
Michael Rosen, CIO of Angeles Advisors agreed, describing Mr. O'Hanley as "a highly qualified leader" who is "very experienced and very knowledgeable in the money management world."
-
![O'HANLEY READY TO TAKE ON ÃËFORMIDABLE' COMPETITION]()
6 Apr, 2015O'HANLEY READY TO TAKE ON ÃËFORMIDABLE' COMPETITION
Michael Rosen, of Santa Monica, Calif.-based investment consultant Angeles Investment Advisors LLC, agreed, describing Mr. O'Hanley as "a highly qualified leader" who is "very experienced and very knowledgeable in the money management world."
-
![Angeles Investment Advisors Admits New Member]()
15 Mar, 2015Angeles Investment Advisors Admits New Member
Angeles Investment Advisors announced today that Michael J. Burlon was admitted as a new member of the company. Angeles is now wholly owned by eight employees.
-
![TED ELIOPOULOS: CALPERS' $300-BILLION MAN]()
8 Feb, 2015TED ELIOPOULOS: CALPERS' $300-BILLION MAN
"It's perfectly possible to be a very effective leader even if you don't have all the experience in the weeds," said Michael Rosen, a principal at Angeles Investment Advisors, which advises institutional investors.
-
![PIMCO FUND HAD $11.6 BILLION OF WITHDRAWALS IN JANUARY]()
3 Feb, 2015PIMCO FUND HAD $11.6 BILLION OF WITHDRAWALS IN JANUARY
At this point, most people who've decided to exit have exited," Michael Rosen. "I think that's probably right unless performance starts deteriorating and then the floodgates will open again."
-
![FOR VANGUARD, THESE ARE THE BEST OF TIMES]()
26 Jan, 2015FOR VANGUARD, THESE ARE THE BEST OF TIMES
Others agree. "The trend toward passive investing is something (Vanguard founder) John Bogle really believed in," said Michael Rosen, a principal of Santa Monica, Calif.-based investment consultant Angeles Investment Advisors LLC.
-
![VANGUARD'S FUNDS REACH NEW HEIGHTS]()
26 Jan, 2015VANGUARD'S FUNDS REACH NEW HEIGHTS
Although Mr. Rosen said he still believes in active management à "it just requires the right mix of resources, experience, organization and judgment to identify superior managers"
-
![WHY HIGH-YIELD DEBT SELLOFF ISN'T 2007 ALL OVER AGAIN. OR IS IT?]()
15 Jan, 2015WHY HIGH-YIELD DEBT SELLOFF ISN'T 2007 ALL OVER AGAIN. OR IS IT?
Just as many underestimated the effect defaulting subprime mortgages would have on financial markets in 2008, investors pulling money from high-yield mutual funds could spread liquidity problems to more fundamentally sound parts of financial system.
-
![IN VANGUARD'S SHADOW, SMALL FIRM SCORES TWEAKING INDEXES]()
13 Jan, 2015IN VANGUARD'S SHADOW, SMALL FIRM SCORES TWEAKING INDEXES
"Educated advisers are more likely to prevent their clients from making radical changes when markets drop," said Rosen. "The fact that those assets are sticky will add value for the investors."
-
