INTECH Celebrates 25-year Anniversary, Generating Alpha, Managing Risk

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• Publié par: intech-cjp-communications
• Nombre de lectures: 17
• Langue: English

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INTECH Celebrates 25-year Anniversary,

Generating Alpha, Managing Risk

PR Newswire

LONDON and WEST PALM BEACH, Florida, June 28, 2012

LONDON

and

WEST PALM BEACH, Florida

,

June 28, 2012

/PRNewswire/ --

INTECH Investment Management LLC (INTECH), a global institutional

investment management firm, today announced it has reached the 25-year

mark, celebrating a quarter-century of pursuing alpha while managing risk.

"In commemorating this significant milestone in INTECH's history, we want to

express our appreciation for the partnership we have with our clients and their

consultants and the trust they have placed in us," said Jennifer Young, CFA,

Chairman and Chief Executive Officer of INTECH.

INTECH serves its institutional clients through an investment process, based on

a mathematical theorem that attempts to capitalize on the random nature of

stock-price movements. The theorem was discovered by INTECH founder Dr.

Robert Fernholz and published in the paper, "Stochastic Portfolio Theory and

Stock Market Equilibrium" in

The Journal of Finance

in 1982. "The goal of

INTECH's investment process is to achieve long-term returns that outperform

the benchmark index, while managing risk and trading costs," said Dr. Adrian

Banner, INTECH's Chief Investment Officer.

On a practical level, Stochastic Portfolio Theory was first applied at INTECH

when the firm launched its flagship strategy, U.S. Enhanced Plus, on

July 1,

1987

. INTECH uses stock-market volatility as an alpha source, while embedded

risk controls in its process are designed to help protect its portfolios on the

downside through many different market cycles. "That is the real value we

provide to our clients. We offer a consistent and repeatable risk-managed

investment process, which, over time, is able to generate alpha," noted Ms.

Young.

Evidence that INTECH's investment process is able to achieve this result can be

found by looking at the performance of U.S. Enhanced Plus since its inception.

The strategy has realized positive relative returns based on all 299 possible

monthly inception dates through

May 31, 2012

(298, net of fees). Since its

inception, the strategy has provided an annualized excess return of 1.50%

above its benchmark, the S&P 500 Index, gross of fees (1.05% net of fees) as of

May 31, 2012

.*

Because all of INTECH's strategies are built on the same "alpha engine," during

the past 25 years, INTECH has been able to extend the application of its

mathematically driven investment process to include various investment

universes (core, growth, value and high yield); geographies (global, EAFE,

eurozone) and strategic objectives (relative return and absolute return).

INTECH's investment process can also be applied with varying levels of

aggressiveness.

About INTECH

For 25 years, global institutional investment manager INTECH has been

generating alpha by utilizing stock-price volatility as a source of reward while

attempting to limit risk and trading costs. INTECH manages equity portfolios

using a mathematical and scientific approach for clients including some of the

world's largest corporate pension funds, public pension funds, foundations and

endowments, sovereign wealth funds, Taft-Hartley and other institutional

investors. The company's global headquarters is located in

West Palm Beach,

Florida

, with its research office in

Princeton, New Jersey

, and international

division in

London, England

. As of

March 31, 2012

, INTECH had approximately

$42.7 billion

under management and 79 employees worldwide. INTECH is an

independently managed subsidiary of Janus Capital Group Inc. (NYSE: JNS),

based in

Denver

.

About Janus Capital Group Inc.

Janus Capital Group Inc. (JCG) is a global investment firm offering strategies

from three individual investment boutiques: Janus Capital Management LLC

(Janus), INTECH Investment Management LLC (INTECH) and Perkins Investment

Management LLC (Perkins). Each manager employs a research-intensive

approach that is distinct within its respective asset class. This multi-boutique

approach enables the firm to provide style-specific expertise across an array of

strategies, including growth, value and risk-managed equities, fixed income and

alternatives through one common distribution platform. As of

March 31, 2012

,

JCG managed

$164.0 billion

in assets for shareholders, clients and institutions

around the globe. Based in

Denver

, JCG also has offices in

London

,

Milan

,

Munich

,

Paris

,

The Hague

,

Zurich

,

Singapore

,

Hong Kong

,

Tokyo

and

Melbourne

.

Issued in

Europe

by Janus Capital International Limited, authorised and

regulated by the Financial Services Authority.

Issued in: (a) Taiwan R.O.C by Janus Capital International Limited, authorised

and regulated by the Financial Services Authority of the

United Kingdom

; (b)

Hong Kong

by Janus Capital Asia Limited, licensed and regulated by the

Securities and Futures Commission of

Hong Kong

.

In

Taiwan

R.O.C and the PRC, only available to select targeted institutional

investors.

This document does not constitute investment advice or an offer to sell, buy or

a recommendation for securities, other than pursuant to an agreement in

compliance with applicable laws, rules and regulations. Janus Capital Group

and its subsidiaries are not responsible for any unlawful distribution of this

document to any third parties, in whole or in part, or for information

reconstructed from this presentation and do not guarantee that the information

supplied is accurate, complete, or timely, or make any warranties with regards

to the results obtained from its use. As with all investments, there are inherent

risks that each individual should address.

The distribution of this document or the information contained in it may be

restricted by law and may not be used in any jurisdiction or any circumstances

in which its use would be unlawful. Should the intermediary wish to pass on this

document or the information contained in it to any third party, it is the

responsibility of the intermediary to investigate the extent to which this is

permissible under relevant law, and to comply with all such law.

* Past performance is not a guarantee of future results. There is no assurance

that the investment process will consistently lead to successful investing. The

opinions are those of the authors are subject to change at any time due to

changes in market or economic conditions. The comments should not be

construed as a recommendation of individual holdings or market sectors, but as

an illustration of broader themes. Janus is not responsible for any distribution of

this document to any third parties in whole or in part or for information

reconstructed from this presentation.

Janus Capital Management, INTECH Investment Management LLC & Perkins

Investment Management LLC will act as sub-adviser to Janus Capital

International.

For Institutional use and wholesale client Only. Not for public viewing or

distribution.

KB-0612(28)0912 EAM Inst

Contact:

Kate McGann, CJP Communications: [phone], ext. 249