Christina Brown

I look forward to participating in a roundtable discussion at the upcoming Fixed Income Leaders Summit in Boston. This exclusive buy-side workshop will explore the evolution of fixed-income outsourced trading and why the hybrid trading model is gaining traction. Moderated by Dan Barnes of Market Media and alongside Bobby Croswell of Marex Capital Markets, we will discuss why fixed income outsourced trading is particularly well-suited to this approach, how asset managers can benefit, how the model works and how to leverage it for maximum benefit. Learn more about Marex Outsourced Trading solutions: https://lnkd.in/eRiVu6iW Worldwide Business Research (WBR) The DESK #FixedIncome #Trading #Buyside #CapitalMarkets #OutsourcedTrading

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As the bull market in U.S. equities continues, we have witnessed in parallel an extraordinary time in the fixed income markets, with historically low credit spreads. But what does today's environment mean for active fixed income performance? My latest blog breaks down the traditional sources of fixed income excess returns and the challenges of long-term outperformance. To find out which way the winds may be blowing for bond managers, read more here: S&P Dow Jones Indices #indices #iboxx #SPIVA

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This past March, I conducted a detailed analysis of Electronic Arts (EA) for the Fordham Gabelli School of Business Student Managed Investment Fund, leading to a buy recommendation. My analysis highlighted: Strategic Growth: A significant shift towards mobile gaming and expansion in Live Services, contributing to approximately 70% of EA’s revenue. Financial Strength: Robust market capitalization of $38.764 billion and a strong free cash flow of $2.16 billion. Global Reach: Approximately 60% of EA’s revenue stems from international markets, underscoring its extensive global footprint. Check out the attached report to learn more about my motive for issuing this recommendation. #FordhamSMIF #ElectronicArts #Finance #InvestmentStrategy #EquityResearch

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An active #HurricaneHelene and an active #ClimateWeek in #NYC -- it's never quiet or dull. Should schedules allow, join my colleague, Dr. Firas Saleh, Ph.D at Pace University - Lubin School of Business. A Panel discussion on #climaterisk and the #insurance industry and how #riskmodeling expands opportunities and #resiliency! More below...

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Proud to share that I've been selected for Institutional Investor's Next Generation award. I have to thank the wonderful platform at Montgomery County for giving me the opportunity to drive significant change. Over the past 2 years, it became clear there was a substantial opportunity and problem in the market – infrastructure funds are prolific co-investors, yet generally, only large and sophisticated plans have processes in place to access that deal flow. In 2023, my goal was to develop a solution. Using the feedback from meeting with dozens of co-investing LPs, GPs, and consultants, I drafted a co-investment process. The team and peers helped revise it many times over until we came to a thorough, detailed process spelling out A to Z how we would execute on co-investment opportunities. After that, I hosted a co-investment panel consisting of LPs/GPs and our consultant, Albourne, at our board retreat to further educate our board about co-investments, specifically within the real asset space. Finally, John Constantine Feketekuty, CFA, Albourne, namely, Jennifer Yeung, and Mark White, and I presented our co-investment solution to our board, where it was approved. The overarching idea is that if you develop a thorough co-investment process with precise parameters and layer it onto an already robust primary commitment process, you can build a co-investment portfolio that consists of additional pieces of the same asset you already own (through your primary commitments) at no fee, allowing you to average down the fee profile of your program and generate significant savings. If you want to hear more, feel free to reach out or you can catch me speaking on a few panels in June. I'll be on an investor fireside panel for IREI on June 5-6th in DC and then Institutional Investor's Investor Week in Rhode Island speaking about the future of infrastructure, reach out to Giana Mortellite if you'd like to attend that. https://lnkd.in/eUiiCYGh

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I’m happy to share that through our broker-dealer, Park Avenue Securities, my clients have access to iCapital, a platform that democratizes alternative investing. Historically, investments like private equity, private credit, and hedge funds were reserved for an exclusive few due to high minimums, stringent requirements, and limited liquidity. iCapital changes that, making these opportunities more accessible to individual investors. Our partnership with iCapital allows us to offer a range of vetted alternative investments that have undergone rigorous due diligence by both Park Avenue Securities and Guardian. In the often complex world of alternative investments, it’s reassuring to know that these offerings are carefully selected, which gives me confidence in presenting them to my clients. For the average investor, having access to a broader range of asset classes means greater diversification and the potential to explore investment opportunities that were previously out of reach. As an advisor, it’s exciting to offer something beyond the traditional public equity and fixed-income options. It’s a conversation that not all advisors are having, and it’s a way to truly differentiate the value we provide. If you meet certain qualifications and are interested in exploring these alternative investments, I’d love to discuss how they might fit into your overall financial strategy.

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Great appearance on Yahoo Finance Portfolio Manager George Cipolloni, CFA! Check out George's full interview below as he discusses the latest market activity, including his outlook on small caps and timing of rate cuts. He also shares what to expect heading into the election. #markets #election #inflation #interestrates #Fed #Fedpolicy #smallcaps #stocks #bonds #valueinvesting

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After reading the recent announcement from Carta and Morgan Stanley at Work, I’m excited by what this partnership could mean for the IPO landscape. By joining forces, they aim to simplify the transition from private to public markets, integrating Carta’s cap table management and IPO readiness solutions with Morgan Stanley's expertise in public equity compensation and wealth management. This collaboration comes as the IPO market shows renewed momentum. According to EY's Q3 2024 IPO Market Trends report, the U.S. IPO market held steady in Q3, with 12 deals surpassing $100 million each, including the year’s largest global IPO, which raised over $5 billion. YTD IPO proceeds have already outpaced 2023’s full-year total, with 121 IPOs on U.S. exchanges generating $27.3 billion. Strategic partnerships like this are setting the stage for a robust IPO market in the months ahead, offering valuable resources for companies preparing to go public. 🚀 https://lnkd.in/emnP-J63

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In this episode of J.P. Morgan’s What’s the Deal? podcast, join Amaury Guzman and Brian Tramontozzi as they dive into high yield debt capital markets. Learn about the trends shaping this dynamic sector from M&A green shoots to fund flows, and more.

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This month marks the 17th anniversary of our John Hancock MLK Scholars Program, and we’re excited to welcome another outstanding group of 22 young Boston-area adults into the program. Participants, 16-18 years old, will spend their summer with us tackling meaningful job experiences right here in our corporate offices and in other community-based organizations in the city.    Since its inception in 2008, our MLK Scholars Program has invested more than $16 million to provide 6,000 young adults with meaningful job experiences. One of the primary goals of the program is to level the playing field for young people who don’t have equal access to the work experiences and networks that are key to building long-term skills, self-confidence, and financial empowerment.    The program provides guidance on career readiness and financial literacy to help participants grow as leaders in the office, the classroom, and the greater community. The program also benefits local nonprofit organizations that employ MLK Scholars, providing them with an opportunity to engage Boston’s diverse student population in potential career paths in their industries – with some students even returning as college interns and full-time hires after college.    As we welcome another group of outstanding students this year, I can’t help but think of a quote from our program’s namesake, who once said, “the function of education is to teach one to think intensively and to think critically. Intelligence plus character – that is the goal of true education.”    I couldn’t have said it better myself.

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Our Head of Research shares key insights on the economy. Consumer spending and services remain strong, while manufacturing struggles with a PMI below 50. The labor market is balancing well despite recent disruptions. Inflation is improving, with the core PCE deflator at 2.7%, still above the Fed's target. Oil prices are low due to geopolitical uncertainties and oversupply. The Fed plans gradual rate cuts, targeting a 3% rate by Q3 next year. The dollar has strengthened, up nearly 4% since September. Discover more in our latest insights. #EconomicUpdate #JPMorganResearch https://bit.ly/40AP02b

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Our Head of Research shares key insights on the economy. Consumer spending and services remain strong, while manufacturing struggles with a PMI below 50. The labor market is balancing well despite recent disruptions. Inflation is improving, with the core PCE deflator at 2.7%, still above the Fed's target. Oil prices are low due to geopolitical uncertainties and oversupply. The Fed plans gradual rate cuts, targeting a 3% rate by Q3 next year. The dollar has strengthened, up nearly 4% since September. Discover more in our latest insights. #EconomicUpdate #JPMorganResearch https://bit.ly/3CjVmZH

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One of the top trends Nicholas Nolan sees in the alternatives market is the need for greater operational efficiency. Read about this and other trends driving #AlternativeInvestments. https://lnkd.in/e8XCtgDM #SSNCEze

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