We believe a thoroughly researched and systematic investment process rooted in common sense will outperform over time. Our research shows that markets and securities reward certain factors and punish others.
To capitalize on these factors, we employ a market exposure model and a security selection model based on fundamental rationales. These rationales are confirmed by thorough quantitative analysis, then systematically implemented and complemented with extensive risk controls.
This proven and systematic investment process relies on portfolio managers to validate the model outputs daily and traders to implement the strategy efficiently.
To maintain, refine and enhance our competitive edge, we remain committed to a continuous and comprehensive research effort.
NorthCoast Asset Management was formed in 1988 by Paul Dean, Richard Semels, and Dr. Harry Suber – each bringing more than 20 years of experience to the table. An opportunity existed for a firm which recognized that money management was as much about avoiding punishing losses as it was with booking terrific gains. At the same time, the firm understood the value of quantitative research and rules-based management. Almost thirty years later, the same principles hold.
Black Monday ushers in modern day trading
On Monday, October 19, 1987, stock markets around the world plummeted, shedding mass amounts of market value in a very short time. While the economy recovered, the market event brought investors into a new world of computerized trading, overvaluation, illiquidity, and market psychology.
A different type of money management
In part because of the market crash in 1987, an opportunity existed for a firm which recognized that money management was as much about avoiding punishing losses as it was with booking terrific gains. At the same time, the firm understood the value of quantitative research and rules-based management. NorthCoast Asset Management opened its doors, led by by Paul Dean, Richard Semels, and Dr. Harry Suber – each bringing more than 20 years experience to the table.
Mutual fund strategy launches
Asset Allocation, NorthCoast’s flagship asset allocation strategy launches, marrying the utilization of trend following signals with a market exposure overlay. The strategy delivers on its objective by delivering growth in bull market environments while preserving capital during the market declining years of 2000-2002.
Dan Kraninger joins NorthCoast
Dan Kraninger joins NorthCoast as President & CEO. Learn more about Dan.
Institutional management for the individual
NorthCoast teams up with William O’Neill and the Investor’s Business Daily to become the investment arm of the CAN SLIM® Investment Program, bringing the tactical, time-tested growth strategy to individual investors. Learn more about CAN SLIM® solutions.
CAN SLIM® proves its mettle
2008 brought on the 2nd worst recession in our nation’s history. Many growth funds suffered historic losses. In the midst of the decline, the CAN SLIM® separate account strategy was named #1 Domestic Equity SMA by Investment News for its protection and preservation of capital during the market decline in the 4th quarter of 2008.
Diving into deep value
As the market was in the midst of its historic decline, stock valuations were plummeting. In contract to tactical growth style of CAN SLIM®, NorthCoast launches its long-only deep value equity strategy, Legends Value.
NorthCoast goes global
With the global economy expanding, an opportunity presented itself in the international marketplace. In 2011, NorthCoast launches CAN SLIM® International, providing investors access to global equities utilizing the time-tested investment system.
Patrick Jamin joins NorthCoast
Patrick Jamin joins company founder, Brent Elam, as Co-Chief Investment Officer. In Patrick’s previous role, he was a Partner at Numeric Investors directing the effort for all European Strategies and managing Numeric’s World Fundamental Statistical Arbitrage Strategy. He brings an extensive tool set in quantitative investment management and his expertise in international markets and alternative investments is a real benefit to NorthCoast offerings.
Constructing ETF managed solutions
iShares® by BlackRock® and NorthCoast team up to construct ETF-managed portfolios utilizing the vast universe of iShares ETFs across multiple asset classes catered to investors in any stage of life. Learn more about NorthCoast ETF solutions.
Expanding into alternatives
NorthCoast launches Zero Beta, a liquid alternative solution designed to generate investment returns outside and not correlated to equities and fixed income. Learn more about Zero Beta.
NorthCoast recognized as FT 300 Top RIA
For a second consecutive year, NorthCoast is recognized as a Financial Times 300 Top Registered Investment Adviser for our history, investment standards, sustainable growth, and service to our clients. Learn more.
Tactical Income becomes "Top Gun" strategy
NorthCoast has been recognized with Top Guns status by Informa Investment Solutions’ PSN manager database for the management of its separately managed account solution, Tactical Income. Read the full press release.
NorthCoast introduces four international ETF strategies
Global Select, International Select, International Select Hedged and Emerging Market Select are the newest products joining a comprehensive set of offerings provided by NorthCoast including U.S. Sector based strategies and our dynamic income strategy. These strategies cover 99% of the investable global universe across 50+ ETFs. ETFs provide investors a liquid, transparent, and low-cost avenue to equities around the world.
Managing concentrated stock positions
NorthCoast introduces a dynamic solution for individuals with concentrated stock positions. Our core service combines personal advice with an expertise in options execution, market exposure models and individual stock analysis. We aim to help clients hedge downside risk, generate income, minimize tax consequences and diversify the position.
NorthCoast CAN SLIM® achieves ‘Top Gun’ Status
NorthCoast CAN SLIM® was among the top performers in Q4 2018 versus its peer group and recognized as a Top Guns Manager by Informa Investment Solutions’ PSN. Specializing in quantitative research and risk-managed solutions, NorthCoast is a leader in tactical management. Its CAN SLIM® strategy invests in leading growth stocks in favorable market environments and scales to cash to preserve gains when bear market risk is high. Positions are scored, selected and managed through a combination of CAN SLIM® guidelines and a proprietary stock scoring system. Equally important, the strategy uses a proprietary market exposure model to adjust equity allocation and scale to cash when necessary, such as the 4th quarter of 2018. Read the full press release here.
NorthCoast expands it local presence nationwide
In addition to its home office in Greenwich CT, NorthCoast now has local advisors to provide personalized services in New York, Florida, Texas and southern California.