2004 CIRM Investment Winners

Center for Investment Research and Management

The Center For Investment Research And Management's Board Of Advisors has named Fisher Investment Management and Smith Associates recipients of the 2004 CIRM investment mandate awards.

While both teams offered a balanced portfolio approach, Fisher's equity strategy seeks excess returns over benchmark by harnessing a proprietary macroeconomic model, coupled with a statistical valuation technique, to optimally deploy capital across major market indexes.

Smith Associates' equity discipline, best described as a "tilted index fund," exploits the long-recognized principle that companies with ever-growing dividend payouts enjoy enhanced stock market performances. Portfolio construction starts with an exchange-traded fund (Standard & Poor's Depository Receipts) and then enhances the allocations awarded to companies with superior dividend-growth records.

Congratulations to the winners!

Fisher Investment Management

Edward Arce
Ibrahim Arinc
Gavin Danaher
Timothy Donnelly
Uma Venkatraman
Edward Zhou

Smith Associates

Timothy Adler
Nawaf Almansour
Christopher Ferrarone
Donald Kendall
Michael McCarter
Weizheng Wang