Large Cap Core Update
January 20, 2021
Multi-Factor Selection Models and Diversified Portfolio Structure Favor the Strategy
While the Glenmede Quantitative Large Cap Core Equity Strategy was negatively impacted from underexposures to negative earners in the Russell 1000 Index , the strategy outperformed the Russell 1000 by about +1%. Listen as Portfolio Manager Val de Vassal,CFA, discusses how the strategy benefited from its lower valuation discipline, underexposures to some of the largest mega-cap stocks and relatively lower market capitalizations. He explains how the diversified strategy remains well-positioned with its multifactor approach favoring stocks with cheaper valuations, stronger fundamentals, positive earnings/revenue estimate trends and attractive technicals.