
Education
B.A., Yale University
Special Diploma, Oxford University
Portfolio Manager, Small/Mid Cap Equity
Jordan L. Irving
Jordan L. Irving is a Portfolio Manager for Glenmede Investment Management LP (GIM). His primary responsibility is managing the Small Cap, SMID Cap and Mid Cap Equity portfolios.
Prior to joining GIM, Mr. Irving served as a Founding Partner and Portfolio Manager at Irving Magee Investment Management LLC. Previously, Mr. Irving worked as a Senior Portfolio Manager for both large and small capitalization value equity strategies at Macquarie Investment Management (formerly Delaware Investments). He began his career with the U.S. Active Large-Cap Value team within Merrill Lynch Investment Managers. Mr. Irving joins Glenmede with two decades of investment management experience.
Mr. Irving earned a Bachelor of Arts degree in American studies from Yale University and received a special diploma in social studies from Oxford University in England. Mr. Irving was a member of the United States Senior National Rowing Team for several years and won a World Championship title in 1997.
Education
B.A., Yale University
Special Diploma, Oxford University
Insights by Jordan L. Irving
Small Cap Update
Negative earners a factor in driving underperformance
Quarter 3 was challenging across styles except for small cap growth, which outperformed. Investors expressed their appetite for ri…

Portfolio Manager, Small/Mid Cap Equity
Small Cap Update
Strategy Outperforms Benchmark in Q2
The Glenmede Small Cap Equity Strategy outperformed the Russell 2000 Index for the quarter. The outperformance was driven by the…

Portfolio Manager, Small/Mid Cap Equity
Small Cap Update
Small Cap Equity Strategy Outperforms Russell 2000 Index in Q1
The strategy posted a neutral rate of return (gross of fee) in the quarter, which led to a 7.5% outperformance versus the Russell 2000 benchmark on a gross-of-fee basis.

Portfolio Manager, Small/Mid Cap Equity
Thought Leadership
Negative Earners Could Create Positive Alpha for Active Strategies
We continue to believe passive investors could experience notable underperformance during this cycle shift.

Portfolio Manager, Small/Mid Cap Equity
Thought Leadership
Why Profitability Matters: Positive Versus Negative Earners
We look at the current valuation of small caps and consider the potential behavioral implications that typically emerge during investment regime changes.

Portfolio Manager, Small/Mid Cap Equity
Small Cap Update
Avoidance of negative-earning biotechs helps small cap strategy outperform benchmark
Our Small Cap Growth strategy returned 8.1% gross of fees in Q4 2021 versus 2.1% for the Russell 2000 benchmark, ending the year with a 30% rate of return gross of fees.

Portfolio Manager, Small/Mid Cap Equity
Small Cap Update
Glenmede Small Cap Equity Strategy outperforms benchmark in Q3
The Glenmede Small Cap Equity Strategy was up 0.6% (gross) in the quarter versus the Russell 2000 benchmark down 4.4%. Small cap growth was the leading detractor while small cap value outperformed. Investor concerns about possible Fed rate hikes and the pace of economic recovery led some investors to sell down small caps and return to the “safety: of large cap stocks.

Portfolio Manager, Small/Mid Cap Equity
Small Cap Update
Small-Cap Outperforms Benchmark
Small-cap securities outperformed for the quarter, although performance was hurt by the growing number of negative earners in the Russell 2000, particularly biotech stocks. The Glenmede Small Cap Equity Strategy, with little representation in biotech securities, returned 14.1% (gross of fees) and 13.8% (net of fees), outperforming the benchmark’s 12.7% gain. Portfolio Manager Jordan Irving discusses this outperformance and reviews the top five contributors and detractors to the portfolio’s results.

Portfolio Manager, Small/Mid Cap Equity
Thought Leadership
Exploring Behavior Biases in Investor Decision Making
What drives changes in investor behavior, especially during speculative periods in the markets? We examine four behavioral biases — overconfidence, herding, confirmation and anchoring — and how they affect investor decision making.

Portfolio Manager, Small/Mid Cap Equity