Growth is Our Business

September 2009 Featured Member:
MARVIN & PALMER ASSOCIATES, INC. 

WILMINGTON, DE, September 1, 2009 - World Trade Center Delaware is pleased to announce that Marvin & Palmer Associates, Inc. has been chosen as the featured member for the month of September 2009.

Who: Marvin & Palmer Associates, Inc.

Where: Wilmington, DE

What:
Established in 1986 by David Marvin and Stanley Palmer, Marvin Palmer & Associates began by managing Global Equities and U.S. Equities for institutional clients, expanding to Non-U.S. Equities in 1988 and Emerging Markets Equities in 1989. They have established one of the longest global equity track records in the money management industry.

Marvin & Palmer Associates has grown significantly over the years. They have grown from three employees, two accounts and $50 million under management, to sixty employees servicing 75 accounts with $5.7 billion under management as of July 31, 2009.

Services:
Marvin & Palmer Associates invests primarily in high quality, large-cap, growth stocks. The company's approach focuses on region, country, currency and sector analysis, followed by a review of individual stocks. Holdings may be concentrated in a number of countries and sectors with diversification achieved through individual stock selection.

Key Relationships:
Marvin & Palmer Associates works with corporate and public pension funds, endow- ments, foundations, other institutional clients, and family offices. They also sub-advise mutual funds and pooled funds for some of the world's leading financial institutions. They serve clients in the United States, Canada, Europe, Australia and South Africa. 

Just a few of their clients include:

  • AustralianSuper
  • BBC Pension Trust Limited
  • California Public Employees' Retirement System
  • Cape Fear Valley Health System
  • City of Charlottesville
  • DuPont and Related Companies Defined Contribution Plan Master Trust
  • Forsta AP-Fonden
  • Halliburton Company Employee Benefit Master Trust
  • Los Angeles Fire & Police Retirement System
  • The New York City Police Pension Fund
  • Syracuse University
  • Wilmington University


For fun:
What 3-P's are often used to describe the reasons why investment managers are able to produce above average results?
a) Process, philosophy, and parking
b) Profit, people, and parties
c) Philosophy, process, and people
d) People, profile, and pension


Answer: c