Our Investment Process


Active Equity

To deliver on our objective of maximizing return per unit of risk, we don’t rely on just a single source of insight; rather, we have built a three-part equity investment process that extracts value from the combination of three investment disciplines:


Active-SC

 Performance

pdfStrategic Core Performance – GIPS Presentation

 


Active-MP

 Performance

pdfMarket Plus Performance – GIPS Presentation

 


Active-CV

 Performance

pdfCore Value Performance – GIPS Presentation

 


Active-SMID

 Performance

pdfOptimized SMID Cap Core Performance – GIPS Presentation

 


Active-SMALL

 Performance

pdfOptimized Small Cap Core Performance – GIPS Presentation

 


Active-MIDCAP

 Performance

pdfOptimized MIDCAP Core Performance – GIPS Presentation


 

Passive Equity


We manage passive or index mandates to ensure that the clients’ objective of gaining broad-based index exposure in a cost effective way are met at the initiation of the portfolio and throughout the investment process.

 


Passive-R200

 Performance

pdfRussell Top 200 Performance – GIPS Presentation

 


Passive-SP500

 


Passive-SP600



 

Fixed Income

Piedmont’s Yield Advantage strategies are grounded in the belief that yield is the most reliable tool for generating alpha and optimizing return per unit of risk. The goal of  our philosophy is to deliver long-term results that maximize the contribution of yield to total return, while preserving capital. Typically, this yield advantage is derived through credit, optionality, and other spread products, but can be attained through duration based on the stage of the business cycle.

We also believe that the best way to maximize yield’s return contribution is with an investment process that has multiple levers for success. Consistent with this view, the Yield Advantage process works to extract alpha contributions from three areas: Quantitative idea generation, fundamental credit research, and macro insights. The use of multiple alpha sources diversifies our performance and increases its reliability.


 
Fixed-YA

 Performance

pdfYield Advantage Strategies Performance – GIPS Presentation

 

 

Piedmont Product Performance

Piedmont Investment Advisors, LLC is an independent investment adviser registered with the SEC. Piedmont Investment Advisors, LLC claims compliance with the Global Investment Performance Standards (GIPS®). The firm is independently verified by Ashland Partners, LLP (now ACA Compliance Group). The firm maintains a complete list and description of composites, which can be obtained by contacting Marion White, Senior Vice President, Chief Compliance Officer at 919-688-8600.