North Square Investments: A Rising Star in Asset Management
December 24, 2024, 5:54 am
Location: United States, Illinois, Chicago
Employees: 51-200
Founded date: 2018
In the bustling world of finance, North Square Investments is making waves. This Chicago-based firm has recently crossed a significant milestone, surpassing $2 billion in assets under management. This achievement is not just a number; it reflects a growing trust among investors and a commitment to delivering value. With a multi-boutique approach, North Square is carving out a niche in the competitive landscape of asset management.
The firm’s recent announcement of lowering management fees on its North Square Strategic Income Fund (ADVNX) is a strategic move. The fee reduction from 70 basis points to 56 basis points signals a commitment to shareholder value. It’s a classic case of economies of scale at work. As assets grow, costs can shrink, benefiting investors. The Total Expense Ratio of the fund will also drop from 0.91% to 0.68% starting January 1, 2025. This is music to the ears of cost-conscious investors.
The Strategic Income Fund has been a standout performer. With a diversified mix of global assets, it aims to achieve high current income while reducing correlation to traditional asset classes. This fund is not just about numbers; it’s about strategy. It has consistently outperformed its benchmark, the Bloomberg Barclays U.S. Aggregate Index. Morningstar has recognized its performance, awarding it a five-star rating. Such accolades are not handed out lightly. They reflect a fund’s ability to navigate market challenges and deliver returns.
North Square’s growth story is also tied to its partnerships. The firm collaborates with boutique asset managers like Red Cedar Investment Management. This partnership allows North Square to offer unique strategies that might otherwise remain on the sidelines. By providing distribution support, North Square helps these managers reach a broader audience. It’s a win-win scenario, where both parties benefit from shared expertise and resources.
The firm’s commitment to innovation is evident in its recent launch of the North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI). This actively-managed ETF aims to provide high current income with a focus on tax-advantaged qualified dividend income. The emphasis on tax efficiency is a savvy move, especially in today’s environment where investors are increasingly concerned about after-tax returns. By investing at least 80% of its net assets in preferred and other income securities, QTPI positions itself as an attractive option for income-seeking investors.
The team behind QTPI is seasoned. Red Cedar’s portfolio managers bring decades of experience. Their collective knowledge spans various market cycles, providing a steady hand in turbulent times. This depth of experience is crucial in a market that can change on a dime. Investors want assurance that their money is in capable hands, and North Square delivers that.
North Square’s multi-boutique platform is another feather in its cap. With ownership interests in firms like C.S. McKee and Oak Ridge Investments, the firm boasts collective assets under management and advisement of over $15 billion. This diverse portfolio allows North Square to offer a range of investment strategies, catering to different investor needs. It’s like a well-stocked toolbox, ready to tackle any financial challenge.
Founded in 2018, North Square is relatively young in the asset management space. Yet, it has quickly established itself as a player to watch. The firm’s leadership team is composed of industry veterans, bringing a wealth of experience to the table. This blend of youth and experience creates a dynamic environment where innovation thrives.
As North Square continues to grow, it remains committed to its core values. The firm focuses on sourcing, vetting, and delivering high-quality investment strategies. This dedication to excellence resonates with financial intermediaries, including broker-dealers and wealth management advisors. In a world where trust is paramount, North Square is building relationships that stand the test of time.
However, investing is not without risks. North Square’s funds are subject to various market risks, including credit and interest rate risks. Investors must remain vigilant and informed. The firm emphasizes transparency, providing detailed information about potential risks in its prospectus. This commitment to clarity is essential in fostering trust with investors.
Looking ahead, North Square’s trajectory appears promising. The firm’s recent accomplishments lay a solid foundation for future growth. With a focus on innovation, strategic partnerships, and a commitment to shareholder value, North Square is poised to navigate the complexities of the financial landscape.
In conclusion, North Square Investments is more than just a name in the financial world. It represents a fresh approach to asset management. With its multi-boutique model, commitment to performance, and innovative products, North Square is a rising star. Investors seeking quality and value should keep a close eye on this firm as it continues to evolve and expand its offerings. The future looks bright for North Square, and its journey is just beginning.
The firm’s recent announcement of lowering management fees on its North Square Strategic Income Fund (ADVNX) is a strategic move. The fee reduction from 70 basis points to 56 basis points signals a commitment to shareholder value. It’s a classic case of economies of scale at work. As assets grow, costs can shrink, benefiting investors. The Total Expense Ratio of the fund will also drop from 0.91% to 0.68% starting January 1, 2025. This is music to the ears of cost-conscious investors.
The Strategic Income Fund has been a standout performer. With a diversified mix of global assets, it aims to achieve high current income while reducing correlation to traditional asset classes. This fund is not just about numbers; it’s about strategy. It has consistently outperformed its benchmark, the Bloomberg Barclays U.S. Aggregate Index. Morningstar has recognized its performance, awarding it a five-star rating. Such accolades are not handed out lightly. They reflect a fund’s ability to navigate market challenges and deliver returns.
North Square’s growth story is also tied to its partnerships. The firm collaborates with boutique asset managers like Red Cedar Investment Management. This partnership allows North Square to offer unique strategies that might otherwise remain on the sidelines. By providing distribution support, North Square helps these managers reach a broader audience. It’s a win-win scenario, where both parties benefit from shared expertise and resources.
The firm’s commitment to innovation is evident in its recent launch of the North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI). This actively-managed ETF aims to provide high current income with a focus on tax-advantaged qualified dividend income. The emphasis on tax efficiency is a savvy move, especially in today’s environment where investors are increasingly concerned about after-tax returns. By investing at least 80% of its net assets in preferred and other income securities, QTPI positions itself as an attractive option for income-seeking investors.
The team behind QTPI is seasoned. Red Cedar’s portfolio managers bring decades of experience. Their collective knowledge spans various market cycles, providing a steady hand in turbulent times. This depth of experience is crucial in a market that can change on a dime. Investors want assurance that their money is in capable hands, and North Square delivers that.
North Square’s multi-boutique platform is another feather in its cap. With ownership interests in firms like C.S. McKee and Oak Ridge Investments, the firm boasts collective assets under management and advisement of over $15 billion. This diverse portfolio allows North Square to offer a range of investment strategies, catering to different investor needs. It’s like a well-stocked toolbox, ready to tackle any financial challenge.
Founded in 2018, North Square is relatively young in the asset management space. Yet, it has quickly established itself as a player to watch. The firm’s leadership team is composed of industry veterans, bringing a wealth of experience to the table. This blend of youth and experience creates a dynamic environment where innovation thrives.
As North Square continues to grow, it remains committed to its core values. The firm focuses on sourcing, vetting, and delivering high-quality investment strategies. This dedication to excellence resonates with financial intermediaries, including broker-dealers and wealth management advisors. In a world where trust is paramount, North Square is building relationships that stand the test of time.
However, investing is not without risks. North Square’s funds are subject to various market risks, including credit and interest rate risks. Investors must remain vigilant and informed. The firm emphasizes transparency, providing detailed information about potential risks in its prospectus. This commitment to clarity is essential in fostering trust with investors.
Looking ahead, North Square’s trajectory appears promising. The firm’s recent accomplishments lay a solid foundation for future growth. With a focus on innovation, strategic partnerships, and a commitment to shareholder value, North Square is poised to navigate the complexities of the financial landscape.
In conclusion, North Square Investments is more than just a name in the financial world. It represents a fresh approach to asset management. With its multi-boutique model, commitment to performance, and innovative products, North Square is a rising star. Investors seeking quality and value should keep a close eye on this firm as it continues to evolve and expand its offerings. The future looks bright for North Square, and its journey is just beginning.