On the surface, 2023 was a great year in the market, with the S&P 500 up over 21% and the Nasdaq Composite up an astounding 47% (through December 8). Nevertheless, outside of mega-cap technology stocks, and specifically the “Magnificent Seven,” the story was a lot murkier.
Since our founding the Firm’s boutique structure has facilitated specialization of strategies for institutional clients unique needs and outcomes.
Our specialized strategies are also available on managed account platforms to accommodate clients’ needs for transparency and customization.
As one of the affiliated investment managers within Virtus Investment Partners, our strategies are offered via open-end mutual funds.
In addition to managing institutional products, Duff & Phelps has over two decades experience managing closed-end funds for individual investors.
Featured News and Ideas
Utilities, facing significant macroeconomic headwinds in 2023, have seen relative valuations fall precipitously, offering opportunity in 2024.
The energy sources we use are evolving rapidly with the adoption of renewable energy policies globally across private and public entities, marking an alternative energy revolution. As the world transitions, many opportunities to invest in energy technologies, generation, and transmission of renewable energy have emerged.
Meeting Investor Needs
Our boutique structure is designed to focus resources on our specialized active investment strategies, and to meet the needs of institutional investors for consistent results, pro-active communication, and transparency.
Our approach has benefited the institutional clients we have worked with, which include: public funds, foundations & endowments, corporations, municipalities, multi-employer plans, nuclear decommissioning trusts, and sub-advisory.
For more than 90 years, Duff & Phelps has been distinguished by in-depth fundamental research. We have built on our pioneering approach to utilities, expanding to offer several specialized active strategies that seek to enhance individual investors outcomes.
Through open-end mutual funds, managed accounts, and closed-end funds, investors may wish to consider our approach as a foundation for their portfolios in today’s complex world.