Winslow Capital

Strategies

As a client-centered Firm, we are accountable to our clients first and foremost. The decisions we make regarding the management of our current strategies and any potential new strategies are rooted in the perspective of what is best for our clients.  

We empower the researcher working closest to the source of fundamental information — the one with genuine insight — to make important investment decisions.

U.S. Large Cap Growth

The hallmark of our Firm’s investment approach is our adherence to a disciplined process in all market conditions. Our Investment Team has maintained the same philosophy and portfolio construction process for the past 18+ years. Over this time, our process has been tested in virtually every market environment.

Our approach is balanced, in that we strive for consistent outperformance within the context of careful attention to risk management. Portfolios are constructed from the bottom-up based on proprietary fundamental research done by our Sector Portfolio Managers, each of whom have extensive analytical experience and sector specialization. By conducting their own research, our investment professionals stay close to the many sources of information that are used in their decision-making process.

27

Ten-member Investment Team with an average of 27 years industry experience (as of 9/30/2017)

Rigorous Research + Disciplined Process = Client Success

Focus

  • Specialists in managing growth equities; all large cap growth accounts managed essentially identically
  • Repeatable process successfully tested during periods of volatility
  • Members of the Firm have an equity interest

Expertise

  • Ten-member Large Cap Growth Investment Team
  • Seasoned professionals with an average of 27 years industry experience
  • Sector PM/Analysts conduct proprietary research
  • Purposeful portfolio construction is supported by a rigorous Sell discipline

Consistency
(as of 9/30/17)

  • Same philosophy and process for over 18 years1
  • Outperformed Russell 1000® Growth Index in 71% of rolling 3-year periods since April 1, 19991
  • Outperformed Russell 1000® Growth Index in 100% of rolling 10-year periods since April 1, 19991
  • Information Ratio in the top decile in eVestment U.S. Large Cap Growth Equity universe since April 1, 19991

1Justin Kelly joined the Firm as PM 4/1/99, the team has used the same investment process since that time.

Characteristics

  • Benchmark
  • Lead Portfolio Manager
  • Market Cap at Purchase
  • Typical Number of Holdings
  • Typical Active Share
  • Price to earnings ratios
  • Sectors Represented
  • Typical Maximum Position Size
  • Sector Exposure
  • Country Exposure
  • Typical Cash Exposure
  • Leverage Utilized
  • Derivatives Utilized
  • Stock Selection Process

U.S. Large Cap Growth

  • Russell 1000® Growth
  • Justin Kelly
  • > $4 Billion
  • 55-65
  • 60%-70%
  • 10x – 40x
  • All
  • 5%
  • +/- 10% Benchmark Weighting
  • Predominately U.S.
  • less than 10%
  • No
  • No
  • Fundamental Bottom-Up

International Small Cap

  • MSCI World ex USA Small Cap
  • Steven Larson
  • < $6 Billion
  • 70-90
  • >90%
  • 10x – 40x
  • All
  • 3%
  • +/- 5% Benchmark Weighting
  • +/- 5% Benchmark Weighting
  • less than 5%
  • No
  • No
  • Quantitative Ranking, Fundamental Bottom-Up