Quality multinational companies are the focus of the strategy to be presented by Thornburg IM at the VIII Funds Society Investment Summit.
“Stock dividends have been critical to the total return on global equities. We actively target strong companies with both the ability and willingness to grow profits and pay dividends over time”, according the asset management information.
The Thornburg lecture during the event, to be held October 5-7 at the PGA National Resort in Palm Beach, will be given by Michael Ordonez, Director of the Client Portfolio Management and Business Development Group.
Companies with wide moats, business advantages, and healthy balance sheets can help investors hedge against inflation, as their leadership allows them to increase prices when necessary. With such well-managed companies, many of which are outside the U.S., dividends are often accompanied by capital appreciation in the long term, the firm says.
If you are a professional investor and want to register for the event, enter the following link.
Director of Client Portfolio Management and Business Development Group at Thornburg Investment Management. In this role, Michael heads a team of client portfolio managers responsible for the external-facing articulation of investment philosophy, process, performance and positioning to clients across all channels.
Additionally, he manages the business development group, which is responsible for helping the firm acquire and retain assets under management by meeting a variety of information needs for prospective and current clients. Michael also maintains direct client portfolio management coverage of Thornburg’s global fixed income and global equity strategies.
Before joining Thornburg in 2019, Michael served as a vice president for Société Générale in their multi-asset product group. Prior to that he worked at Citigroup for 10 years in a number of roles, including investor relations, equity research sales and investment banking. He started his career at Lehman Brothers. Michael holds a BA in Latin American studies and sociology from Dartmouth College. He is currently registered with FINRA with a Series 7 and 63.