U.S. Growth & Core Equity Team

Quality Growth and Core Investing With a Valuation Discipline

We believe investing in quality companies whose stocks are mispriced enables us to outperform over time.

WHAT WE BELIEVE

We believe investing in quality companies whose stocks are mispriced enables us to outperform over time. Our intense focus on finding companies with strong managements, sustainable business models, and attractive financials helps us identify durable business franchises that can sustain growth and/or returns on capital for a long period of time.

Because we believe the price you pay for an asset matters, we seek to purchase quality companies when their stocks present attractive risk/reward opportunities. Our experienced analyst team develops long-term fundamental forecasts, incorporating a range of potential outcomes for each investment candidate. To those fundamental forecasts, we apply multiple valuation methods. In doing so, we believe we can build a more complete picture of what a company is worth and what investors should be willing to pay for a stock.

WHY THIS MATTERS

It is a common misconception that an investor can outperform the market by simply investing in the stocks of high-quality companies. We believe many growth-oriented investors underappreciate the role of valuation in finding stocks that will outperform the market.

SEE WILLIAM BLAIR’S U.S. GROWTH & CORE EQUITY STRATEGIES

U.S. Equity Sustainability
Portfolio seeks to provide broad exposure to high-quality U.S. companies that are positively aligned with sustainability trends and whose stocks are mispriced. LEARN MORE

All Cap Growth
Broad opportunity set across all market caps in a portfolio of high-quality growth companies. LEARN MORE

Large Cap Growth
Concentrated portfolio of structurally advantaged, large-cap quality growth companies that are diversified across sectors. LEARN MORE

Mid Cap Growth
Portfolio of high-quality mid-cap growth companies that seeks to provide attractive long-term investment returns with lower levels of risk. LEARN MORE

Small-Mid Cap Growth
Portfolio of high-quality small- and mid-cap growth companies that seeks to provide attractive long-term investment returns with lower levels of risk. LEARN MORE

Small-Mid Cap Core
Portfolio of high-quality small- and mid-cap companies across a broad universe that seeks to provide attractive long-term investment returns with lower levels of risk. LEARN MORE

Small Cap Growth
Portfolio of high-quality small-cap growth companies whose stocks are attractively valued. LEARN MORE

By applying our bottom-up, fundamental analysis to identify quality companies and then utilizing various valuation methods, we are able to build a more holistic picture of what a company is worth. We believe this focus on investing in durable business franchises that are attractively priced allows us to deliver compelling returns for client portfolios over time.

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Glossary

INDICES
The Bloomberg Barclays U.S. Aggregate Bond Index is a broad-based benchmark that measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, mortgage-backed securities (agency fixed-rate and hybrid ARM pass-throughs), asset-backed securities, and commercial mortgage backed securities.

The MSCI ACWI IMI Index is a free float-adjusted, market capitalization-weighted index that captures large, mid, and small cap representation across developed and emerging markets.

The MSCI ACWI ex-US IMI Index is a free float-adjusted, market capitalization-weighted index that captures large, mid, and small cap representation across developed and emerging markets, excluding the U.S. The Value and Growth Indices are a subset of the Index that adopt a framework for style segmentation in which value and growth securities are characterized using different attributes. Multiple factors are used to identify value and growth characteristics.

The MSCI ACWI Small Cap Index is a free float-adjusted, market capitalization-weighted index that captures small cap representation across developed and emerging markets.

The MSCI Emerging Markets Index is a free float-adjusted, market capitalization-weighted index that is designed to measure the equity market performance of emerging markets.

The MSCI World Index is a free float-adjusted, market capitalization-weighted index that is designed to measure the equity market performance of developed markets.

The Russell 2000 Index is a market capitalization-weighted index designed to represent the small cap segment of the U.S. equity universe.

Index performance is for illustrative purposes only. The indices are unmanaged, do not incur fees or expenses, and cannot be invested in directly.

TERMS
Alpha is a measure of an investment’s return in excess of the market’s return, after both have been adjusted for risk.

Beta is a measure of the volatility of an investment relative to the overall market, represented by a comparable benchmark.

Half-life is a statistical measure of the time required for the discrepancy between price and value to contract by half of its starting value. Fundamental value estimates are based on the Dynamic Allocation Strategies team’s proprietary research.

P/E Ratio is a measure of valuation which compares share price to earnings per share, calculated using estimates for the next twelve months.

Standard deviation is a statistical measurement of variations from the average.

QUANTITATIVE MODELS – FACTOR DEFINITIONS
The William Blair Earnings Trend Model captures information about short- and medium-term changes in analyst estimates in an attempt to anticipate future estimate changes and stock performance. The score combines measurements of earnings revisions, momentum, and earnings surprise.

The William Blair Valuation Model combines varying metrics used to characterize the relationship between the stock’s trading price and its intrinsic value. By going beyond using only one or two measures, the model attempts to build a more holistic version of a stock’s worth vis-a-vis the market. The score combines measurements of earnings/cash flow based, asset-based, and model-based factors.

FEATURED TOPICS

U.S. EQUITY

GLOBAL EQUITY

EMERGING MARKETS DEBT

U.S. Growth & Core Equity Team

We believe investing in quality companies whose stocks are mispriced enables us to outperform over time.

SEE WILLIAM BLAIR’S U.S. GROWTH & CORE EQUITY STRATEGIES

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Andrew Pinheiro

Insights From Denver

IMPORTANT INFORMATION

FEATURED TOPICS

U.S. EQUITY

GLOBAL EQUITY

EMERGING MARKETS DEBT

U.S. Growth & Core Equity Team

We believe investing in quality companies whose stocks are mispriced enables us to outperform over time.

SEE WILLIAM BLAIR’S U.S. GROWTH & CORE EQUITY STRATEGIES

Gain More Insights

Create an Enduring Partnership

Andrew Pinheiro

Insights From Denver

IMPORTANT INFORMATION

Privacy & Security

Cookie Policy

Our use of cookies

Additional Resources

Social Media Disclaimer

Glossary

Create an
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