Call 1.866.825.3005 for more information
- Education Harvard University; Boston University
- Qualifications BA Economics; Certificate in Financial Planning
- Founded 2012
- Company Name Island Light Capital
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Website
http://www.islandlightca… -
Blog
http://www.linkedin.com/… - 5 Walpole Street
- Unit 306
- Dover
- Massachusetts
- 02030
-
Linkedin.com
Island Light Capital
Investment Adviser
Island Light Capital Corporation is an investment advisory and consulting firm that specializes in the development of optimally diversified investment portfolios. Enlightened Investing ™ synthesizes state-of-the-art quantitative investment technology, institutional expertise, disciplined investment processes and intelligent security selection. Our products offer globally diversified target risk portfolios that range from Income to Growth. Via proven methodologies, Enlightened Investing ™ assures our clients will stay on the cutting-edge of innovation while taking comfort in a disciplined process that seeks to maximize returns for any given level of risk.
Matthew V. Pierce, founder and portfolio manager, has more than 20 years of investment experience with some of the most innovative institutional investment advisors in the country.
Investment process
Enlightened Investing is a stable approach to portfolio management, emphasizing quantitative principles and proven investment practices, while accentuating asset allocation as the most important determinant of long term success in investment planning.
Our portfolios capitalize on the fact that markets are relatively macro-inefficient, allowing value to be added at the asset class level using world-class investment technology, superior investment judgment and a disciplined investment process.
We establish a base investment portfolio objective, defined by the ratio between fixed income and global equities, and periodically rebalance to this objective. Intelligent rebalancing provides stability and maintains the target macro allocations. We diversify across investment classes that encompass all the major sources of global economic growth.
We develop capital market estimates using modern statistical techniques that combine our economic and investment views with observations of past market behavior. We then apply the scientifically-proven technique of resampled efficiency to construct a set of efficient portfolios that incorporate our understanding of market structure with the new capital market estimates. This patented approach mitigates the risks of uncertainty in information and outcomes, leading to greater diversification and stability of process. Systematic rebalancing incorporates recent market activity, economic factors and expected trading costs to benefit our focus of maximal returns at any given level of risk.
Company background
Island Light Capital is a registered investment advisor in Massachusetts, formed in the fourth quarter of 2011. Island offered non-advisory investment consulting guidance on approximately $400M in AUM during 2012. Island Light's founder and portfolio manager is Matthew V. Pierce, a CPA and PFS with over 20 years of experience in institutional asset management.
Investment models
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Island Light Income Portfolio
See full details- Allocation Strategy ETF Asset Allocation
- Approach Quantitative
- Asset Class Multi Asset Class
- Geography Global
Performance-
2.5%90 day
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10.4%365 day
Avg. Sub.-
2.5%90 day
Monthly vs S&P500-6.7% 12 months
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Island Light Balanced Portfolio
See full details- Allocation Strategy ETF Asset Allocation
- Approach Quantitative
- Asset Class Multi Asset Class
- Geography Global
Performance-
3.5%90 day
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15.5%365 day
Avg. Sub.-
3.3%90 day
Monthly vs S&P500-4.0% 12 months
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Island Light Growth Portfolio
See full details- Allocation Strategy ETF Asset Allocation
- Approach Quantitative
- Asset Class Multi Asset Class
- Geography Global
Performance-
3.9%90 day
-
17.4%365 day
Avg. Sub.-
3.7%90 day
Monthly vs S&P500-4.0% 12 months
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Island Light Conservative Portfolio
See full details- Allocation Strategy ETF Asset Allocation
- Approach Quantitative
- Asset Class Multi Asset Class
- Geography Global
Performance-
1.1%90 day
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1.5%S.I.
Avg. Sub.-
-90 day
Monthly vs S&P500-15.2% S.I.
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Island Light Aggressive Portfolio
See full details- Allocation Strategy ETF Asset Allocation
- Approach Quantitative
- Asset Class Multi Asset Class
- Geography Global
Performance-
4.7%90 day
-
6.1%S.I.
Avg. Sub.-
-90 day
Monthly vs S&P500-6.1% S.I.
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Island Light Capital Preservation Portfolio
See full details- Allocation Strategy Long-Only
- Approach Quantitative
- Asset Class Fixed Income
- Geography Global
- Style Yield
Performance-
-0.1%90 day
-
-0.8%S.I.
Avg. Sub.-
-90 day
Monthly vs S&P500-17.0% S.I.
Important Information
1. Performance of the model manager’s account is calculated by Covestor on a daily time-weighted basis, including cash and broker commissions. More
2. Past performance is no guarantee of future results. Periodic and since inception performance returns are calculated daily. Monthly vs. S&P 500 return and the corresponding spark chart is calculated to the most recent month end date.
3. The subscription minimum is the minimum subscription required to follow a particular model. The minimum amount is determined by Covestor, based on the characteristics of the underlying model. It should not be considered as specific investment advice for your investment situation.
Model commentary
The U.S. economy's virtuous circle
8 May 2013
My take on Boston, the markets and the economy.
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