Texas Presbyterian Foundation

Have You Heard the Word on the Street?

By Jake Wilson, TPF Relationship Manager

As you may already know, TPF regularly produces educational live webinar events covering various topics aimed at bringing value to churches and nonprofits. One of our most popular webinar series is THE WORD ON THE STREET. Twice a year, TPF’s Executive Vice President, John Furlow, and our trusted investment consultant at Segal Marco Advisors, Kris Katarski, provide an in-depth look at TPF’s investment fund performance as well as their perspectives on the market.

However, our August 2021 THE WORD ON THE STREET introduced our audience to an entirely new and exciting format where we brought in two of our investment fund managers for a panel-style discussion. If you missed the event and would like to watch a recording of the webinar on demand, CLICK HERE.

For this event, John and Kris were joined by Deborah Petruzzelli, Managing Director of Fixed Income and Portfolio Manager / Analyst at Barrow Hanley Global Investors, as well as Michael Sramek, CFA, Sr. Portfolio Manager, Research Analyst, and Managing Director of Sands Capital Management.

While I do highly recommend taking some time to watch the full webinar yourself, I would like to highlight some of the key takeaways and topics that were discussed:

  1. Barrow Hanley Global Investors and Sands Capital Management are best-in-class active managers that have both held longstanding positions within the TPF Pooled Investment Funds. They each have impressive track records within their respective sectors.
  2. Barrow Hanley Global Investors manages 40% of the TPF Fixed Income Fund and has been a fixed income manager for TPF since September 2003.
  3. Barrow Hanley Global Investors manages a “core plus” portfolio invested in U.S. Government and investment grade corporate, mortgage, asset-backed, and limited high yield securities.
  4. Sands Capital Management joined TPF’s manager lineup in March 2006, making up 50% of the TPF Growth Equity Fund, as well as one-fifth of the TPF Large Cap Equity Fund.
  5. Sands Capital Management is a somewhat traditional “bottom-up” stock picker using significant proprietary research to create a concentrated portfolio focused on the firm’s best ideas among quality large cap growth equity businesses.
  6. Barrow Hanley Global Investors and Sands Capital Management each discussed their investment processes in great depth, their attitudes regarding the pandemic’s impact on their respective investment sectors, their thoughts on the potential of rising long-term interest rates, as well as the potential impact of (or lack thereof) increasing inflation.

Obviously, this is not even close to everything discussed by out expert panel, so I do encourage you to view the webinar on demand HERE to hear all the great insight shared. It is our hope that this new panel-style THE WORD ON THE STREET webinar format provides all the informational value that you as our partners have come to expect, while also keeping things fresh and exciting!

Stay tuned for many more educational events in the future from TPF. Until then, check out our library and past events in the resources section of our website, and never hesitate to reach out to our team if you have any questions or if there is anything TPF can do assist in your mission efforts.