Fact Sheets
Intermediate Fixed Income Strategy
Fact Sheets
Short Duration Fixed Income Strategy
Fact Sheets
SMID Cap Core Equity Strategy
Fact Sheets
Equity Income Strategy
Bond IQ
Moving From Cash: The Right Time For Short Duration Fixed Income
While cash has been a beneficial allocation for lower-risk assets in recent years, with the Fed now openly communicating about the timing for potential rate cuts, this dynamic may soon change. In our most recent Bond iQ, Brandon Zureick and Landon Peterson suggest that investors holding excess cash in portfolios should consider moving into short duration fixed income and demonstrate the value it can add over time.
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MASTERCLASS: Fixed Income - February 2024
In a recent Asset TV Masterclass, Brandon Zureick offered perspective on risks and opportunities in Fixed Income markets. Along with Brian Kennedy of Loomis, Sayles & Company, the conversation covered treasury issuance trends, the current environment in credit markets, the growth of Private Credit, as well as themes that could impact inflation and interest rates going forward.
White Papers
Defining Quality and Its Benefits for SMID Cap Stocks
A focus on investing in quality companies sounds good, but what does that actually mean in practice? In this paper, Managing Director of Research & Senior Portfolio Manager Brian Kute, CFA, Lead PM on Johnson’s SMID Cap Core strategy and the Johnson Opportunity Fund (JOPPX), defines what quality means for Johnson Asset Management and explains how our research team identifies high-quality companies in the SMID Cap space. He also demonstrates that a focus on high-quality stocks has historically provided long-term outperformance with downside protection and reduced volatility.
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Brandon Zureick on the Fed's Decision to Keep Rates Steady
Managing Director and Portfolio Manager Brandon Zureick, CFA discussed the Fed’s decision to keep rates steady at the most recent FOMC meeting with Spectrum News 1, noting that the Fed pushed back a bit on the notion they are going to be lowering rates in the very near term. “The Federal Reserve isn’t moving so fast on cutting rates” Spectrum News 1, 2/4/2024
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Brandon Zureick on How the Bank Failures Affects Us Now
Managing Director and Portfolio Manager Brandon Zureick, CFA weighs in on how the large bank failures that occurred in early 2023 have continued to impact the banking industry. Noting how these failures may increase regulations on all banks moving forward. "Last year’s SVB Signature Bank failures are now costing Ohio banks hundreds of millions of dollars.” Cleveland.com, 1/26/2024
Strategy Commentaries
Core Fixed Income Strategy Commentary
Strategy Commentaries
Intermediate Fixed Income Strategy Commentary
Strategy Commentaries
Short Duration Fixed Income Strategy Commentary
Strategy Commentaries
SMID Cap Core Equity Strategy Commentary
Strategy Commentaries
Equity Income Strategy Commentary
Fact Sheets
Enhanced Equity Strategy
News Item
Brandon Zureick Discusses Consumer Expectations in 2024
Managing Director and Portfolio Manager Brandon Zureick, CFA discussed the interest rate outlook for 2024 with Spectrum News 1, noting that steady interest rates and slowing economic growth could bring positive developments for consumers. “Consumers May See Some Relief in 2024” Spectrum News 1, 12/31/2023
Strategy Commentaries
Core Fixed Income Strategy Commentary
Strategy Commentaries
Intermediate Fixed Income Strategy Commentary
Strategy Commentaries
Short Duration Fixed Income Strategy Commentary
Strategy Commentaries
SMID Cap Core Equity Strategy Commentary
Chart IQ
Relative Valuation Supports Small and Mid Cap Stocks
Within the domestic equity market, both small and mid cap stocks look attractive relative to large caps when compared on a valuation basis. Our latest Chart iQ installment illustrates a simple framework we use to make this comparison.
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Featured Article in GAPPT Newsletter
Johnson Asset Management was honored to have our recent Equity iQ written by Managing Director of Research & Senior Portfolio Manager, Brian Kute, CFA, featured in the 2023 Third Quarter Georgia Association of Public Pension Trustees Newsletter.
Strategy Commentaries
Core Fixed Income Strategy Commentary
Strategy Commentaries
Intermediate Fixed Income Strategy Commentary
Strategy Commentaries
Short Duration Fixed Income Strategy Commentary
Strategy Commentaries
SMID Cap Core Equity Strategy Commentary
Equity IQ
The Benefits of Profitability for Small and Mid Cap Stocks
Over the past 15+ years, the number of unprofitable companies within the U.S. equity universe has been on the rise, particularly within small and mid cap. In our inaugural EquityiQ, Brian Kute discusses the causes of this increase and compares the return and risk characteristics of these unprofitable companies to their profitable peers.
Chart IQ
Mid Cap: An Equity Market Sweet Spot
With the strong relative performance of large cap stocks in recent years, as well as the academic basis often cited in support of small cap performance, it may surprise some allocators that mid cap stocks have been the best performing domestic equity market cap segment over the past 40+ years. In this month’s Chart iQ, Landon Peterson observes this strong long-term performance and offers a few reasons why mid cap stocks make up an equity market sweet spot.
Bond IQ
Applause For A Pause: Have We Reached The Fed's Final Act?
Chart IQ
Financial Conditions Suggest Caution on Credit
Strategy Commentaries
Core Fixed Income Strategy Commentary
Strategy Commentaries
Intermediate Fixed Income Strategy Commentary
Strategy Commentaries
Short Duration Fixed Income Strategy Commentary
Strategy Commentaries
SMID Cap Core Equity Strategy Commentary
Bond IQ
Are Credit Spreads Out of Sync with the Economy?
In this month’s “BondiQ”, we explore the relationship between credit spreads and two important economic variables in an effort to assess the implied fair value of credit spreads.
Strategy Commentaries
Core Fixed Income Strategy Commentary
Strategy Commentaries
Intermediate Fixed Income Strategy Commentary
Fourth Quarter 2022 Intermediate Fixed Income Strategy Commentary
Strategy Commentaries
Short Duration Fixed Income Strategy Commentary
Strategy Commentaries
SMID Cap Core Equity Strategy Commentary
Strategy Commentaries
Core Fixed Income Strategy Commentary
Strategy Commentaries
Intermediate Fixed Income Strategy Commentary
Strategy Commentaries
Short Duration Fixed Income Strategy Commentary
Strategy Commentaries
SMID Cap Core Equity Strategy Commentary
Bond IQ
Interest Rates: Are We There Yet?
2022 has been an extremely challenging year for bond investors, leaving many to wonder how close we may be to a cyclical peak in rates. In this month’s “BondiQ”, we explore clues from the bond market that can help us better understand where we’re at in the interest rate cycle.