Passive investing primer

Over the last several years, a debate between “passive” and “active” management has been raging in the investment industry. So far, the passive approach is winning – with the majority of net investment dollars recently flowing into index-oriented mutual funds and Exchange Traded Funds (ETFs). Passive investing has become so…

Down… but not necessarily out

At Fort Pitt Capital, we describe our Individual Securities investment process as owning well run companies at reasonable prices and holding on to them. Our goal is competitive long-term portfolio returns, with overall volatility less than the market. As always, some names in the portfolio perform better than others in…

2014 mid-year market review

As June marks the mid-point of the year, we thought that it would be the perfect time to take a look back at market movements since January, and review where we expect equities and other asset classes to head in the coming months. While we are optimistic for the second…