U.S. manufacturing has weakened alongside a slowdown in purchases of goods, as rising interest rates make big-ticket items less affordable. This shift may be linked to a broader trend of consumers spending more on services rather than goods, which impacts over half of the consumer-facing U.S. manufacturing sector. For more details, check out this week's Market Note: https://lnkd.in/gJsV3nV6
Verus
Investment Management
Seattle, Washington 9,538 followers
Helping institutional investors achieve success for over 37 years.
About us
Verus is an independent, employee-owned provider of non-discretionary consulting and discretionary management services (i.e. OCIO) to a variety of institutional investors, including endowments and foundations, corporate defined benefit and defined contribution plans, public pension plans, and multi-employer trusts. These clients, whose assets total in excess of $1 trillion*, rely on us for the thoughtfulness of our investment research and personalized approach to their portfolios. Verus traces its roots back to 1986, when the firm was originally founded by William Wurts. Wurts & Associates was renamed Verus in April 2015. Throughout our 38 year history, we have remained true to our central mission: We are stewards of the means to a better life. Success at what we do preserves and fortifies the wellbeing of individuals, families, and communities. We rely on objective observation, rigorous research, demonstrable facts, and measurable results to help guide our clients. Yet the true value of our work lies beyond what can be measured – what we do impacts people’s lives. Verus provides independent advice through its non-discretionary consulting, private markets, and risk advisory services. For institutions who choose to delegate more of their fiduciary responsibility, we also provide discretionary Outsourced Chief Investment Officer (OCIO) services. Past performance is no guarantee of future results. The information provided by this site or referenced links is provided for informational purposes only and is intended for institutional entities and their representatives and should not be relied upon by retail investors. Nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security, pursue a particular investment vehicle or any particular trading strategy. Investing entails risk, including possible loss of principal. *Includes Verus' total assets under advisement; preliminary as of 7/1/2024.
- Website
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http://www.verusinvestments.com
External link for Verus
- Industry
- Investment Management
- Company size
- 51-200 employees
- Headquarters
- Seattle, Washington
- Type
- Privately Held
- Founded
- 1986
- Specialties
- Investment Policy Statement, Asset Allocation Studies, Investment Manager Searches, Performance Evaluation, Defined Benefit, Defined Contribution, Foundations and Endowments, Taft Hartley Plans, Outsourced Chief Investment Officer ("OCIO") portfolio management, Public Plans, Corporate Plans, Private Equity Consulting, and Risk
Locations
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Primary
800 5th Ave
Seattle, Washington 98104, US
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300 N. Continental Blvd
Suite 525
El Segundo, California 90245, US
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425 California Street
17th Floor
San Francisco, CA 94104, US
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1001 Liberty Ave
Suite 1025
Pittsbugh, PA, US
Employees at Verus
Updates
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Today marks Anneke Meulblok's 10-year milestone with Verus! As Office Manager, Anneke wears many hats and juggles numerous responsibilities, all while maintaining a high level of grace and positivity. 🙌 Thank you, Anneke, for everything that you do!
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Congratulations to Sonia Banks on reaching 20 years with Verus! 👏 We are incredibly grateful for Sonia's dedication and diligence, especially in ensuring the Los Angeles office runs smoothly. Thank you, Sonia!
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Verus is hiring for multiple positions! Join a growing team of talented professionals who value client service, collaboration, and expertise. https://lnkd.in/gV8CAxR
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Shelter costs, a significant driver of inflation due to their weight in the CPI basket, must decrease further to help the Fed achieve its 2% inflation target. Read more in this week's Market Note: https://lnkd.in/gaQTN6BT
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Japanese stocks faced a sharp selloff following a 0.25% interest rate hike, causing significant volatility on Monday. This week's Market Note delves into the volatility spike, which was the largest in modern market history. https://lnkd.in/grZM3qJS
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Following the pandemic recovery, European economies have shown lackluster growth compared to the U.S., with Germany's economy contracting due to a decline in fixed investment and high energy prices. In contrast, France, Italy, and Spain have driven the majority of the EU's growth over the past year. Read more in this week's Market Note: https://lnkd.in/gfb2Wxvp
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Our quarterly investment landscape webinar is about to begin. We'll discuss the regime shift that appears to be occurring across markets, the seemingly unstoppable upward march of the S&P 500, what a soft landing might mean for interest rates, and much more. You can join online at: https://lnkd.in/gKkWbTTU
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Tune in on Monday to hear an analysis of the current market environment, a look back at how the markets reacted last quarter, and expectations for the coming months. https://lnkd.in/gNNwHK5h
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Historic gains in domestic small cap equities this month have sparked investor curiosity about a potential long-term run, echoing patterns from the mid-1990s where interest rate cuts led to sustained outperformance. Our latest market note delves into historical trends and the current market environment, drawing parallels to past soft landings by the Fed. https://lnkd.in/gYrpwU6z
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