A New Paradigm for Stocks: Digital vs. Decline, Not Growth vs. Value
Daily Prices as of 3/20/19
|Emerging Opportunity Fund||$12.26|
|Strategic Income Fund||$11.04|
|Total Return Fund||$10.15|
|Strategic Investment Fund||$14.27|
Outlooks & Commentary
Conventional wisdom dictates that recessions occur every time the yield curve inverts, but in our view that is an oversimplification.Learn More
The fourth quarter of 2018 was challenging – markets turned bearish almost overnight and most indexes finished down for the year. But amidst the doom and gloom, there are still plenty of positives for the market, so it remains to be seen if sentiment improves or if the selloff continues.
Although many of the risks that led to the brutal fourth quarter selloff have not yet been resolved, we remain cautiously optimistic about 2019 as several key economic indicators are still positive and market dislocations like the recent correction often create very attractive buying opportunities.
In their latest outlook, the Total Return team discusses the implications of an inverted yield curve as well as why they are more optimistic about the health of the investment grade credit market than the prevailing view.
In his 2019 preview, Jim Callinan explains why he feels retail businesses are the likely engines for growth and shares his views on sectors and firms that should outperform.Learn More
News & Updates
Barron’s interviewed Jim Callinan to get his thoughts on the small-cap growth segment and some of his favorite stocks.
Read about several of the stocks that Jim Callinan, Portfolio Manager for the Osterweis Emerging Opportunity Fund, is invested in, and why he chose them.
Eddy Vataru, lead Portfolio Manager for the Total Return Fund, was recently interviewed by Advisor Perspectives.
Carl Kaufman Discusses How the Osterweis Strategic Income Fund has continued to thrive in today’s challenging fixed income market.
An Introduction to OCM
In 1983, John Osterweis founded Osterweis Capital Management to manage assets for individuals, families, endowments and institutions. Now entering our fourth decade, we are an integrated firm with over fifty employees, managing $6.7 billion in assets.
Our clients, many of them with us for decades, know we’ve gotten here through an unwavering commitment to one purpose : To protect and grow our clients’ capital for the enduring security of multiple generations.
Criteria for Recommended Funds: Recommended funds are evaluated by Litman Gregory based on a combination of qualitative and quantitative measures, including absolute and relative long-term performance metrics when compared to an appropriate benchmark and peer group, manager skill, investment process and the discipline by which the process is applied, quality and tenure of research team, shareholder orientation, assets under management, and fund expenses. Recommended reflects Litman Gregory’s confidence in a fund’s potential to outperform a relevant benchmark over the long term.
The Osterweis Funds and other products and services described on this website are intended to be made available to U.S. investors only. Shares of the Funds are currently offered only in the United States and are not available for sale in any jurisdiction other than the United States. The information on this website is neither an offer to sell nor a solicitation of an offer to buy a mutual fund, security or service in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful. Please read these Terms and Conditions.
The Osterweis Funds are available by prospectus only. The Funds’ investment objectives, risks, charges and expenses must be considered carefully before investing. The summary and statutory prospectuses contain this and other important information about the Funds. You may obtain a summary or statutory prospectus by calling toll free at (866) 236-0050, or by visiting www.osterweis.com/statpro. Please read the prospectus carefully before investing to ensure the Fund is appropriate for your goals and risk tolerance.
Mutual fund investing involves risk. Principal loss is possible.
Osterweis Capital Management is the adviser to the Osterweis Funds, which are distributed by Quasar Distributors, LLC.