The pursuit of excellence – as a manager, partner, and employer – drives everything we do. We also value accountability, compassion, courage, fairness, and independence. And these values manifest in our thoughtful, high-touch service; in our firm-wide intellectual curiosity and deep industry expertise; and in our transparency with both clients and colleagues. Empathy is not a hindrance, nor is it incompatible with risk and investing. In fact, we think it provides an edge.
A key differentiator is our stability, which stems from our independent ownership. We’re largely employee-owned and aren’t beholden to the interests of a corporate parent. Therefore, we’re able to maintain an entrepreneurial zeal that allows us to pursue the best opportunities in the marketplace as we see them arise. Our independence and spirit of innovation have driven remarkable employee tenure, which helps reduce turnover risk for our clients.
Wealth Management
Comprehensive planning and investing, delivered with compassion
Over Bailard’s more than 50-year history, we’ve served a broad range of clients from entrepreneurs, experienced executives, medical professionals, individuals undergoing an IPO, founders, and multi-generational families to foundations and endowments. The core of our multi-faceted approach is understanding what matters to you.
Asset Management
Innovative approaches designed to enhance returns and manage risk
Bailard pursues opportunities where we perceive a definable advantage across public and private markets. We build upon innovative approaches that seek to enhance returns and manage risks while helping meet our clients’ needs. As a values-driven firm, we are proud of our decades-long history of managing assets for a diverse client base that includes corporations, endowments/foundations, and government entities as well as individuals and families.
Thought Leadership
Quarterly International Equity Strategy Q4 2024
January 22, 2025
Non-U.S. equities faced meaningful headwinds in a quarter of political intrigue among some of the world’s most critical democracies. Many central banks continued to lower short-term interest rates, reducing one strain on borrowers and the economy. At the same time, those same actions put downward pressure on currencies with only the Israeli shekel rising against the greenback in the quarter. Still, lower rates relative to the U.S. may be the driver of value recognition; even with earnings growth that isn’t keeping up with U.S. companies’, foreign stocks appear better than fairly priced.
Quarterly Technology Equity Strategy Q4 2024
January 17, 2025
The Bailard Technology Strategy posted a 4q24 total return of 3.06% net of fees, trailing both the cap-heavy benchmark index (S&P North American Technology Index) and the competitor-comprised benchmarks. The Morningstar U.S. Open End Technology Category returned 5.94% and the Lipper Science and Technology Fund Index returned 5.86%, while the S&P North American Technology Index generated 5.92% return and the Nasdaq-100 Index returned 4.93%.
Quarterly Small Value Strategy Q4 2024
January 17, 2025
A surprisingly hawkish tone from the Federal Reserve board in December suggesting that they plan to keep interest rates “higher for longer” drove market participants back into the arms of large cap growth stocks. Fear of a slower economy with persistent inflation and higher interest rates in the short term countered earlier enthusiasm for smaller cap stocks driven by the potential for a lower regulatory burden under the Trump administration starting in 2025.
There is no guarantee Bailard or any of its strategies will achieve their performance or investment objectives. Past performance is no indication of future results. All investments have the risk of loss. Neither Bailard nor any employee of Bailard can give tax or legal advice. Please consult your tax or legal professional for such advice.