portfolio management
At Allegiant, specialization is the key to our investment management philosophy. Our portfolio managers and research analysts work in independent teams. Each team focuses on a single sector or investment style. Their dedication and clear focus are reflected in the unwavering style purity of our funds.
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Martin C. Schulz, J.D.
Managing Director, International Equity
- Industry Experience: 13 years
- B.A., Cornell
- M.B.A., George Washington University
- J.D., George Washington University
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Martin is a member of the equity management team with responsibility for the international equity investment style. Martin has previous investment experience, including positions in equity research and portfolio management. Prior to joining the Allegiant Asset Management Company, he was a portfolio manager with National City Corporation. Martin received a B.A. in international relations from Cornell University, Magna cum Laude, and an M.B.A. in international business and a J.D. from George Washington University. Martin speaks fluent German and French.
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Bernard R. Horn Jr.
President and Chief Investment Officer, Polaris Capital Management
- Industry Experience: 28 years
- B.S., Northeastern University
- M.S., Massachusetts Institute of Technology
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Bernie is Founder, President and Chief Investment Officer of Polaris Capital Management, LLC, a Boston-based global and international value equity firm that manages the value portion of Allegiant’s International Equity Fund. He sets strategy, generates investment ideas and has final decision-making authority over security selection. His career includes MDT Advisers, Inc., where he managed a $40 million ERISA portfolio component; Freedom Capital Management Corporation, where he was vice president and portfolio manager and where he continues to subadvise the Freedom International Fund; and Horn & Company, which he founded as an investment counseling firm for individuals, trusts and tax qualified accounts and where he established the Global Value Limited and the Thrift Investors Limited partnerships. Bernie holds a B.S. in Business Administration from Northeastern University, an M.S. in Management from the Alfred P. Sloan School of Management at M.I.T. and is a member of the Bank Analysts Association of Boston.
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Sumanta Biswas, CFA
Vice President and Assistant Portfolio Manager, Polaris Capital Management
- Industry Experience: 12 years
- B.S., North Bengal University
- M.S., Boston College
- M.B.A., Calcutta University
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Sumanta is Vice President and Assistant Portfolio Manager at Polaris Capital Management, LLC. He conducts research and fundamental and quantitative analysis of potential investment opportunities. He also manages the Polaris Global Valuation Model, on an ongoing basis. His prior professional experience includes equity research at Delta Partners of Boston and a four-year tenure as an officer on the Securities and Exchange Board of India. Sumanta earned a B.S. degree from North Bengal University, holds a diploma in Business Finance from the Institute of Chartered Financial Analysts of India, as well as an M.S. in Finance from Boston College and an M.B.A. from Calcutta University.
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Richard V. Howe
Account Manager and Analyst, Polaris Capital Management, LLC
- Industry Experience: 35 years
- B.A., University of Virginia
- M.B.A. University of Pennsylvania
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Richard is an Account Manager and Analyst for Polaris Capital Management, LLC, with responsibility for client relations, equity research and portfolio management assistance. He has extensive industry experience, including more than 20 years as a value-oriented equity portfolio manager. He began his career with First National Bank of Chicago, as a vice president in the Institutional Investment Management Group, moved to Constitution Capital Management as a managing director of the value equity group, then became Chief Investment Officer at Tucker Anthony Management (TAMCO). When TAMCO was renamed Freedom Capital Management, he became the principal portfolio manager for value equity fund management. Richard holds a B.A. in economics from the University of Virginia and an M.B.A. from the Wharton School of Business at the University of Pennsylvania. He teaches at the Carroll Graduate School of Business at Boston College and is a member of the Boston Society of Security Analysts.
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Bin Xiao
Analyst, Polaris Capital Management, LLC
- Industry Experience: 2 years
- B.S., Beijing Institute of Technology
- M.S., Rochester Institute of Technology
- M.B.A., Massachusetts Institute of Technology
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Bin is an analyst, conducting quantitative and fundamental analysis of potential investment opportunities for Polaris Capital Management, LLC. He initially joined Polaris as an intern from 2004-2005, when he also served as an analyst for the firm. He previously held positions as a software engineer and project manager for PNC Financial Services Group, Vanguard Group and RIT Research Corporation. Bin holds a B.S. from the Beijing Institute of Technology, China, an M.S. in Computer Science from Rochester Institute of Technology and an M.B.A. from the Sloan School of Management at the Massachusetts Institute of Technology.
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Andry Sutanto
Analyst, Polaris Capital Management, LLC
- Industry Experience: 3 years
- B.A., Boston University
- M.S., Northeastern University
- M.B.A., Northeastern University
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Andry joined Polaris Capital Management in January 2005. His responsibilities include quantitative research and building efficiencies into the proprietary investment technology, which is an integral part of the firm’s investment process. Andry served most recently as a research and teaching assistant for the finance and MIS departments of Northeastern University. He previously was a computer engineer with the Cambridge Research Group. Andry holds a B.A. from Boston University and earned the dual degrees of M.S. in Finance and M.B.A. from Northeastern University.
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Quick Stats |
as of
10/31/2008 |
| Inception |
8/1/1997 |
| Ticker |
AIEIX |
| CUSIP |
01748E120 |
| Net Assets |
$216,554,798 |
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Morningstar Style
Foreign Large Blend
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Daily Price |
as of
11/18/08
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NAV |
POP |
Chg ($) |
Chg (%) |
| $8.71 |
$8.71 |
-$0.05 |
-0.57% |
Risk/Reward Chart
Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown here.
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