Asset Rotation: The Demise of Modern Portfolio Theory and the Birth of an Investment Renaissance

ABOUT THE AUTHOR

Matthew P. Erickson is the CEO and chief investment officer for Renaissance Capital Management, LLC, a boutique investment management firm located in metropolitan Detroit, Michigan. Concurrently, Matt also serves as the CIO for Legacy Planning & Associates, Inc., an affiliated financial planning firm based out of Grand Rapids, Michigan. Among Matt’s primary functions is the day to day oversight and portfolio management of the firms’ proprietary investment portfolios.

Each of the Renaissance Portfolios are managed in accordance to Matt’s proprietary systematic and tactical methods of asset management; blending together three stylistically different approaches to investment management, including tactical managed ETF portfolios, opportunistic individual stock portfolios, and traditional Modern Portfolio Theory based allocations with a “beta rotation” overlay. By combining these three unique approaches into one overarching portfolio, investors are provided with a higher degree of diversification.

Prior to starting his own asset management firm, Matt was a partner in a successful wealth management advisory practice at UBS Financial Services, overseeing more than $350 million in private client assets.

Matt and his wife, Jill, currently reside in Canton, Michigan, with their daughter, Mackenzie, and son, Jacob.