Points of Distinction
Three competitive advantages have enabled Progress to build a distinguished performance track record:
Exclusive Focus on One Investment Discipline
Finding new talent and managing diversified, risk-controlled portfolios of emerging managers is all we do. This has been our exclusive business focus since we opened our doors. Our firm’s revenues are 100% derived from this one activity.
Breadth and Depth of Experience and Resources
Progress has developed more emerging manager programs, including separate account strategies tailored to client objectives, in more asset classes and sub-asset classes than any other firm. In our annual, we have funded over 100 emerging managers and worked as a strategic partner with some of the world’s largest public and corporate plans. The Progress database of 2000+ emerging manager strategies is one of the most comprehensive resources in the industry. Our professionals, with extensive expertise investing in emerging managers, have access to an ample suite of tools and systems for return and risk attribution.
Extraordinary Commitment to Emerging Managers and Clients
Progress works with our managers in direct and consultative capacities to support and improve their back office and trading systems, investment process, business development efforts, personnel hiring and development and strategic planning. We conduct periodic seminars such as CEO Roundtables, and our Plan Sponsor and Emerging Manager Conference, now in its 14th year, brings industry experts, funded managers and clients together to share best practices in the investment management industry. Further, we are happy to evaluate and recommend emerging firms for graduation to direct hire, and we share our current Focus List of managers with clients who are interested in direct hiring. There are no additional fees associated with any of these services. We consider such consultative support to be part of our role in helping our managers and our clients to succeed.