Publications & White Papers

For performance of the most recent quarter end or a list of holdings as of the most recent month end, click here.
 

 

Current Publications
Title Author(s) Summary Date
Strategy Insight - Does G.O. Spell Go?
Gregory Steier and Dora Lee In this article, we look broadly at the local government sector and ask ourselves whether it deserves its gilded status. June 2014
Strategy Insight - Value Investing Five Years After the Great Financial Crisis
Tim Hartch The S&P 500 index closed on March 9, 2009 at 676. Five years later, the index stands at over 1,800. On a total return basis with dividends reinvested, U.S. equities are up more than 200%. While the rebound elsewhere has not been as spectacular as in the U.S., European and Japanese equities are still up 130%-150% on a total return basis over the past five years. The surge in developed market equity prices has been accompanied by a dramatic change in sentiment: whereas in March 2009 most investors were extremely pessimistic and fearful of a systemic collapse, many investors today see equities as likely to march higher boosted by perpetually easy monetary policies and technological innovation. April 2014
BBH Core Select (BBTEX)
Litman Gregory We recently had three separate conversations with members of the BBH Core Select Investment Team.  The goal of these conversations was to get an update on the portfolio and walk through the team's analysis of the two most recent portfolio additions. April 2014

 


Archive Publications

This information is historic in nature and should not be relied on in making an investment decision.

Title Author(s) Summary Date
Margins of Safety
ValueInvestor Insight Value investors can err by lowering their business-quality standards in order to get a bargain price. That’s not a mistake Tim Hartch, Regina Lombardi and Michael Keller is likely to make. December 2013
Consuelo Mack WealthTrack Featuring Tim Hartch
WealthTrack In a wide ranging interview, host Consuelo Mack and Tim discuss why we think the market has become more challenging from a valuation perspective, BBH Core Select and BBH Global Core Select’s bottom up approach, and why we believe a concentrated portfolio works best for our investors. Bill Priest, CEO and portfolio manager of Epoch Investment Partners, is featured as well. May 2013
BBH Core Select - A New Mutual Fund for Rough Markets
TheStreet.com - Stan Luxenberg The Street writer, Stan Luxenberg interviews Tim Hartch about the recently launched BBH Global Core Select fund. Please note this is a non-print pdf. All articles from Wright's Media are protected by copyright. No articles nor portions thereof may be reproduced or redistributed without prior authorization from Wright's Media. April 2013
BBH Core Select N BBTEX - Morningstar Reprint
MorningStar - Shannon Zimmerman On Oct. 17, BBH announced that this large-blend fund will close to new investors when its asset base of approximately $3.3 billion reaches roughly $3.5 billion. It’s a wise decision. Assets have more than doubled in the past 12 months, with the fund taking in some $677 million in the year’s third quarter alone. October 2012
BBH Core Select - Litman Gregory Update
Litman Gregory Litman Gregory remains confident that the BBH Core Select team has a sustainable investment edge derived from its people, process, and philosophy. BBH Core Select remains Recommended in their Larger-Cap Blend category. August 2012
Prices Vary, Values Don't
Barron's Magazine Please note this is a non-print pdf. All articles from Dow Jones publications are protected by copyright. No articles nor portions thereof may be reproduced or redistributed without prior authorization from Dow Jones & Company, Inc. June 2011
Due Diligence Report
BBH Core Select (BBTEX)
Litman/Gregory’s AdvisorIntelligence - Due Diligence Report "BBH Core Select (BBTEX) ....we are confident that the BBH Core Select team has a sustainable investment edge derived from its people, process, and philosophy, and we are adding the fund to our Recommended list in the Larger-Cap Blend category. February 2011
Levelheaded
Morningstar Advisor- Undiscovered Managers "Levelheaded"..."Skittish about stocks? The managers of BBH Core Select have carefully constructed a 30-name portfolio that has been more stable than the market." April/May 2010
Boring is likely better
Value Investor Insight "Boring is likely better" High Quality companies that best weathered the crisis weren't the biggest stock-market winners over the past year. Brown Brothers' Tim Hartch and Michael Keller dont' expect that to be the case in the coming one. February 2010