Stephen Dale Morgan

Capital One Asset Management's (COAM) equity philosophy is based on a core belief that fundamentals ultimately drive stock prices. Within the domestic (US) market, COAM manages separately-managed account (SMA) portfolios of common stocks using a proprietary process that combines two major, complementary components: a fundamental equity evaluation and ranking component, and a risk-controlled portfolio construction component. In evaluating common stocks to determine their candidacy for inclusion in portfolios, COAM focuses on identifying stocks with a superior potential for earnings growth relative to its peers and the valuation level of stocks relative to earnings growth potential. The firm's proprietary equity strategies include: Institutional Large-Cap Core, Large-Cap Growth, Large-Cap Value, Large-Cap Leaders, Mid-Cap Core, Small-Cap Value, Defined Growth, and Diversity Leaders. COAM manages fixed income portfolios on both a passive (buy and hold or laddered maturity) and active basis according to the Bank’s client direction and portfolio size. The firm's investment process is designed to produce positive excess return to the selected benchmark over the longer term through modest duration adjustments, yield curve positioning, modest to significant variations in sector emphasis and security selection. COAM typically employs the use of sector and security emphasis in sectors such as corporate bonds, mortgage-backed securities, and municipal bonds in the pursuit of excess returns. In addition, allocations to securities/sectors not included in the benchmark may also be utilized, with limitations, where permissible,to enhance the portfolio’s return. Actively managed proprietary strategies employed by COAM may encompass all dollar-denominated investment grade securities, including but not limited to, US Treasury securities, US Agency securities, Agency Mortgage Backed Securities (MBS), corporate securities, Commercial Mortgage Backed securities (CMBS), and Municipal securities. COAM’s strategies target defined maturity and duration ranges and include cash and equivalents, ultra-liquid, ultra-short, intermediate, and long strategies as well as tax- exempt variants.

Functions as a College/University

Functions as a College/University

Hancock Whitney-IM builds investment portfolios customized to their clients’ goals. The firm’s comprehensive investment strategies encompass both traditional and alternative asset classes, individual security selection, and niche strategies for clients with unique needs.