Maury Leonard Fertig

Directeur/Membre du Conseil chez

Jewish United Fund of Metropolitan Chicago

Finance

Consumer Services

Commercial Services

Profil

Mr. Maury L.
Fertig is Co-Founder & Chief Investment Officer at Relative Value Partners Group LLC (RVP).
He is on the Board of Directors at Jewish United Fund of Metropolitan Chicago.
Prior to co-founding RVP, Mr. Fertig spent 17 years at Salomon Brothers/Citigroup working in Institutional Fixed Income and eventually as Head of Midwest Corporate Bond Sales.
He started his career at KPMG Peat Marwick, as a Senior Accountant.
He earned a Bachelor of Science in Accountancy from the University of Illinois and a Master of Business Administration from Northwestern University’s Kellogg School of Management.
He is also a Certified Public Accountant.

Postes actifs de Maury Leonard Fertig

Sociétés	Poste	Début
Jewish United Fund of Metropolitan Chicago Jewish United Fund of Metropolitan Chicago Miscellaneous Commercial ServicesCommercial Services Provides critical resources that bring food, refuge, health care, education and emergency assistance	Directeur/Membre du Conseil	-

Tous les postes actifs de Maury Leonard Fertig

Anciens postes connus de Maury Leonard Fertig

Sociétés	Poste	Fin
Relative Value Partners Group LLC Relative Value Partners Group LLC Investment ManagersFinance RVP employs a number of strategies based on relative value principles to help clients achieve and maintain wealth while taking into account risk tolerance, tax concerns and other life circumstances. The firm utilizes multiple actively managed strategies. They also manage passive portfolios, and in some scenarios, may recommend a combination of active and passive strategies. The firm primarily invests in debt, equity and preferred securities, as well as closed-end funds and ETFs.	Fondateur	01/08/2024
Relative Value Partners LLC Relative Value Partners LLC Investment ManagersFinance Relative Value Partners (RVP) is a multi-cap value manager that seeks to identify mean revision opportunities across sectors among the 1,000 fixed-income and equity closed-end funds and ETFs. The firm does not invest in individual common stocks. RVP employs a relative value approach that stays fully invested in the market at all times. Their strategy is based on the idea that markets are mean reverting over time. RVP looks for relative value in asset classes or sectors that are currently trading at historically low valuations. The firm seeks to outperform their balanced and equity benchmarks by 200 to 300 bps annually, net of fees. In fixed-income, they strive to add 75 to100 bps net over a fixed-income benchmark, with a large portion of income being tax-exempt. RVP's investment selection process begins with consideration of over 20 different variables. They focus on out-of-favor sectors that are priced at a discount to the overall market and to their historical valuation. The firm has the ability to short overvalued funds to capitalize on relative value opportunities between sectors. They focus on preserving capital and delivering after-tax total return. RVP's products include balanced accounts, equity accounts, fixed-income accounts and absolute return accounts. In their balanced accounts, portfolios are structured to outperform a custom blend of the S&P 500 and the Lehman Aggregate Bond Index. This strategy is extremely tax efficient and concentrates on delivering after-tax total return. RVP's equity strategy provides less diversification and more concentration than their balanced strategy. The strategy invests across all market-caps and also invests in international and emerging markets funds. The portfolio may own fixed-income funds when RVP believes that these funds are likely to provide equity-like returns. Accounts are managed in a tax-efficient manner and are constantly monitored for short-term capital gains. RVP's fixed-income strategy focuses on maintaining high credit quality and providing an above market after-tax yield, while preserving capital. The firm's primary risk management tool is their proprietary fixed-income model which measures key variables such as duration and credit quality. Portfolios are customized based on each client's target duration. The firm's absolute return strategy seeks to provide a positive return regardless of the returns of the broad market indices. The strategy is managed against a cash benchmark. RVP's goal is to outperform cash by 300to 500 bps. They employ various strategies to accomplish this including: closed-end fund risk arbitrage, opportunistic trading of closed-end funds and sector selection investments made through closed-end funds or ETFs. The firm employs market timing strategies using a variety of sentiment indicators and proprietary tools. When opportunities arise, RVP takes advantage of over-sold and over-bought situations.	Fondateur	01/07/2015
Hillel: The Foundation For Jewish Campus Life Hillel: The Foundation For Jewish Campus Life Miscellaneous Commercial ServicesCommercial Services Operates as a Jewish campus organization	Corporate Officer/Principal	-
University of Illinois University of Illinois Other Consumer ServicesConsumer Services Functions as a College/University	Corporate Officer/Principal	-
Salomon Brothers Salomon Brothers Investment Banks/BrokersFinance A Wall Street invesment bank.	Corporate Officer/Principal	31/12/2003

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Entreprise privées	7
Relative Value Partners LLC Relative Value Partners LLC Investment ManagersFinance Relative Value Partners (RVP) is a multi-cap value manager that seeks to identify mean revision opportunities across sectors among the 1,000 fixed-income and equity closed-end funds and ETFs. The firm does not invest in individual common stocks. RVP employs a relative value approach that stays fully invested in the market at all times. Their strategy is based on the idea that markets are mean reverting over time. RVP looks for relative value in asset classes or sectors that are currently trading at historically low valuations. The firm seeks to outperform their balanced and equity benchmarks by 200 to 300 bps annually, net of fees. In fixed-income, they strive to add 75 to100 bps net over a fixed-income benchmark, with a large portion of income being tax-exempt. RVP's investment selection process begins with consideration of over 20 different variables. They focus on out-of-favor sectors that are priced at a discount to the overall market and to their historical valuation. The firm has the ability to short overvalued funds to capitalize on relative value opportunities between sectors. They focus on preserving capital and delivering after-tax total return. RVP's products include balanced accounts, equity accounts, fixed-income accounts and absolute return accounts. In their balanced accounts, portfolios are structured to outperform a custom blend of the S&P 500 and the Lehman Aggregate Bond Index. This strategy is extremely tax efficient and concentrates on delivering after-tax total return. RVP's equity strategy provides less diversification and more concentration than their balanced strategy. The strategy invests across all market-caps and also invests in international and emerging markets funds. The portfolio may own fixed-income funds when RVP believes that these funds are likely to provide equity-like returns. Accounts are managed in a tax-efficient manner and are constantly monitored for short-term capital gains. RVP's fixed-income strategy focuses on maintaining high credit quality and providing an above market after-tax yield, while preserving capital. The firm's primary risk management tool is their proprietary fixed-income model which measures key variables such as duration and credit quality. Portfolios are customized based on each client's target duration. The firm's absolute return strategy seeks to provide a positive return regardless of the returns of the broad market indices. The strategy is managed against a cash benchmark. RVP's goal is to outperform cash by 300to 500 bps. They employ various strategies to accomplish this including: closed-end fund risk arbitrage, opportunistic trading of closed-end funds and sector selection investments made through closed-end funds or ETFs. The firm employs market timing strategies using a variety of sentiment indicators and proprietary tools. When opportunities arise, RVP takes advantage of over-sold and over-bought situations.	Finance
Salomon Brothers Salomon Brothers Investment Banks/BrokersFinance A Wall Street invesment bank.	Finance
University of Illinois University of Illinois Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Hillel: The Foundation For Jewish Campus Life Hillel: The Foundation For Jewish Campus Life Miscellaneous Commercial ServicesCommercial Services Operates as a Jewish campus organization	Commercial Services
Jewish United Fund of Metropolitan Chicago Jewish United Fund of Metropolitan Chicago Miscellaneous Commercial ServicesCommercial Services Provides critical resources that bring food, refuge, health care, education and emergency assistance	Commercial Services
Kellogg School of Management Kellogg School of Management Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Relative Value Partners Group LLC Relative Value Partners Group LLC Investment ManagersFinance RVP employs a number of strategies based on relative value principles to help clients achieve and maintain wealth while taking into account risk tolerance, tax concerns and other life circumstances. The firm utilizes multiple actively managed strategies. They also manage passive portfolios, and in some scenarios, may recommend a combination of active and passive strategies. The firm primarily invests in debt, equity and preferred securities, as well as closed-end funds and ETFs.	Finance