MD Physician Services’ Chief Investment Officer William R. Horton appeared on BNN’s Business Day to discuss MD’s approach to portfolio construction and management. Mr. Horton offered an overview of how MD engineers its strategic and tactical asset allocation decisions in order to always put physicians first.
MD's advice starts with a strategy. An MD advisor works with a client to determine the purpose and time horizon of an investment, factoring in the individual’s risk capacity (the circumstances that determine one’s ability to financially withstand short-term volatility in favour of achieving long-term goals). Based on this strategic approach, a portfolio is created. The asset allocation within that portfolio then gets adjusted quarterly, based on in-depth economic research that signals shorter term (usually measured in months rather than multiple years), temporary opportunities to potentially add incremental value to portfolios. MD diligently reviews, selects and manages their global portfolio managers to ensure best-in-class thinking combined with in-depth research support both its strategic and tactical decisions, and ultimately deliver the highest value to clients.
As Mr. Horton says in the interview, MD constantly reinvests in its business “to add value to our clients.” MD’s expert approach to portfolio management and lower MER’s are just a few of the ways MD has been operating for over 40 years.
To watch the March 23 interview, click here. Please note that it may take 15-30 seconds for the video to appear on the page.