Why this money manager is taking profits from private equity to deploy in public markets

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Why this money manager is taking profits from private equity to deploy in public markets
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The Globe and Mail spoke recently to portfolio manager Ida Khajadourian about what she’s been buying and selling

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“Stock selection is so important in this kind of environment because some companies are trading at ridiculously low valuations – they’ve just been thrown out,” says Ms. Khajadourian, portfolio manager and investment advisor with Khajadourian Wealth Management at Richardson Wealth Ltd. in Toronto. Ms. Khajadourian and her team oversee about $940-million in assets, including an index-beating U.S. income and growth portfolio that accounts for about 15 to 20 per cent of her typical discretionary client portfolio.

The remainder of her client portfolios includes global and Canadian equities and a mix of alternative assets. The Globe spoke recently with Ms. Khajadourian about her investment strategy and what she’s been buying and selling:We implement what I call an ‘evolutionary portfolio construction process.’ We incorporate various asset classes across different geographies.

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