A Legacy of Trusted Advice & Exceptional Results

Founded in 1981, Sit Investment Associates is a privately held, multi-billion-dollar asset management firm that provides focused investment management expertise, competitive long-term results, and unparalleled service to our clients.

World Class Investment Managers Specializing in Growth Equity & Yield-Advantaged Fixed Income Strategies

Sit Investment Associates is one of the largest independent, minority-owned investment firms in the U.S. For over 40 years our success has been built on long-term client relationships, which in turn are built on a foundation of trust, commitment, understanding, and expertise. We take pride in serving as a true extension of our clients’ operations. Our highly experienced and knowledgeable investment professionals work directly with clients providing highly individualized service in an increasingly challenging economic and financial environment.

Exceptional Performance and Service

We employ a disciplined, fundamental, research-driven investment process guided by highly experienced and knowledgeable senior investment professionals who interact directly with our clients. As a result, our clients can count on the firm to achieve highly competitive results, coupled with exceptional client service.

Our Investment Approach

We view investing as the practice of applying a consistent philosophy and collaborative decision-making process driven by disciplined, fundamental research. Our broad top-down analysis in tandem with extensive bottom-up analysis enables us to identify, assess and understand the securities in which we invest.

Market Commentary

November 8, 2022

U.S. equities rallied in the second half of October on better-than-feared third-quarter corporate earnings and the hope the Federal Reserve will soon start to scale back monetary tightening.  Following the widely-expected 75-basis point interest rate hike on November 2, Federal Reserve Chair Powell once again quelled the market’s recurrent “peak Fed hawkishness” narrative by asserting that rates still have “some ways to go” and could be higher than expected.  As a result, the yield on 10-year Treasuries is back on the rise, putting downward pressure on stock valuations.  Still, the fear of missing out may continue to offer a solid underlying bid for stocks during the historically strong fourth quarter.

Evidence suggesting the U.S. economy will enter a recession by the second half of 2023 continues to mount.  While consumer spending remains relatively resilient as households draw down excess savings and tap revolving credit, high prices, economic uncertainty, and wealth destruction are taking a rising toll.  On the positive side, inflation is likely peaking, and many of the supply issues that contributed to higher prices have improved.

Given the high level of macro uncertainty and wide range of potential outcomes, portfolios remain well diversified across sectors with a quality bias.  Nonetheless, market dislocations continue to present attractive stock-picking opportunities for investors with a medium to long-term horizon.

For our latest full Global Investment Outlook & Strategy Update, download the .pdf document.

Strategies

Our broad array of investment products encompasses the complete risk spectrum – from capital preservation to capital appreciation—enabling us to meet our clients’ entire range of investment objectives.

Performance

We are committed to a disciplined, fundamental, research-driven investment process. As a result, clients can count on the firm to achieve highly competitive results in tandem with exceptional client service.

Mutual Funds

Sit Mutual Funds is a family of mutual funds covering the entire risk spectrum, from stability of principal to high growth and grounded in our well-defined, hands-on management style and disciplined investment process.

Meet our experienced investment professionals responsible for active management of our client portfolios.