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.
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.
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.
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.
President Trump signed the sweeping tax and spending legislation, the One Big Beautiful Bill Act (OBBBA), into law on July 4. Avoiding a massive fiscal cliff, the bill makes permanent many of the provisions of the 2017 Tax Cuts and Jobs Act (TCJA) that were slated to expire at year-end. The bill also introduces new deductions for tipped and overtime workers, seniors, and loan interest on U.S.-built vehicles, all of which end in 2028, and lifts the state and local tax deduction cap until 2029. Cuts to healthcare and nutrition assistance programs help offset the cost of domestic production incentives and increased spending on defense and border security. The Congressional Budget Office projects that the bill will raise deficits by $3.4 trillion over the next decade relative to its January 2025 baseline. Much of OBBBA’s lofty price tag is due to making expiring TCJA provisions permanent, dulling the stimulative effect. Yet, Oxford Economics projects that the bill could boost real GDP growth by +0.1 percent in 2025 and +0.7 percent in 2026, but is offset by drags from tariffs and immigration restrictions.
We continue to prioritize diversification across our portfolios amid ongoing uncertainty. From shifting trade policies to fragile near-term macro trends and complex geopolitical tensions, the global landscape remains highly unpredictable and deeply interconnected. Yet, looking ahead to 2026, we see reasons for optimism. Trade tensions are likely to ease, and pro-growth fiscal measures, particularly those incentivizing U.S. capital investment, are poised to unlock the next phase of economic expansion and spark broad-based growth across the U.S. industrial sector. While manufacturing activity has remained steady, with strength concentrated in data centers, energy infrastructure, and aerospace, we expect momentum to broaden into segments such as automation, industrial machinery, electrical equipment, and even the beleaguered U.S. housing market. Additionally, the accelerating trend of “reshoring” U.S. manufacturing is likely to be a boon for transportation, engineering, and construction companies.
For our latest full Global Investment Outlook & Strategy Update, download the pdf document.
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.
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.
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.