In
the late 1960s Robert Colby co-founded Marcinvest Fund, a no load equity mutual fund
in Canada. As manager, he developed a valuation methodology to ascertain
whether street expectations were already discounted in the stock prices. In the
early seventies Marcinvest was merged with Altimira Management and Robert
continued as the sole equity manager.
In
1976, he moved to Boston to sell an institutional equity valuation service
(under Colby Equity Valuations, Inc.). The valuation model was computerized in order to cover a large
number of equities. Its primary goal is in identifying overvalued and
undervalued equities.
The
institutional clients who subscribed to the service included Allied Signal,
Canadian Pacific, Canadian Broadcasting, General Electric, Ontario Hospital
Association and Ontario Municipal Retirement System, Choate Hall & Stewart,
Fidelity International, Fiduciary Trust Company, The First Church of Christ
Scientist, Gardner & Preston Moss, Harvard Management Corporation,
Jarislowsky Fraser, Massachusetts Financial Services, Thorne Ernst &
Whinney, United Financial Management and Wellington Management. In addition,
Robert was President of Manasset Corporation, a family office in Providence,
RI. Mr. Colby’s equity valuation service was re-started over 7 years ago.
Robert
Colby has had extensive corporate Board experience both as board member and
officer of a number of for profit and non-profit organizations. A graduate of
McGill University, he maintains residences in Dedham, Ma and Georgeville,
Quebec.
Is there a non-load mutual fund available to the public that currently uses your analysis to guide their investments?
ReplyDeleteNot at the moment but if there is I will post it.
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