Q3 2024 All Cap Value Commentary
The third quarter of 2024 (Q3 2024) marked a significant, yet anticipated change to the Federal Reserve’s (the Fed) monetary policy outlook.
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Portfolio Manager
Easterly | Snow
Richard is a Co-Chief Investment Officer at Easterly Investment Partners (EIP).
He is also the Founder and Managing Principal of Snow Capital. Richard’s investment experience dates back to 1980 when he formed R.A.S. Capital Management, managing private family assets. His success in growing these assets became well known in high net worth circles, leading advisors of wealthy individuals to solicit Richard to manage their clients’ assets. In 2001, Richard restructured R.A.S. as Snow Capital Management L.P. to attract and retain other quality investment professionals and to grow the firm’s account base. Over time, he has assembled and developed a strong investment team who continue to apply his fundamental, bottom-up stock picking process of value investing. Richard holds a B.A. from Duquesne University and an MBA in finance from the University of Pittsburgh.
The third quarter of 2024 (Q3 2024) marked a significant, yet anticipated change to the Federal Reserve’s (the Fed) monetary policy outlook.
Learn MoreIn Q2 2024, capital market participants continued to sift through various economic indicators looking for any signal that the Federal Reserve (the “Fed”) would begin to cut interest rates.
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