STATISTICS AS OF 3/31/14
- Assets under
Over $86.7 billion
- 242 institutional clients nationwide
- We expect growth in 2014 of 2.5% to 3.0%.
- Higher interest rates are necessary for savers as the economic recovery continues.
- Growth finally accelerating, Headwinds to growth subside.
Galliard Capital Management is pleased to announce the reopening of the Wells Fargo Stable Return Fund. The $30 billion stable value fund, temporarily limited in 2013 in response to the Federal Reserve’s commitment to preserve historically low interest rates, is now available to new investors.
Dave Ferry, Senior Director at Galliard and advisor to the Fund, confirmed the news. Ferry noted that the Fund’s reopening followed a meaningful rate jump in the second quarter of 2013. The jump, positively reflected in 10-year Treasury yields, prompted Galliard executives to reevaluate the Fund’s hiatus. According to Ferry, the Fund welcomes new investors with a minimum investment of $5 million in stable value assets.
Galliard Capital Management is pleased to welcome Jennifer Lammers to its Compliance team. As Chief Compliance Officer, Jennifer is responsible for Galliard’s compliance program and for regulatory matters.
Before joining Galliard, Jennifer served as Chief Financial Officer and Chief Compliance Officer for Fiduciary Counseling Inc. and as Chief Compliance Officer for Clearwater Management Company and Clearwater Investment Trust. Her diverse professional experience includes managing the internal audit department for a Fortune 500 company and acting as the controller for a start-up company. Jennifer, a certified public accountant, holds a B.S. from Brigham Young and an MBA from the University of Houston.
Galliard also welcomes Kaleigh Causey and Evan Hewitt as client portfolio analysts. Before joining Galliard, Kaleigh served PIMCO as a senior associate in its financial institutions group. She holds a B.S. from the University of California, Los Angeles. Evan Hewitt, before joining Galliard, served 3M as a foreign exchange and treasury analyst. Evan received his B.A. from Macalester College.