Ivka Kalus, a recognized leader in international and global equity management and a pioneer in ESG/SRI investing, has launched Promethos Capital. The firm seeks to invest according to client values by using her time-tested risk management process and quantamental, factor-based security evaluation.
Kalus was named among the top five female portfolio managers in the U.S. and among the top 20 globally by Citywire last year.1 In her previous role at Boston Advisors, she managed an international equity fund that was a top performer in its Morningstar and Lipper peer groups. Prior to that, she was senior portfolio manager of the Pax World International Fund and Pax World Global Womens Equality Fund.
Its been my dream to start an investment firm that is reflective of my core belief that values-based investing, careful financial stewardship and performance generation are not mutually exclusive, said Kalus. At Promethos, our investment process ensures that we stay true to client values while seeking to generate market-beating returns through a disciplined, systematic, high-conviction investment process that targets market inefficiencies.
Kalus will serve as Chief Investment Officer. She is joined by President John Linnehan and Director of Research Joe Sylvester. With average industry experience of over 25 years, the partners have held senior roles at multiple firms including Guggenheim Investments, JP Morgan, Pioneer Investments, and Cambridge Advisors.
Fewer than 10% of U.S. investment managers are women and they manage under 5% of all investment assets, said Linnehan. With the launch of Promethos, we are providing necessary diversification and a compelling alternative by introducing a majority women-owned investment firm with a distinctive approach, that mirrors the rigorous deployment of capital requirements of investors today.
We offer our clients concentrated high alpha investment solutions, said Sylvester. Ivkas ability as an investor with a history of outperforming the broader market and peers is driven by her unique risk-based investment process.
Promethos launched four concentrated, multi-cap equity strategies in March, including International, Global Gender Forward, Social Values, and International ADR, and will shortly launch a climate change strategy.
1 In July 2018, Kalus was ranked third among U.S.-based female managers of equity international multi-cap core funds and 19th internationally for performance of the Catholic Investor International Equity Fund (KCIIX) by Citywire.