#assetmanagement

Interesting to see MPC cut St. Paul Park and Mandan loose.

And so continues the long grind of disposing of legacy TSO assets. One can only wonder how long the rest of them will be kept around.

Had a meeting earlier with T---H---Looks like they are selling the Montney asset early as the new year to “shift capital to other areas “

Which asset is next for the chopping block?

Cromwell Long Short is the hedge fund MoA announced with some fanfare but has barely mentioned since. After raising $100 million in 2024, the fund has lagged its benchmark by about 12.5%. MoA waived fees every year — first 40 bps, then 190 bps—so the numbers are inflated. The firm has now started charging a lower 170 bps fee.

That $100 million was the largest single account MoA has ever won and played a role in Rich becoming CEO. Even so, the client has pulled about $40 million over the two years, roughly a third of the original capital, despite 32% returns since inception. Those redemptions are the real reason the firm has gone quiet on the fund.

Cromwell Long Short is a quant fund or they use 3rd party quant model to get buys and sells. Supposedly MoA shares fees with the model provider. Results kind of speak for themselves.

Hey, Ai. what are the odds? ...fees remain a headwind. Gross expense ratios sit around 2.0–2.3%; the net/capped level is ~1.70% institutional / 1.95% investor after waivers (management fee is 1.40%). That is expensive for a strategy that delivers substantial equity beta.
Assets have stayed around $90–93 million. The earlier $100 million commitment and subsequent redemptions (roughly one-third of capital) signal limited conviction. Small AUM makes it harder to attract new capital or justify the resources.

There seems to be some confsion on this board, I've see at least 2 posts that are off. The 401K isn't actually moving from Fidelity to Goldman. Fidelity is expected to remain the recordkeeper and administrator for employee accts.What's changing is the investment mgm side. VZ has apparently decided to move the role previously handled internally by VIMCO to Goldman, which will act as an outsourced CIO for the 401k + pension assets.

So the bigger story may not be Fidelity vs Goldman. It's VZ moving mgmt of its retirement assets from an internal investment org to an outside firm. Anyone know what happens or happened to VIMCO and the people currently doing this work?

BP is now a second follower and is in the process of divesting Nakika…share your insights on this asset? There are great people working on the platform yet this asset takes away from bp’s future state.

Will the team blend into new operator? Is there pi----g contests for who migrates and remains with bp?

Capital Management continues to struggle abysmally this year. Poor stock selection. Poor positioning. Peer rankings according to Morningstar. The higher the number, the worse the peer to peer performance. Many MoA funds continue to be bottom feeders

Fund Name & Percentile Ranking
MoA Intermediate Bond Fund. 100 (this is the worst.)

MoA Clear Passage 2020 FU...96

MoA Retirement Income Fu...96

MoA Mid Cap Value Fu..88

MoA Clear Passage 2060 Fu...84

MoA Clear Passage 2055 Fu...84

MoA Clear Passage 2050 Fu...82

MoA Core Bond Fu..81

MoA Clear Passage 2065 Fu...81

MoA Clear Passage 2025 Fu...80

MoA Clear Passage 2070 Fu...79

MoA Clear Passage 2035 Fu...74

MoA Clear Passage 2045 Fu...74

MoA Clear Passage 2040 Fu...73

MoA Clear Passage 2030 Fu...73

MoA Conservative Allocation 71

MoA Small Cap Value Fu..70

MoA International Fu..66

MoA Catholic Values Index ...63

MoA Mid Cap Growth Fu..57

MoA Aggressive Allocation ...55

MoA Mid Cap Equity Index ...51

MoA Moderate Allocation F...51

Time to stop protecting Capital Management. Time to end quarterly bonuses for them. Time to layoff some people.

1. EMTECh(R)
2. Canadian assets (upstream and downstream)
3. Fawley
4. Nigeria

Does Oxy have any assets on Lake America?

I guess those assets in Angola we are selling off aren’t technically being layed off.
But, probably a good thing to get out from under Chevron while they can.

Who’s next. APAC?

I do not see any business case for keeping any Aberdeen office open after the asset sale. Any remaining employees can relocate to London to lower overhead.

Prove employees are the most valid asset OT has.
Or continue the peppering of bad press until the company finally goes under.

GB is trying to get 40 solid years. But, he will sell assets and then be asked to leave

will the midcon asset survive, and if so what is the point of holding such an asset in the portfolio? - A holding corral for employees to be trained in and moved to more significant assets?

What assets did Hilcorp purchase? I

"The mandates include about $30 billion in pension assets for Verizon and Lockheed Martin and $40 billion in Verizon defined-contribution retirement assets, which are typically 401(k)s, according to Goldman."

Just had asset protection visit our office and do a presentation on how reports and investigations are handled!
I have been here 27 years and I have never seen these guys show up somewhere in person and usually you didn't even know they were here!!
Very suspicious they would even have a meeting with our group, has anyone else had this happen to them?
they even had a Q and A session after on their procedures.

Morningstar Percentile Rankings Through 5/23.

Fund Name Percentile Rank
MoA Intermediate Bond Fund 98
MoA Retirement Income Fund 94
MoA Clear Passage 2020 Fund 93
MoA Core Bond Fund 90
MoA Clear Passage 2050 Fund 85
MoA Clear Passage 2055 Fund 85
MoA Clear Passage 2060 Fund 84
MoA Clear Passage 2045 Fund 83
MoA Clear Passage 2070 Fund 83
MoA Clear Passage 2065 Fund 81
MoA Mid Cap Value Fund 80
MoA Clear Passage 2040 Fund 79
MoA Clear Passage 2035 Fund 77
MoA Clear Passage 2030 Fund 76
MoA Clear Passage 2025 Fund 75
MoA International Fund 74
MoA Conservative Allocation Fund67
MoA Mid Cap Growth Fund 62
MoA Catholic Values Index Fund 56
MoA Small Cap Value Fund 55
MoA Moderate Allocation Fund 54
MoA Aggressive Allocation Fund 52
MoA Balanced Fund 49
MoA Small Cap Equity Index Fund 45
MoA Mid Cap Equity Index Fund 38

The higher the percentile rank, the worse the performance. MOA funds have tanked. how is overpaid capital mismanagement going to spin this

time to sell Capital Management to raise revenue & get better returns

Reportedly, a secret task force has been set up to prepare carveout options to give management more flexibility for asset sales.

Hey Guys!

Anyone from Asset Management department in US affected by the layoffs? Really hope that the impact there is minimal or hopefully non existent.

Squad lead here

Long time fidelity. Got 12 months severance, holidays paid out to cash and prorated bonus.

Was asked to keep it to myself but fu-k that sh-t, I hate how they broke the news so I don't care.

Multiple scrum master in my previous role got impacted as well.

Impacted BU based on what I heard:
Wealth platform, advisory, Asset management, Brokerage Record keeping

https://www.marketsgroup.org/news/verizon-to-move-pension-asset-management-to-goldman-sachs-ocio?fbclid=IwY2xjawRZliFleHRuA2FlbQIxMQBzcnRjBmFwcF9pZA80MDk5NjI2MjMwODU2MDkAAR6tW1eHusgv8sz-a_EIVp4-3Gr4_fpKJS5WnDXYY_YCVgII9d67nLy1BfY0TQ_aem_SCp5oOD-4eH3Wc8UasPgGw

Eagle Rock Distributing Company is shutting down its Colorado operations. Over 500 employees will be permanently laid off. This closure follows an asset sale to Southern Glazer’s Wine & Spirits. Southern Glazer's previously stated plans to retain employees and continue operations. The layoffs are expected to occur on June 5.

Colorado

https://people.com/major-colorado-beer-distributor-to-shut-down-lay-off-over-500-employees-following-asset-sale-11947070

This will be my last post about temple terrace but it is 100% closing so just get ready. The ASI 3 auction is few days ago and they have Desktop, monitors and security cameras listed. The monitors listed have a unique 10 digit V asset ID so you know they’re Verizon assets. The fact they haven’t announced anything yet is kind of ridiculous and just shows you how little they actually care for their employees. I work in sales, I know a lot of you who report to that building don’t work in sales. Not sure what they’re going to have you do. I heard they’re working on rebadging most you guys though.

They’re also moving superheadend to Macdill Air Force base. This is known as Macdill relo project VZW.119.20. If you aren’t familiar with that Superheadend is, it’s basically the Brains of Verizon FIOS.

Do whatever you want with this information I don’t care. You can even deny it and tell me I’m wrong, but the amount of evidence I have is indisputable.

Heard that some people were laid off a few days ago.

Any idea about this?

https://energynow.com/2026/02/conocophillips-considers-selling-permian-assets-worth-2-billion-bloomberg-news-reports/

Since FDS can't manage asset recovery for sht I am grateful for the spanking new machine. Your fault for not locking the BIOS ye tools

I just heard the entire asset movement department in Operations in St Louis was displaced. Any truth to that?

It absolutely IS bad, no doubt about it. Every year things have gotten worse and worse. But from a numbers standpoint, have we lost any major clients or even mid sized clients? Or are we just doing well since the market is up and most of our fees are asset-based? I moved out of a finance role years ago so I’m really not close to the numbers as I used to be but would anyone closer have more insight?

Is it common to receive an asset inventory request? Do they do that occasionally as part of a normal audit?

Is XOM starting to high grade and dispose challenged operating assets? 1000 wells struggling to produce 12000 bopd on a good day. Subsurface expecting substantial declines in production and limited appetite for further exploration and development

What a joke, fido has ~91 different flavors of the same thing, what a clown camp! Is the marketing team wagging the investment management team or what holy shxt!

Hmmm, how many asset allocations can we make up....how about our next attempt to saturate the product market with the same thing is the stock allocations all have red prospectuses and the bond has white prospectuses and any cash has blue prospectuses, well will call it the Fidelity Red, White and Blue allocations.
"Bravo you are promoted"

Freedom Index
Freedom Blend
Freedom Fund
Freedom Retirement Index
Fidelity Sustainable Target Date

But Mr. Customer do you want us to do the same thing in a managed account and pay us a separate fee...

dahhhhhhhhh

Another round of cuts incoming?

https://www.reuters.com/business/energy/chevron-plans-finalise-singapore-oil-assets-sale-q1-sources-say-2026-01-21/

Does anyone know where the Eagleford asset that is for sale is located in Texas?

https://www.reuters.com/business/energy/shell-mitsubishi-exploring-sale-options-their-stakes-lng-canada-sources-say-2026-01-16/

Ok so you’ve got an asset with cost of supply advantage , so much so you want to double its throughput… what should you do with it ???
I know!! I know!! DILUTE your ownership to buy my shares!!!!!!

Company releases are showing preliminary net outflows of US$12B for the month of December and US$26B for Q4 2025. This is one of the worst quarters in a long time. The company needs more change NOW! Lazy salespeople be gone!

BlackRock, the world’s largest asset manager, is trimming its workforce once again. According to Bloomberg, the company plans to cut about 1% of its global headcount, or 250 employees, as part of a broader effort to streamline operations. The layoffs are expected to impact multiple divisions, including investment and sales teams.

https://www.tipranks.com/news/blackrock-blk-to-cut-250-jobs-in-latest-round-of-layoffs

What positions wil be the first to be cut in stores early next year ?

I’m hearing H.R. and asset protection? Is this true?

Guys, do a little research the same main investors are on both sides Vanguard, black rock etc I’m pretty sure they where told to move asset meaning field to a better performing asset Mastec because it’s been said several times over and over there NPS has been 85% for ten years.