Blockchain technology offers many advantages over traditional record-keeping methods, such as cost savings, speed, accuracy and security. It eliminates the middleman and provides a mathematical basis for trust. Intrigued with its possibilities, companies across industries are investing in resources to further explore potential benefits and...

At Meritage we are fortunate to have a loyal and caring group of associates, now going back over our 27 years (and even longer linked back to our predecessor firm).  Each year we recognize notable anniversaries.  This year’s honorees included two new five year veterans...

“Artificial Intelligence is the electricity of the 21st century.” Andrew Ng, Stanford University “We want Google to be the third half of your brain.” Sergey Brin, Alphabet President

Introduction

The revolution is upon us. The rapid growth of artificial intelligence, blockchain, cryptocurrencies, and quantum computing will deliver lasting and irreversible change to the global markets. These technologies not only affect existing products and services and give rise to new innovations, but also – and arguably more importantly – have the power to fundamentally alter the way our institutions function. Enterprises, military, and schools will have to navigate and adapt to the changing landscape to grow and remain competitive. Jobs face their own set of opportunities and challenges. We believe certain conditions exist today that will drive the the accelerated development and use of these technologies. And in an environment poised for further growth, we expect to see enormous change.

“Every company today is a technology company – they are either in the technology business or they are becoming more dependent on technology to help run their business.” Len Mitchell, Meritage Sr. Portfolio Manager The advancement in technological capabilities over the past ten years has been...

Currently in the midst of its eighth year, this bull market is the second longest on record. Conventional wisdom would suggest this puts us in the late stages of a traditional business cycle. The current cycle, however, has not followed the traditional pattern. It was...

In contrast to strongly positive returns during the past twelve months for the Meritage Value and Growth Equity strategies, the Yield-Focus strategy has experienced a tough year. Yield equity strategies in general, and our differentiated Yield-Focus strategy specifically, reached a very strong multi-year relative performance peak approximately one year ago. Simply stated, the basic reason for the divergence over the past year relates to the available market opportunities for each specific strategy.