Has the market volatility caused Alerus to change its investment philosophy?
Alerus Financial’s investment philosophy and process has not changed and it is important for you to know why. Over the short run, the market can shift its attention and tend to favor one investment management style or asset class over another. However, these shifts can only be seen in retrospect. Attempting to correctly predict and time style shifts is virtually impossible. Many investment managers have tried, failed miserably and gone out of business as a result due to disastrous performance. Maintaining a proven, consistent style has proved to be the most successful approach to investment management over the long run. Alerus Financial has maintained its philosophy and investment process for several decades.