About Us
Who We Are
Cavanal Hill Investment Management, Inc. (Cavanal Hill) is a registered investment adviser. Cavanal Hill offers equity, fixed-income and cash management strategies to taxable and tax-exempt institutional and individual clients throughout the United States. As of January 31, 2012, our firm managed more than $5 billion in assets.
Our Mission: Delivering Measurable Value
Cavanal Hill’s mission is to deliver value to our clients. We recognize that value can mean different things to different investors. We define value two ways. First, we recognize that tax-exempt and taxable investors have different investment objectives and performance horizons. Accordingly, we design and manage investment strategies that are customized to meet the unique investment and risk objectives of both groups. Cavanal Hill defines value as providing excess investment returns (alpha), net of all fees, versus our strategy benchmarks over an investment horizon relevant for our tax-exempt and taxable clients.
Separately Managed Accounts and Mutual Funds
Our equity, fixed-income and cash management strategies are available as a separately managed account, with some strategies also available in mutual fund format. We’ve made every effort to keep our investment management fees and fund expense ratios competitive in order to ensure that we are able to generate significant excess return (net of fees) versus our benchmarks for our clients.
Strategies For Taxable Investors
Cavanal Hill has developed investment strategies tailored for taxable clients that seek to outperform their benchmarks after all management and tax costs. Capital gain taxes are the single largest cost incurred by taxable investors (averaging 2% annually for most equity strategies), well exceeding investment management and transaction fees. To overcome the adverse effect of capital gain taxes on long-term investment returns, Cavanal Hill seeks to manage taxable portfolios tax-efficiently.
Our disciplined fundamental investment philosophy and process seeks to invest in high-quality, growth-oriented companies possessing superior and sustainable competitive features, incorporated in a low portfolio turnover, active tax loss harvesting and long investment horizon process. Our fundamental equity investment strategies seek to outperform their benchmarks, net of all fees, over rolling three-to-five year periods.
Strategies For Tax-Exempt Investors
Cavanal Hill’s taxable investment products are designed to outperform their market benchmarks consistently over time. These products are designed specifically for tax-exempt institutions and individuals and seek to generate high alphas, information ratios and batting averages. Our disciplined equity process takes advantage of complementary short-term oriented alpha generating models that require higher portfolio turnover. Our taxable investment strategies seek to outperform their benchmarks, net of all fees, every month.
A Team Approach Towards Investing
Cavanal Hill employs a team-approach to execute all of its investment strategies. Cavanal Hill’s investment teams consist of experienced investment professionals that work in a research-oriented environment that encourages the contribution of new alpha-generating ideas to our investment processes. We continually strive to evolve our strategies to add value and remain competitive.
Cavanal Hill has a long history of employing consistent and well-defined investment philosophies and processes that exploit market inefficiencies, providing us the opportunity to deliver value to our taxable and tax-exempt clients.