US News & World Report — John Donaldson, Director of Fixed Income, explained in a US News & World Report article that, in general, bonds serve three primary purposes in portfolios: "to generate income, preserve principal and dampen the volatility of other asset classes." Click to read article
CNNMoney — Co-CIO Hank Smith commented in a CNNMoney article about the effect of the government shutdown on the stock market. "Investors will most likely ignore the shutdown, just as they have ignored all political and geo-political news over the past 14 months," according to Smith. Click to read article
Fox Business - Haverford Trust Co-Chief Investment Officer Hank Smith discussed how the stock market reacted to the recent Fed nomination and explained why investors should have Apple in their portfolios. Click to view clip
Reuters - Co-Chief Investment Officer Hank Smith spoke to Reuters about the Wall Street gains. “This has been a healthy advance. It has been a slow, steady grind upward. There’s been extraordinarily low volatility.” Click to read article
Penn State News - Haverford President and Penn State alumna, Binney Wietlisbach, will be participating in the College of the Liberal Arts third annual “Penn State Women: Leaders of Today and Tomorrow” panel and networking reception in November. Click to read the article
CNBC - Haverford Trust Co-Chief Investment Officer Hank Smith joined the discussion on tax reform challenges and the current state of the markets on the CNBC’s Closing Bell. Click to view clip
USA Today - Hank Smith, Co-Chief Investment Officer, spoke to USA Today about the risks of waiting for a pullback or a correction to buy into the market. “It’s human nature; very few people have the ability that Warren Buffet has emotionally to buy when people are fearful,” Smith says. Click to read article
USA Today - “You know volatility is going to come back, you just don’t know when or what will cause it,” says Hank Smith, Co-Chief Investment Officer. Click to read article
