We are majority female owned
We are a global team of
over 70 people
Established in 1994, we are employee-owned with
broad-based equity ownership
We are dedicated to institutional long-only global
equity investment management
Our equity research team spans
San Diego, Boston, and India
Our fundamental investment research seeks to maximize
alpha, articulate our active risk,
and exploit early insight
We are bottom-up, growth-first investors who don't
overpay for growth potential
We are systematic, utilizing technology
to augment human decision making,
not replace it
Our portfolio management team reviews
every buy and sell decision
prior to taking action

Meet Our Team

Executive Leadership
Investment Team
Client Service & Marketing
Business Management

Marina L. Marrelli

Partner and Co-Founder, Chief Executive Officer

Robert J. Anslow

Partner and Co-Founder, Chief Investment Officer

Robert J. Anslow

Partner and Co-Founder, Chief Investment Officer

James D. Peterson,  CFA

Partner, Deputy Chief Investment Officer

Trishul Goswami, CFA

Partner, Portfolio Manager/Research Analyst

Melissa McGrane, CFA, FSA

Partner, Portfolio Manager/Research Analyst

Rick L. MacDonald, CFA, CAIA

Research

Craig D. Rice

Trader

Lisette Mascarenhas

Investment Analyst/Assistant Trader

Sarim Alpin,  CFA

Research Analyst, GlobeFlex Boston

Svetla Mincheva,  CFA

Research Analyst, GlobeFlex Boston

Hikmat Rasulov

Research Analyst, GlobeFlex Boston

Noah D. Bretz

Partner, Director of Client Service & Marketing

Jerre S. Bridges

Partner, Client Service & Marketing

Ken M. Mota

Partner, Client Service & Marketing

Jeanell Trotter

Vice President, Client Service & Marketing

Harrison G. Kent

Senior Client Service Associate

Marina L. Marrelli

Partner and Co-Founder, Chief Executive Officer

Pamela F. Pendrell,   IACCP®

Partner, Chief Compliance Officer

Tammy L. Johnson,   CIPM

Partner, Head of Investment Operations

Jennifer A. Eve,   CPA

Partner, Chief Financial Officer

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Marina L. Marrelli

Partner & Co-Founder, Chief Executive Officer

Robert J. Anslow

Partner & Co-Founder, Chief Investment Officer

San Diego

Robert J. Anslow

Partner & Co-Founder, Chief Investment Officer

James D. Peterson,  CFA

Partner, Deputy Chief Investment Officer

Trishul Goswami, CFA

Partner, Portfolio Manager/Research Analyst

Melissa McGrane, CFA, FSA

Partner, Portfolio Manager/Research Analyst

Rick L. MacDonald, CFA, CAIA

Research

Craig D. Rice

Trader

Lisette Mascarenhas

Investment Analyst/Assistant Trader

Boston

Sarim Alpin,  CFA

Research Analyst, GlobeFlex Boston

Svetla Mincheva,  CFA

Research Analyst, GlobeFlex Boston

Hikmat Rasulov

Research Analyst, GlobeFlex Boston

Information Technology

Furio Penteriani

Partner, Director of Information Technology

Rick Allen

Manager, Research & Performance Database

Noah D. Bretz

Partner, Director of Client Service & Marketing

Jerre S. Bridges

Partner, Client Service & Marketing

Ken M. Mota

Partner, Client Service & Marketing

Jeanell Trotter

Vice President, Client Service & Marketing

Harrison G. Kent

Senior Client Service Associate

Wendy Shafer

Marketing Manager

Faith M. Bialick

Marketing Associate/Office Manager

Marina L. Marrelli

Partner & Co-Founder, Chief Executive Officer

Jennifer A. Eve,   CPA

Partner, Chief Financial Officer

Tammy L. Johnson,   CIPM

Partner, Head of Investment Operations

Pamela F. Pendrell,   IACCP®

Partner, Chief Compliance Officer

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What's New

We are honored that Emerging Manager Monthly awarded GlobeFlex Capital 2023 Manager of the Year in 3 of 7 categories, as announced in their April 2023 issue (Vol. XVIII, Issue 4).

Our U.S. SMID Cap Equity strategy carried the day in the Domestic Smid/Mid-Cap Equity category. Our World ex-U.S. Small Cap Equity strategy took the award in the International Small-Cap Equity category. And our Frontier All Cap Equity strategy won in the Emerging Markets Equity category.

Winners were selected by a panel of three industry judges based on both quantitative and qualitative measures. Quantitative data for the year 2022 was sourced by Emerging Manager Monthly from the Informa PSN database. GlobeFlex did not pay any form of compensation to participate. Click on any of the buttons below for additional information about the participation criteria and selection process.

We are proud of our entire investment team for their hard work! Contact us to learn more about these strategies and our other offerings.

GlobeFlex Capital is proud to manage assets for the John S. and James L. Knight Foundation. In 2020 and 2021 we were included in the published list of women and minority-owned investment managers who collectively manage one-third of the Foundation's assets.

The Knight Foundation has conducted innovative research on diversity, ownership and performance in the asset management industry, which may be found at http://kf.org/diverseownership This work has become even more timely, as our nation focuses on racial equity and inclusion, and more institutions have a call to action to include diverse firms in the management of trillions of dollars which comprise our industry. We commend the voice of the Knight Foundation, and the work of their OCIO Cambridge Associates, for the intentional hiring of women and minority-owned firms and encouraging other institutions to join them.

Our Investment Approach

We seek to identify fundamentally attractive stocks exhibiting:

Business Improvement - We focus on finding companies with accelerating business conditions in order to identify early signs of growth.

Quality Management - We evaluate the long-term sustainability of a company's fundamental business improvement by conducting an in-depth analysis of a company's prospective operating performance and management's skill to increase shareholder wealth.

Reasonable Valuation - We aim to stay ahead of other investors by recognizing accelerating business conditions early, buying and holding companies significantly below their fair market value given their future growth prospects.

How We Integrate Responsible Investing

At GlobeFlex, we view Environmental, Social, and Governance (ESG) considerations as a vital component of our investment philosophy. We believe that these factors can influence a company's long-term value and have the potential to impact future expected returns and risk profiles. To link ESG metrics with alpha generation, we have developed a proprietary materiality factor that consists of relevant industry-specific risks and opportunities affecting a company's financial sustainability.

We also believe that a company's ability to manage ESG-related risks and capitalize on ESG-related opportunities reflects management quality and aligns with a long-term perspective. As a result, we have incorporated ESG considerations into our research process as part of our quality discipline across all strategies and assets.

Access our Responsible Investment Policy here.

Engagement
As an investment boutique with a systematic approach, we do not engage directly with companies. Instead, we opt to collaborate with organizations, lending our voice collectively through shared engagement. We actively support diversity as a member of the Thirty Percent Coalition, and promote climate-related disclosure as a member of CDP. We are also a supporter of the Task Force on Climate Related Financial Disclosure (TCFD). Since 2017, we have been a signatory to the U.N. PRI and a member of the Sustainability Accounting Standards Board (SASB). Our CEO, Marina Marrelli, has also committed to the CEO Action for Diversity and Inclusion by becoming a signatory.

Our Research Edge

Research has been a cornerstone of our efforts since inception, focused on methods and techniques that fine-tune our ability to identify fundamental change early, and on information and methods that are complex, where there is a potential for alpha.

The following are among the biggest contributors to our research edge:

Research Depth - We are relentless in our focus on very granular details of key indicators of future growth in order to identify and invest in companies that are well positioned to exceed other investors' expectation.

Breadth of Coverage - Through our wholly-owned subsidiary, GlobeFlex Research India (GRI), we collect information on uncovered companies and produce proprietary earnings forecasts, giving us a broader universe of opportunity than other managers.

Proprietary Techniques - Our proprietary, internal technology is unique as a time leverage tool, rapidly analyzing vast amounts of financial information to translate complex data, disentangle anomalies, and zero in on sources of alpha.

Our Current Thoughts

Our investment team has some current market research and insights:

Our Emerging Markets Small Cap Equity Investing paper discusses EMSC characteristics, the evolution of return sources, the relative strengths of specific stock selection disciplines, and the potential benefits of investing.

Our Custom Tilts: A Globe-Flexible Approach whitepaper explores methods to fully and efficiently customize equity portfolios for investors.

Our China A-Shares Insights paper analyzes the existing literature on the China A-shares market and offers new insights about it through our own original research, revealing an evolving investment landscape primed for fundamentally driven investors.

Our Quantum Computing Primer paper takes a look at the evolution of quantum computing, its exciting future, and its potential applications in the investment management industry, particularly with regard to optimization and big data analysis.

Our Inflation Insights paper shares our opinions on this timely topic. Find out about the five inflation insights we have identified to form a more holistic view of current inflation levels.

Our latest research-based paper, Behavioral Biases and Their Relationship to the Investment Process, digs into various forms of biases and how the GlobeFlex systematic investment process minimizes their impact on financial outcomes and performance.

Global & International Equities

Global Dynamic Equity

ACWI ex-U.S. Equity

World ex-U.S. Small Cap Equity

International Micro Cap Equity

International All Cap Equity

Emerging Markets Small Cap Equity

Domestic Equities

U.S. Small/Mid Cap Equity

U.S. Micro Cap Equity

GlobeFlex, in conjunction with Leading Ladies Network (LLN), a non-profit women's leadership development organization based in Accra, Ghana, has created the Progressive Mayors Fund for the Ga North Municipality.

Named in honor of the late Municipal Chief Executive Gertrude Ankrah, we work to further the education of girls in under-represented fields and stir an entrepreneurial outlook among the youth. Our work in Ghana dates back to 2003 when Gertie was Program Development Director for the NGO WomensTrust and Marina Marrelli, GlobeFlex CEO, was a founding board member.

Leading Ladies' Network and the Ga North Municipal Education Directorate, commemorated International Women's Day 2022 and kicked off the LLN Girls Mentorship Program, tailored to cultivate and support the social and economic development of girls and women of Ga North Municipality of Ghana. You can find more information about this event here