John McClure – 2015 Shark Tank Winner
2015 NAAIM Shark Tank Winner John McClure of ProfitScore Wins the 2015 NAAIM Shark Tank at Uncommon Knowledge Conference
Littleton, CO – May 26, 2015 – During the 2015 Uncommon Knowledge conference held May 3-6 in Newport Beach, CA, the National Association of Active Investment Managers (NAAIM) announced that John M. McClure, founder and CEO of ProfitScore Capital Management in Eagle, Idaho is the first-place winner of the 2015 NAAIM Shark Tank Competition for his investment strategy: ProfitScore Long/Short US Treasuries (LSGB).
An annual event, the NAAIM Shark Tank competition is an opportunity for the developers of active investing approaches to pitch their strategies to fellow advisers and active investment managers in pursuit of sub-adviser agreements. The success of the 2014 Shark Tank presentations led to auditions at the 2014 NAAIM Outlook conference and six finalists who presented Wednesday afternoon during the final session of the 2015 Uncommon Knowledge annual conference. The first place winner has the opportunity to meet with a number of investment distribution firms.
“As a long-time member and past-president of NAAIM, John McClure is a great example of the thought leaders that are involved with the organization and the competition”, remarked Ted Lundgren, Managing Principal of Hg Capital Advisors and NAAIM 2015 President. “The NAAIM Shark Tank was envisioned as a platform for our members to get exposure and distribution for their money management strategies.”
Entered in the “Established” category, McClure presented information on his ProfitScore Long/Short US Treasuries (LSGB) program. LSGB represents a quantitatively based, absolute return, multi-strategy investment model. LSGB utilizes multiple uncorrelated tactical strategies to capture price trends and positions assets to benefit from a rising or declining yield curve. Investment portfolios tracking this investment model will benefit from transparency, high liquidity, low degree of volatility and positive response to rising or falling interest rates.
Receiving second place in the competition was Capital Research Advisors-LLC in Suwanee, Georgia. Also in the “Established” category, Ken Graves, Chief Investment Officer presented for CRA’s Short-Term Equity Index Model, which is a long/cash/short equity trading strategy and only trades around U.S. based broad equity indexes. This model only buys representations of S&P500, DJIA, Russell 2000, NASDAQ 100 or Mid-Cap 400. The model is 100% invested in whatever it invests in, no partial trades are entered and uses cash as a holding on a regular basis.
The competition judges were comprised of a panel of investment professionals selected by the NAAIM Shark Tank committee. The panel of judges included John Kosar, Jeff Pietsch, Jerry Wagner, Mike Posey, and Will McGough.
Applications and information regarding the 2016 NAAIM Shark Tank will be announced this summer. Preliminaries will be held during the 2015 NAAIM Outlook conference, usually held in the first week of November. Selected finalists will be invited to present at the 2016 NAAIM Uncommon Knowledge conference, to be held in Fort Lauderdale, FL from May 1-4, 2016.
About the Winner
John McClure is the founder of ProfitScore Capital Management, Inc. As CEO, Mr. McClure’s responsibilities entail leading the firm’s overall direction and focusing the firm’s research and development efforts. Mr. McClure has served as the General Partner to a successful Multi-Manager long/short hedge fund, Independent Trustee for Northern Lights ETF Trust, President and Chairman of the National Association of Active Investment Managers. Mr. McClure holds a Bachelor’s Degree from Tennessee Technological University and a Masters in Business Administration from the University of Tennessee Chattanooga.
The National Association of Active Investment Managers (NAAIM) is a non-profit trade group of nearly 200 registered investment advisor firms that collectively manage over $35 billion in assets. NAAIM member firms provide active money management services to their clients to produce favorable risk-adjusted returns as an alternative to more passive, buy-and-hold investment strategies. NAAIM publishes the weekly NAAIM Exposure Index, and sponsors the annual Uncommon Knowledge conference along with smaller conferences and regional workshops on managing portfolios, trading techniques for various instruments and markets, regulation and compliance, and other topics of interest to its membership. For more information, visit www.naaim.org.