Not Every Great Idea Is An Investable Idea.
At Chevy Chase Trust
We Know The Difference.
Every wealth management firm has a starting point when it comes to investment strategy. At Chevy Chase Trust, our foundation is built upon the powerful secular trends, disruptive ideas, innovations and economic forces that are constantly reshaping the world. We call this Global Thematic Investing.
This approach isn’t just about recognizing global market shifts; it’s about understanding how those changes will shape future corporate performance across industries, geographies and sectors. And it’s at the core of how we build portfolios designed to thrive in a world of constant transformation.
Our Approach
For more than two decades, we have honed our Global Thematic Investing approach by focusing on companies positioned to capitalize on transformative global themes while avoiding those likely to be disrupted. Our research-driven framework combines detailed insights with rigorous analysis of economic conditions, corporate health and market volatility. Our philosophy lets us pursue the true potential in each individual portfolio.
Our Process
We don’t just follow secular trends; we anticipate their effects and position you to benefit from them. Our experienced team of portfolio managers, financial and estate planners and trust officers work together to ensure that your wealth strategy is optimized for long-term success. With our depth of knowledge and agility, we are well-positioned to seize opportunities in any environment.
Our Themes
Advent of Molecular Medicine
Breakthroughs in genomic science are changing the practice of medicine. Genomic sequencing technology, clinical knowledge and data analytics are converging to deliver novel treatments and diagnostics that we believe will improve medical outcomes and usher in a new era of healthcare.
Dawn of Heterogeneous Computing
For nearly 50 years, Moore’s Law provided exponential improvements in the performance and cost of computing technology. As physical and economic challenges limit further scaling, we believe improvements will come from special-purpose technology designed for specific applications rather than general-purpose processors.
End of Disinflationary Tailwinds
A confluence of disinflationary forces shaped recent decades, but the world is fundamentally different today. Globalization may be slowing, demographics are changing, rapidly falling technology prices have slowed or reversed, commodity capacity is low and consumer balance sheets are improved. These secular factors signal that inflation may remain elevated for longer.
Next-Generation Automation
As the global labor force ages, companies must find ways to do more with fewer people. Automation – previously concentrated in automobile and electronics production – has reached an inflection point. The technologies have matured and the imperative for companies to invest is becoming clear across a broad spectrum of industries.
Opportunities Abound Abroad
U.S. markets have outperformed global markets for more than a decade. In several non-U.S. developed markets, structural reforms in fiscal, energy and industrial policy are taking hold, which we believe could lead to better equity performance in those regions.
Post-Pandemic
Consumer
The pandemic ushered in meaningful changes to work arrangements. The economic shutdown forced people to work from home, which spurred many to move away from city centers, particularly higher-income employees and younger workers. It also led to consumers spending more time on travel and leisure activities. We expect a profound impact on urban life and consumption patterns that will endure.
