1st Source CIO urges investors to stay the course as market volatility fuels headline noise
SRCE•1st Source management emphasizes discipline in volatile markets
- 1st Source management urged investors to stay disciplined during volatile markets, arguing that headline-driven moves often hurt long-term results.
- Chief Investment Officer Paul Gifford said portfolio oversight continues without frequent trading, with teams monitoring macro conditions, markets, and company fundamentals.
- Senior Portfolio Manager Matt Noll framed performance around client financial goals rather than beating benchmarks such as the S&P 500.
- Noll warned that chasing recent technology-led gains can raise concentration risk, reinforcing a preference for diversified portfolios.
