Our Business
Founded
in January 1983, Amervest is an active fixed income manager headquartered in
Investment Philosophy
Amervest applies a consistent and well-defined decision making process in terms of active duration management, asset diversification and security selection. We focus on our clients’ requirements for safety, liquidity and total return to build investment strategies that reflect their risk tolerance and return expectations.
Our goal is to achieve customer satisfaction. We strive to deliver quality investment service at the lowest possible cost in accordance with client’s investment policy.
Discretionary Investment Services
Amervest offers various investment strategies with differing levels of safety, liquidity, and expected return. Typically, we offer the following full discretionary investment services:
Cash and Cash Equivalents
Short-Term 1-3 Year Corporate/Government Bonds
Intermediate 1-5 Year Corporate/Government Bonds
Enhanced Government Bonds
Structured Products and Equity Linked Bonds
Emerging Markets private equity funds
Our investment approach is to seek excess returns over designated benchmarks. This is accomplished through a bond optimization process developed by Amervest to allocate assets between different sectors and maturity horizons.
Investment Advisory Services
Amervest provides investment advice on a continuous basis without responsibility for execution of investment transactions. This service is typically provided to clients which prefer to manage the transactions internally. Our services include:
Developing and monitoring investment policy statements and guidelines
Providing monthly investment strategies and interest rate analyses
Monitoring investment procedures and investment policy compliance periodically
Evaluating monthly performance based on investment objectives and benchmarks
Management and Staff
Peter Cheung, CFA Managing Director and Chief Investment Officer
Doug Hutchinson Fixed Income Investment Officer
Alexander Artemyev Investment Analyst and Compliance Officer
Matthew De Mass Administrative Assistant
Advisors to the Managing Director
Dr. Lou Moret Former Chief Operating Officer,
So.
Alan Lui, CFA Former Director of Research and Product Development,
Amervest Company, Inc.
Managing Director
Mr. Cheung founded Amervest Company, Inc. in 1983. He chairs the Investment Strategy Committee and is responsible for the management of client portfolios. He has advised several larger endowments on several private equity investments in the Greater China region. Prior to starting Amervest, Mr. Cheung was the Treasurer at the University of Southern California ("USC"). He is a CFA charterholder and has passed the NASD Series 7, 24, 53 and 63 exams. Active in the community, Mr. Cheung is a member of the Board of Regents at Loyola Marymount University and a member of various committees at the Catholic University of America, University of San Diego, Notre Dame Academy Elementary School and Pepperdine University. Mr. Cheung received his MBA in finance from USC, a Bachelor's degree in business statistics from University of Hawaii and professional certificates from Princeton University and Cambridge University. In March 2004, Mr. Cheung was conferred a honorary doctoral degree by the Moscow State Academy of Instrument Engineering and Computer Sciences for his efforts in developing U.S. accredited on-line MBA education in Russia.
Advisor to the Managing Director
Alan joined Amervest in 1991 and worked in the company for about 10 years. He was responsible for in-house quantitative research, investment modeling, asset allocation, and new product development. He gained significant investment research experience in fixed income and equity option pricing theories, various portfolio insurance strategies, and optimal currency hedging strategies for international investments at Pacific Financial Asset Management Corporation (PFAMCo,) the holding company of Pacific Investment Management Company (PIMCO.)
As Manager of Quantitative Analysis at PFAMCo, Alan co-developed, with Dr. John Mulvey of Princeton University, a state-of-the-art asset allocation model in a surplus and multi-period framework. In 1989 Alan sponsored the “Pension Plan Management for the 1990’s: Achieving Investment Objectives Through Computational Finance,” a comprehensive workshop detailing concepts and technology of quantitative investment tools. In 1990 he participated as a panelist in the Pension Management Conference sponsored by the Operations Research Society of America, a nationally recognized academic organization.
Prior to PFAMCo, Alan was an Investment Analyst with Callan Associates, Inc. where he was responsible for asset allocation studies involving over $30 billion in assets for pension and endowment clients. Alan holds a Master of Business Administration degree from San Francisco State University, and is a Chartered Financial Analyst. He has passed the NASD Series 4, 7, 24, 27, and 63 exams.
Fixed Income Investment Officer
Doug
is responsible for executing transactions relating to the client's fixed income securities.
He is also responsible for developing and updating internal operations systems,
coordinating communication among clients, custodial banks and broker dealers and
responding to clients’ inquiries and investment needs.
Before joining Amervest in 2003, Doug worked as an international trade assistant
for the U.S. Department of Commerce and as a content editor for Collabrys, Inc.,
an e-commerce consulting company. Doug graduated cum laude from the
Investment Analyst
Alexander is responsible for conducting fundamental and technical research as well as providing recommendations and analysis on current corporate holdings to the portfolio management team. In addition, he collects macroeconomic data on Central and Eastern Europe for country analysis. Prior to joining Amervest in 2004, he worked as a Chief of the Department of International Projects in Russia. Mr. Artemyev is fluent in Russian and holds an MBA degree in finance from Loyola Marymount University, a Ph.D. in Technical Sciences/Economics and a Bachelor’s degree in Merchandising/Economics from the Kuban State Technological University (Russia). He is currently a Level II candidate in the CFA Program.
Administrative Assistant
Matt joined Amervest in 2007. He provides general office and accounting support. Prior to joining Amervest, Matt worked as an account manager for Data Base Marketing Group, holding their largest revenue generating account. Matt received the Beta Gamma Sigma award for academic excellence from California State University, San Bernardino where he obtained degrees in Business Finance and Real Estate.
For further information, please contact the company directly. You can also request a current copy of the company’s Part II of the Form ADV, free of charge.
Mr. Peter Cheung, CFA
Amervest Company, Inc.
800 West Sixth Street, Suite 1220
Los Angeles, CA 90017
Phone: (213) 627-3650
Fax: (213) 627-3735
Thank you for visiting www.amervest.com. If you have comments or questions regarding the content of this site please feel free to send us a message to artemyev@amervest.com.