Working in partnership with our clients and investment managers to provide for a sustainable future.
New Providence is an integrated investment office serving Endowments, Foundations, Individuals and select Families. We provide clients the advantages of: EXPERIENCE, INDEPENDENCE, FOCUS and ALIGNMENT OF INTERESTS.Read More
We believe that strategic asset allocation combined with astute manager selection will produce the greatest investment results. Our mission is to preserve and enhance our clients’ financial capital by investing with those managers best suited to helping our clients achieve their long term goals.Learn More
The senior members of the New Providence investment team have on average, over 25 YEARS OF INVESTMENT EXPERIENCE. Our active partners own over 95% of the firm and are deeply committed to managing portfolios as well as client relationships.See More
2017 will be remembered for strong equity returns and extremely low volatility; the S&P 500 total return was +21.8%, non-U.S. equities returned +27.8% . The primary driver of this goldilocks scenario was a global economic expansion and synchronized earnings rebound, the first time we have seen this broadly since the financial crisis. In addition, fears that quantitative easing would destroy economies via severe general price inflation have proven to be unfounded. We believe global equities are likely to continue to appreciate in an environment where there are few signs of excessive inflation and global monetary policy still remains loose. read more ❯
Geo-political risks, particularly North Korea, are elevated and episodically impacting financial markets. Combining this with higher stock market valuations, some signs of late cycle economics, and a challenging legislative environment might suggest that portfolios should be underweight risk assets, such as equities. However, we remind ourselves that unpredictable geo-political events are always present and are very difficult to assess with certainty as to timing and outcome. We also believe it is possible that a series of virtuous economic and business outcomes could evolve. As a result, we believe it is still too early to be underweight equities, although we have eliminated the overweight that portfolios had previously exhibited. read more ❯