Phillip Colmar

MRB Partners, Inc. is a privately-owned independent top-down research firm that provides integrated, multi-asset investment strategy as well as actionable absolute and relative return ideas. The private company is based in New York, NY and was founded by Phillip Colmar. MRB Partners is committed to building strong longstanding relationships with its clients and has a highly knowledgeable client relations team located in Buenos Aires, Montreal, and the United States. MRB Partners is known for its expertise in thematic investing and its frameworks that provide a competitive advantage. The company's team of analysts and strategists leverage the firm's robust research engine and their extensive experience to form one cohesive house view and ensure that investment strategy is articulated in a client-friendly manner.

Founded in 1949 by Hamilton Bolton, BCA Research is an independent global investment research firm headquartered in Montreal, Quebec. The firm provides comprehensive coverage of all major financial asset classes on a global basis. They employ a consistent approach across all areas of their services by utilizing economic, liquidity, performance and valuation trends. BCA Research's methodology is based on an understanding of the macroeconomic environment and the identification of key investment themes. BCA Research provides global coverage of equities, currencies, commodities/energy, fixed-income, asset allocation and unique trading ideas.

MRB Partners, Inc., do-business-as Macro Research Board, is a privately-owned independent Canadian top-down research firm headquartered in Montreal, Quebec. The firm was founded in 2010 by Warren Smith, Phillip Colmar and Peter Perkins. They provide integrated, global, multi-asset investment strategy as well as actionable, absolute-return ideas to investment managers around the world. Their views incorporate a long-term outlook based on in-depth theme research, together with rigorous forecasting models and indicators that drive 6-12 month asset market performance.