“If I had asked people what they wanted, they would have said faster horses.” – Henry Ford
The traditional way of investing is no longer adequate for investors to achieve their goals. Experts, including our own, suggest that trend will continue. Markets are correlated, interest rates will likely remain low for some time, and there is a heightened need for income. In this “new normal,” a faster horse will not get us where we want to go. The investment industry must adapt and evolve.
An evolution involves a series of many moments, big and small. Every day at our firm, we live by the mantra of “never settle.” We make small changes, monitoring the markets and our portfolios to make the most of opportunities as they present themselves. That is our day-to-day business.
And then there are the big moments, inflection points where a noticeable and substantial change happens. Attending my daughter’s graduation ceremony in June reminded me of the significance of those moments. They mark the start of a new chapter, yet build the future on a strong, existing foundation.
We are experiencing a big moment as we evolve our name from ‘Franklin Square’ to ‘FS Investments.’ FS Investments will build on the foundation that made us a leader in alternatives and marks the progression towards our next chapter. This next chapter includes a broader vision of creating new alternative solutions – to move investing forward and help investors progress and achieve more. In "The New Normal," it is no longer about a faster horse; it is about the reinvention – and redesign – of the traditional investment portfolio.
FS Investments is evolving. We will offer more alternative solutions across the spectrum of investment strategies, more education, insight and perspectives. We will make alternative education accessible to advisors and investors so they can make informed decisions on how alternatives can help achieve their goals. Our new brand – and name – reflects our goal to simplify the complex while providing a different perspective on investing. All of our solutions will meet the high standards we set for transparency and other best practices designed to put investors’ interests first.
A faster horse or better design?
Our industry does not need a faster horse. It needs a new approach, better portfolio construction and thoughtfully designed alternative options that can help investors build better portfolios.
This information is educational in nature and does not constitute a financial promotion, investment advice or an inducement or incitement to participate in any product, offering or investment. FS Investments is not adopting, making a recommendation for or endorsing any investment strategy or particular security. All views, opinions and positions expressed herein are that of the author and do not necessarily reflect the views, opinions or positions of FS Investments. All opinions are subject to change without notice, and you should always obtain current information and perform due diligence before participating in any investment. FS Investments does not provide legal or tax advice and the information herein should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact any investment result. FS Investments cannot guarantee that the information herein is accurate, complete, or timely. FS Investments makes no warranties with regard to such information or results obtained by its use, and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information.
Any projections, forecasts and estimates contained herein are based upon certain assumptions that the author considers reasonable. Projections are necessarily speculative in nature, and it can be expected that some or all of the assumptions underlying the projections will not materialize or will vary significantly from actual results. The inclusion of projections herein should not be regarded as a representation or guarantee regarding the reliability, accuracy or completeness of the information contained herein, and neither FS Investments nor the author are under any obligation to update or keep current such information.
All investing is subject to risk, including the possible loss of the money you invest.