Bruce DeLaurentis (Kensington Asset Management)
Overview
Bruce DeLaurentis is a prominent figure in the field of asset management, known for his leadership role as the founder and principal of Kensington Asset Management. Based in Dallas, Texas, DeLaurentis has cultivated a reputation for employing data-driven, quantitative investment strategies to harness market trends for portfolio management. With a career spanning several decades, DeLaurentis has been instrumental in developing and managing various investment funds that focus on minimizing market risks while optimizing returns.
Recent Developments
In the past few years, Bruce DeLaurentis and Kensington Asset Management have made notable strides in expanding their market presence and strategic offerings:
- 2024: Kensington Asset Management was added to the Axos Advisor Services Money Manager X-Change (MMX) program, which aims to broaden investment management solutions. The firm’s Managed Income and Dynamic Growth strategies received high ratings from Morningstar, further solidifying its market credibility.
- January 2024: Bruce DeLaurentis re-registered with Kensington Asset Management, LLC, reflecting a consistent presence and leadership role in the company.
- Formal Launches: The firm launched the Kensington Hedged Premium Income ETF, designed to capture market upside, hedge against downside, and deliver consistent income.
- July 2023: Bruce led Kensington through the promotion of new leadership, reflecting strategic growth and internal development, notably Reid McDermott’s promotion to Director of Capital Markets.
- Compliance Reinforcement: The company appointed Steven Chang as Chief Compliance Officer to bolster its regulatory adherence and strategic governance.
These developments illustrate DeLaurentis's continuous effort to expand Kensington's strategic capacity and reinforce its compliance infrastructure while maintaining its reputation for pioneering quantitative investment models.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Bruce Pasquale DeLaurentis |
| Born | Not specified |
| Nationality | American |
| Occupation | Asset Manager, Investment Advisor |
| Known For | Founder of Kensington Asset Management |
| Net Worth | Not publicly disclosed |
| Education | Bachelor of Economics, Hofstra University |
Early Life and Education
Bruce DeLaurentis embarked on his financial career with an educational foundation in economics, graduating from Hofstra University. His initial foray into trading began in 1969, laying the groundwork for his quantitative investment strategies. DeLaurentis's background includes a pivotal role as a chief warrant officer and helicopter pilot during his military service in Vietnam, a period that likely cultivated his strategic decision-making skills and resilience. Over the years, he has honed his expertise in financial markets, a journey that eventually propelled him to establish Kensington Asset Management.
Career and Notable Achievements
Bruce DeLaurentis's career is marked by significant milestones in the asset management sector:
- 1979: Started as a registered representative with Underwood, Neuhaus & Company, building foundational expertise in equity and fixed income markets.
- 1984: Founded Kensington Asset Management, pioneering quantitative decision models for investments.
- Equity Market Recognition: Achieved top national ranking for equity market performance by MoniResearch Newsletter between 1984 and 1987.
- 1990-1991: Edited "The Prudent Bond Investor," a newsletter for fixed-income investors driven by quantitative strategies.
- 2000s: Continued evolving Kensington's strategies, focusing on high-yield corporate bonds and managing risk-driven portfolios.
- Recent Developments: Under his leadership, Kensington has expanded into ETFs and integrated cutting-edge risk management and income strategies.
Current Work and Impact
Bruce DeLaurentis remains active as the principal at Kensington Asset Management, guiding the firm's strategic ventures and continuing to innovate its investment models. His approach to risk management and quantitative analysis in portfolio management has made a significant impact within the financial services industry, ensuring that Kensington remains a formidable player in asset management circles.
Conclusion
Bruce DeLaurentis's contribution to the finance industry, particularly through Kensington Asset Management, underscores a commitment to excellence and innovation in quantitative investment strategies. His leadership has facilitated Kensington's growth and adaptation to modern market challenges. Looking forward, DeLaurentis's strategies and models are set to continue influencing asset management practices, emphasizing data-driven decision-making and dynamic market responsiveness.