Glenn Fogle, CFA
Chief Investment Officer
Glenn manages Drawbridge Capital’s equity strategies and co-manages multi-asset strategies.
In 1990 Glenn joined American Century Investments in Kansas City. He became lead portfolio manager of American Century’s Vista and Giftrust mutual funds in 1993. For seventeen years he led teams managing against large, mid and small cap benchmarks. Glenn was recognized by Mutual Funds Magazine as “Best in Class” in 2002 and named by Business Week as one of its “Best Fund Managers” in 2007.*
In 2009 American Century named him Chief Investment Officer, US Growth Equity – Mid and Small Cap, a role in which he was responsible for four teams managing over $7 billion.
In 2010 Glenn joined the former CEO of American Century to develop several institutional equity strategies. Glenn joined Regent Financial Services in 2015 and Drawbridge Capital at its inception.
Before his career in investment management Glenn has been an entrepreneur, a professional musician, and an Instructor of Finance and Statistics. He served as a Director for a denominational retirement plan as its assets grew to $500 million with 6,000 participants. Glenn holds BBA and MBA degrees from Texas Christian University which he attended on full academic scholarships. He earned the Chartered Financial Analyst designation in 1989.
*The Business Week methodology uses the 5-year total return of the S&P 500 as the underlying benchmark. The following is a simplified breakdown of the methodology: Calculate the fund’s 5-year cumulative load adjusted total return; Calculate the S&P 500 five year total return; For each fund, divide step 1 by step 2 to obtain the normalized total return; Calculate 60 monthly returns for each fund (non-load adjusted); Calculate 60 monthly returns for the 3-month US Treasury Bill; Calculate the fund’s excess return for each 60-month period by subtracting the US Treasury Bill from the fund’s return (Step 4 – Step 5); For each fund sum together all negative excess returns from step 6; Take the absolute value from step 7 to get the fund’s raw risk; Divide the raw risk from step 8 by the S&P 500’s risk to get the funds normalized risk return; Subtract the normalized risk calculation from the normalized total return (Step 3 – Step 9)