McAlinden Research Partners (“MRP”) provides independent investment strategy research to investors worldwide. The firm’s mission is to identify alpha-generating investment themes early in their unfolding and bring them to our clients’ attention.

MRPs research process reflects founder Joe McAlinden’s 50 of experience on Wall Street. The methodologies he developed as chief investment officer of Morgan Stanley Investment Management, where he oversaw more than $400 billion in assets, provide the foundation for the strategy research MRP now brings to hedge funds, pension funds, sovereign wealth funds and other asset managers around the globe.
Joe is joined by an experienced team of Wall Street professionals from diverse backgrounds to provide MRP’s clients with valuable insight outside of the mainstream.

Our Process

Identifying disruptive change that leads to new investment opportunities.

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MRP’s entire focus is on identifying change that will shift the equilibrium and create an investment opportunity. To do so, we take an inductive approach, which means keeping an open mind and letting the data, news and events unfolding speak to the shifts occurring across the globe.

What’s more, we share this inductive idea-generation process with our clients. Each day, we will send you our Daily Intelligence Briefing (“DIBs”) of news and macro data that rises to the top of what we believe is relevant to signaling change. When we are struck with a new thematic idea, we will map it out for you in the DIBs or in Joe Mac’s Market Viewpoint report.

You should look to us for the over-arching idea. We do not spend time on earnings models, as so many others already do so. Accordingly, we do not recommend individual securities. We believe that a significant component of alpha comes from getting the big picture right — such as sector, industry, and theme — and that’s what we aim to do.

The catalysts for our ideas come from any number of areas: Macroeconomic shifts and business cycle turns; policy and political changes; scientific and technological inventions; health and demographic transitions; business model innovations; or even environment and natural events. MRP’s research uses only publicly-available data, filtered through proprietary screens and analytical tools.

The Importance
of a Theme

MRP’s Rob Davis explains how we are able to provide a thematic investment idea based on daily current events, news and macro research. With most alpha being generated by getting “the big idea” correct, Rob explains why identifying the right theme is the most important part of the process.

What’s Included

How we deliver our research.

The DIBs Report

Daily Intelligence Briefing

The DIBs report is a compilation of articles and data from multiple sources on subjects reflecting disruptive change that have potential investment implications for an industry or group of securities. We share this report with our clients who may already have or may be considering exposure in the industries affected. The subjects change daily and constitute an excellent update on featured topics.

Every day, the DIBs will also include links to Joe Mac’s Market Viewpoints, as well as our current investment themes.

See an Example
The DIBs Report

Daily Intelligence Briefing

The DIBs report is a compilation of articles and data from multiple sources on subjects reflecting disruptive change that have potential investment implications for an industry or group of securities. We share this report with our clients who may already have or may be considering exposure in the industries affected. The subjects change daily and constitute an excellent update on featured topics.

Every day, the DIBs will also include links to Joe Mac’s Market Viewpoints, as well as our current investment themes.

See an Example
Joe Mac's Market Viewpoint

Market Viewpoint

Joe Mac’s Market Viewpoint is a periodic investment letter in which Joe McAlinden shares his outlook on the markets, U.S. economy, and what that means for an investment portfolio.

In April 2016, for example, MRP added the U.S. energy sector as a new theme with the publication of the April 2016 Viewpoint “Implications of the Coming Shortage of Oil”. Joe argued that the massive cutback in energy capital expenditures, combined with the shrinkage in energy workers, and drying up of financing options would lead to a shortage of oil. The report also opined that the freeze agreement that had been announced by some major OPEC members and Russia may have marked a turning point in the trajectory for crude prices.

While Joe agreed with the consensus that oil prices had bottomed out, he diverged in positing that they would be driven significantly higher by outright shortages of crude. Not long after our initial report, oil prices began to rally, and strong global demand in the face of a contraction in supply saw crude oil prices rise steadily.

See an Example
Joe Mac's Market Viewpoint

Market Viewpoint

Joe Mac’s Market Viewpoint is a periodic investment letter in which Joe McAlinden shares his outlook on the markets, U.S. economy, and what that means for an investment portfolio.

In August 2015, for example, Joe established a “Value Over Growth” investment theme. In his Market Viewpoint report that month, he made the case that, after under-performing since the 2008 financial crisis, the value segments of the S&P 500 & the Russell 2000 would soon start to assert themselves and begin a sustained period of out-performance over growth.

See an Example

Meet the Team

And learn how to get in touch with the firm.

Joseph J. McAlinden, CFA

Chairman & Founder

Joe Mac is the Founder, Chairman & CIO of MRP and its parent company, Catalpa Capital Advisors. He has over five decades of research and investment experience. Prior to founding Catalpa Capital, Joe was the Chief Investment Officer and Chief Global Strategist at Morgan Stanley Investment Management for over 12 years, which followed 10 years as the Director of Research & Chief Strategist at Dillon Read & Co. Prior to Dillon Joe served as President & CEO of Argus Research for 16 years, where he started as an analyst recruited from W.E. Burnet & Co.

Joe began his career on the floor of the New York Stock Exchange, received a B.A. cum laude in Economics from Rutgers University and holds the Chartered Financial Analyst (CFA) designation. He has served on the Boards of the Argus Research Group, the New York Society of Security Analysts (NYSSA), the Morgan Stanley Trust, the Convent of the Sacred Heart, and The American Ireland Fund.

Nelly Nyambi

Managing Director

Nelly is Managing Director, responsible for research and product development. Nelly has 18 years of industry experience encompassing both equity & fixed-income sales & trading at Citibank, working at PMA Investment Advisors, an emerging markets hedge fund, where she was responsible for marketing the fund’s global macro, equities & credit strategies to North American institutional investors, and Altura Capital, an investment consulting firm.

Nelly earned her B.A. in Economics from Columbia University and is fluent in English, French and Spanish. Since joining Catalpa Capital in 2010, Nelly has worked closely with Joe and the team to make the firm’s research offering a highly differentiated and exceptional part of an investment professional’s tool kit.

Rob Davis

Managing Director

Rob is Managing Director, responsible for business development. Rob has 40+ years of experience in the financial markets, including high net worth brokerage, institutional equity sales and management, investment banking, and research and trading. He spent 18 years in institutional equity sales, covering the Boston market and major accounts in New York for firms including Merrill Lynch, Morgan Stanley, Dillon Read, and Oppenheimer. Rob was also the National Sales Manager at Montgomery Prime Brokerage Services.

Rob is a graduate of SUNY New Paltz. In 1998 he founded ``Help For Children/Hedge Funds Care``, the industry charity dedicated to saving children from the trauma of abuse. To date, more than $50 million has been donated to organizations focused on the prevention and treatment of child abuse. Rob continues to serve as Chairman Emeritus of Hedge Funds Care.

Joseph S. McAlinden, CAIA

Finance & Operations

Joe has over 20 years of operational and trading experience. He has held positions as a Distressed bond trader at FBR, High Yield bond trader at Britton Hill Capital, where he also worked with entrepreneurs for raise first and second round capital, as the COO and head trader for Catalpa Capital’s now closed global macro hedge fund, and as a trader on the High Yield Fixed Income desk at Bear Stearns.

In addition to trading fixed income products, Joe was the proprietary equity trader for the Distressed/Special Situations Desk focusing on post-bankruptcy equities. Prior to Bear Stearns he worked on the Floor of the NYSE for Merrill Lynch Specialists Inc. and Walter N Frank & Co. Joe has studied at Vassar College and received a B.A. in Economics from Hartwick College.

Sean McGovern

Research Analyst

Sean is a Research Analyst at MRP. His responsibilities include macroeconomic analysis and participating in MRP's thematic investment research process. He is an avid investor and has followed the markets throughout his high-school and college years. Sean holds B.A. degrees in Economics and Theatre Arts from Rowan University.

Hugh Allen

Research Analyst

Hugh is a Research Analyst at MRP. His responsibilities include participating in macroeconomic analysis and corporate branding. Hugh has a background in marketing and design, and holds a B.A. in Computer Science & Business from Trinity College Dublin, Ireland.

Contact Us

 

60 E 42nd Street

New York

NY 10165

 

(646) 964-6152

 

rob@mcalindenresearch.com