Meet the Portfolio Managers
Multiple managers with diverse investment styles, competitive track records and decades of experience manage your money
The Azzad Team of Institutional Money Managers
Would you attend a college where only one professor taught multiple subjects, from engineering to writing to medicine? So why would you entrust your money to just one portfolio manager?
Azzad has selected a team of experienced institutional money managers to manage our mutual funds and investment portfolios. Selecting money managers and evaluating their ongoing performance is a critical part of what we do. We choose managers we believe will have the greatest potential to drive our portfolios’ long-term performance by generating excess returns, in accordance with our halal investment philosophy.
Our multi-manager selection process strives to identify top talent:
- We perform an in-depth assessment of a firm’s investment team including its expertise, resources and background;
- Managers must demonstrate a commitment to delivering competitive performance within our halal investment restrictions;
- We continue to conduct ongoing, rigorous due diligence on our managers to ensure their investment process continues to be a promising fit for our program;
- Our investment committee meets regularly to assess a manager’s performance, review their portfolio and discuss their overall contribution to our program;
- Managers are replaced if quantitative results no longer meet our qualitative expectations.
The Azzad Team of Institutional Money Managers
We invite you to learn more about our managers by clicking on the links below:
D.F. Dent and Company, Inc. manages Azzad's mid-cap growth model
D.F. Dent was founded as an independent investment counseling firm by Daniel F. Dent in 1976.
The firm is wholly owned by its nine principals and is unaffiliated with any other financial organization. It manages $6.1 billion as of 6/30/2019.
D.F. Dent provides portfolio management services to individuals, high net worth individuals, corporate pension and profit‐sharing plans, Taft‐Hartley plans, wrap‐fee programs/UMAs, charitable institutions, foundations, endowments, municipalities, registered mutual funds, private investment funds, trust programs, and other U.S. institutions.
Federated Investment Management manages Azzad's halal fixed income mutual fund
Federated Investment Management Company is a subsidiary of Federated Hermes, Inc., one of the largest investment managers in the United States.
Federated provides comprehensive investment management to institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.
As of December 31, 2019, Federated Investment Management Company had $376,842,608,825 in total assets under management.
Kayne Anderson Rudnick manages Azzad's small-cap growth model
Kayne Anderson Rudnick Investment Management (KAR) was founded in 1984 by two successful entrepreneurs, Richard Kayne and John Anderson, to manage the funds of its principals and clients. John Anderson was a prominent Los Angeles attorney and businessman, member of the Forbes 400 and named benefactor of The Anderson School of Business at The University of California, Los Angeles. As of December 31, 2019, Kayne Anderson Rudnick’s total assets under management was approximately $33 billion.
Clients include corporate and public pension plans, foundations, endowments, brokerage firms, and high-net-worth individuals. Our range of domestic equity and fixed income strategies all embody our unified investment philosophy. The firm, headquartered in Los Angeles, is wholly owned by Virtus Investment Partners (NASDAQ: VRTS).
Scout Investments manages Azzad's international model
Scout Investments (Scout) is a national investment management firm. It provides discretionary investment management services to registered and unregistered investment companies, institutional accounts, and individuals through separately managed accounts.
Scout also provides model portfolios to financial intermediaries for use in unified managed accounts. Scout was formed in 2001 and is a wholly owned subsidiary of Carillon Tower Advisors, Inc., a subsidiary of Raymond James Financial, Inc. Scout’s portfolio management team includes Michael Stack, CFA® and Angel Lupercio who are supported by a full team of research analysts. Scout managed approximately $24.2 billion as of 9/30/19.
SKBA Capital Management, LLC manages Azzad's large-cap value model
SKBA Capital Management, LLC was founded in 1989 by a team of senior professionals who joined in 1976 to form the Institutional Investment Management Group at the Bank of California.
SKBA is a majority employee-owned investment adviser registered with the Securities and Exchange Commission. As of December 31, 2019 SKBA managed approximately $699 million on a discretionary basis.
The firm employs a collaborative team approach to investing which brings together over three decades of experience to investment management. SKBA’s goal is to emphasize long-term wealth accumulation while avoiding risk of a permanent loss of capital. Its managers are disciplined, value managers.
Tributary Capital Management manages Azzad's small-cap value model
Tributary Capital Management’s parent company has a rich history dating back to the mid-1800s.
They are a wholly owned subsidiary of First National Bank of Omaha, which is a wholly owned subsidiary of First National of Nebraska, the largest privately held financial services company in the United States.
Firm equity assets, including model portfolios, wrap accounts, separately managed accounts and mutual funds (excluding sub-advised funds) were $2.7 billion as of December 31, 2019. They are an investment adviser registered with the Securities and Exchange Commission. The firm manages assets for corporations, mutual funds and other institutions. The firm’s investment team averages nearly eighteen years of industry experience, including over eight years with Tributary. Five of their investment professionals hold the CFA® charter.
Ziegler Capital Management manages Azzad's large-cap growth model
Ziegler Capital Management, LLC is a registered investment adviser based in Chicago and provides investment solutions for institutions, mutual funds, municipalities, pension plans, Taft Hartley plans, and individual investors.
As of December 31, 2019, ZCM has statutory assets under discretionary management of $10.7 billion and non-discretionary assets of $41.6 million.