3EDGE Asset Management

3EDGE Asset Management
303 Congress Street
Suite 501, Boston, MA 02210
Phone: 844.903.3343
Fax: 617.315.4375
3edgeam.com

Articles by 3EDGE Asset Management

Stephen J. Cucchiaro
Chief Executive Officer & Chief Investment Officer

Stephen J. Cucchiaro

In his over 35 years of studying the global capital markets and managing investment portfolios, Mr. Cucchiaro has become known for his use of proprietary investment research methods including the application of concepts from system dynamics, complexity economics, artificial intelligence and multi-player game theory to analyze the global capital markets. Mr. Cucchiaro began managing investment portfolios in 1994. He was the founder and served as President and Chief Investment Officer of Windward Investment Management Inc., which was acquired by Charles Schwab in November 2010. At the acquisition, Windhaven Investment Management continued the business of Windward. From the early days of Windward through June 2014, assets under management under Mr. Cucchiaro’s tenure grew from less than $75 million to nearly $20 billion. After more than three years of working towards a successful transition following the acquisition, Mr. Cucchiaro left Windhaven in June of 2014.

Mr. Cucchiaro has appeared on Bloomberg TV and Radio, CNBC, Consuelo Mack’s WealthTrack and the Nightly Business Report, and has been quoted in The Wall Street Journal, Barron’s, The Financial Times, Forbes and BusinessWeek.

Mr. Cucchiaro has an SB in Mathematics from M.I.T. and an MBA in Finance from the Wharton School at the University of Pennsylvania. During the late 1970s, Mr. Cucchiaro was a member of the US Olympic Team in yacht racing and became national champion of his class in 1978 and Gold Medalist in the 1979 Pan American Olympic Games. He serves on the Board of Directors of the Institute for Health Metrics and Evaluation (IHME) and is a member of the MIT Sloan Finance Group Advisory Board.

DeFred G Folts III, Fritz
Managing Partner and Chief Investment Stratigest

DeFredGFoltsIII, Fritz

Mr. Folts served with Steve Cucchiaro for over 11 years on the investment committees at both Windward and Windhaven Investment Management, Inc. Most recently, he was the Chief Investment Strategist at Windhaven Investment Management. After the acquisition of Windward by Charles Schwab, Mr. Folts was responsible for the distribution of Windhaven’s investment solutions throughout the entire Charles Schwab nationwide retail branch network. He and his team raised over $10 billion in new assets under management. Prior to joining Windhaven, Mr. Folts was co-founder and served as President of Saugatuck Securities a registered broker dealer firm which provided investment banking and capital raising services to hedge fund and private equity firms. Mr. Folts began his career at The Boston Company, where he served as Vice President and Director of Global Funding for the then newly formed Boston Safe Deposit & Trust Co., (U.K.) Ltd., in London, England.

Mr. Folts received his BA with a major in Political Science from Connecticut College and his MBA from IESE (Instituto Estudios Superiores de la Empresa), a bilingual Spanish - English MBA program in Barcelona, Spain. He is the Chair of the Board of Trustees at Connecticut College where he also serves as on the Investment Committee for the college’s endowment fund. Mr. Folts also serves on the U.S. Advisory Council for the IESE Business School in Barcelona, Spain.

Eric Biegeleisen, CFA
Partner, Deputy Chief Investment Officer & Portfolio Manager

Eric Biegeleisen

Mr. Biegeleisen is a member of the investment committee. He served with Steve Cucchiaro on the investment committees for both Windward and Windhaven Investment Management, Inc. His research effort is focused on discovering and exploring the interconnectedness of the global capital markets through quantitative and qualitative analyses, including utilizing machine learning algorithms. He is experienced in investment modeling, implementing efficient trading practices and has significant ETF industry experience. Prior to joining 3EDGE, Mr. Biegeleisen was the Director of Quantitative Research and Portfolio Manager at Beaumont Capital Management. He was the Chief Investment Officer and Portfolio Manager of Broadmeadow Capital, LLC an investment firm which he co-founded in 2014. Prior to this, he worked for Windhaven Investment Management as a Senior Investment Analyst and then Director of Research, leading the firm’s quantitative modeling, product due diligence and portfolio structuring. Before joining the investment industry, Mr. Biegeleisen was an engineer for General Dynamics and Textron, working to develop next-generation communications and defense solutions.

Mr. Biegeleisen has a BS in electrical engineering from Trinity College in Hartford, CT, an MS in electrical engineering from the University of Southern California, and an MBA from Boston University’s Questrom School of Business. He became a CFA charterholder in 2011 and is an active member of the CFA Society Boston.

Monica Chandra
President, Head of Business Development

Monica Chandra

Ms. Chandra has more than 25 years of senior management experience, spanning innovative startups and large financial services firms. She was most recently the President and Co-founder of TurnRight Advice Solutions, providing an online mentoring platform to professional organizations and educational institutions. She has also held senior roles at Fidelity Investments within the firm’s retirement services and personal investing businesses, including Executive Vice President of Defined Contribution Product Development and Senior Vice President for Human Resources Strategy and Planning. Prior to Fidelity Investments, she helped co-found Harbor Software, a visual database tools company, and What-if-I Financial, a provider of online advice-based investing.

Monica holds a Bachelor of Science in Chemistry from the University of Mumbai and a Master in Business Administration from Boston College. She serves on the Board of Trustees of Dana-Farber Cancer Institute, Inc. and on the Board of Trustees of the Museum of Fine Arts. She is a founding member of the Council for Women of Boston College and a recipient of the 2007 Distinguished Alumni Achievement Award from Boston College’s Carroll School of Management. She is also active with the Boston chapter of TiE, the largest not-for-profit organization promoting entrepreneurship.

More Articles

How Overvalued Is the S&P 500?

How Overvalued Is the S&P 500?

3EDGE Chief Investment Strategist Fritz Folts and CEO/CIO Steve Cucchiaro focus on the importance of valuation. How important is valuation…

The Case for Gold

The Case for Gold

It’s been a good year so far for gold – up almost 9%, narrowly beating the S&P 500. So, in…

Until Something Breaks…

Until Something Breaks…

 Fritz Folts, 3EDGE Chief Investment Strategist, and Steve Cucchiaro, CEO and Chief Investment Officer, discuss the recent developments in…

Signs of an Echo Bubble

Signs of an Echo Bubble

 In this 3EDGE Week in Review video, we discuss Signs of an Echo Bubble. 3EDGE Chief Investment Strategist Fritz Folts…

The Fed Talks Tough

The Fed Talks Tough

Published on December 17, 2022 In this weekend video, The Fed Talks Tough, Chief Investment Strategist Fritz Folts and CEO…

Goldilocks vs. the Bears

Goldilocks vs. the Bears

 In this weekend video, Chief Investment Strategist Fritz Folts, and CEO/CIO, Steve Cucchiaro, discuss the various factors that could…

The Great Bond Bear Market of 2022

The Great Bond Bear Market of 2022

(“The Great Bond Bear Market of 2022,” originally published October 8, 2022) Historically, investors have looked to fixed-income securities to…

Market Melt-Up! How Long Can It Last?

Market Melt-Up! How Long Can It Last?

 Download the full View From the EDGE® paper on the 3EDGE website: https://3edgeam.com/view-from-the-edge-june-2022/ Our weekend video, Market Melt-Up How…

Threat of Stagflation Persists

Threat of Stagflation Persists

By DeFred Folts III, Managing Partner, Chief Investment Strategist and Eric Biegeleisen, CFA, Partner, Chief Investment Officer Despite the recent…

Are U.S. Equities Overvalued?

Are U.S. Equities Overvalued?

 3EDGE’s Chief Investment Strategist, Fritz Folts, and Steve Cucchiaro, CEO and Chief Investment Officer, focus this weekend video on:…

Why TIPS? Why Now?

Why TIPS? Why Now?

Our weekend video focuses on Treasury Inflation-Protected Securities or TIPS: Why TIPS, Why Now? 3EDGE’s Chief Investment Strategist Fritz Folts and…

March 2022 View from the EDGE®

March 2022 View from the EDGE®

https://www.youtube.com/watch?v=etOMTyUn_p0&t=4s Equities: U.S. Equities: Russia’s invasion of Ukraine has dominated the news and the global capital markets and helped push U.S.…

Crisis in Ukraine

Crisis in Ukraine

https://youtu.be/x3clNVFj3NQ Geopolitical uncertainty has always been a risk that we take seriously at 3EDGE and seek to hedge against. In…

As the Yield Curves

As the Yield Curves

Our weekend video focuses on a topic that is in the news a great deal. Fritz Folts, Managing Partner and…

February View from the EDGE®

February View from the EDGE®

https://www.youtube.com/watch?v=8ZrYb4WsBVY&ab_channel=3EDGEAssetManagement Equities: ▶ U.S. Equities: Despite the drop in equity prices during January, the S&P 500 Index of predominately large-cap growth…

Buy the Dip or Sell the Rally?

Buy the Dip or Sell the Rally?

https://youtu.be/-fnk_fDO2rw The mantra of retail investors since the onset of the pandemic has been to buy the dip – an…

Crypto Explained

Crypto Explained

Join Chief Investment Strategist Fritz Folts and Deputy CIO Eric Biegeleisen as they take a quick look at this past…

Important Risk Disclosure

Investing involves risk including the risk of loss of principal.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

This communication is not intended to be an investment recommendation or investment advice and should not be relied upon as such.

The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its affiliates (“S&P DJI”) and have been licensed for use by State Street Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones Indices; and these trademarks have been licensed for use by S&P DJI and sublicensed for certain purposes by State Street Global Advisors. The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of these indices.

Distributor: ALPS Distributors, Inc., member FINRA, is distributor for SPDR® S&P 500®, SPDR® S&P MidCap 400® and SPDR® Dow Jones Industrial Average, all unit investment trusts. ALPS Distributors, Inc. is not affiliated with State Street Global Advisors Funds Distributors, LLC.

State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, One Iron Street, Boston, MA 02210.

Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus, which contains this and other information, call 1.866.787.2257 or visit www.ssga.com. Read it carefully.

None of State Street Corporation, State Street Global Advisors, SSGA Funds Management, Inc. or any of their affiliates or subsidiaries (“State Street”) are affiliated with Vettafi ETF Strategist. However, State Street may enter into, and may have entered into, certain marketing arrangements with Vettafi ETF Strategist, including arrangements relating to SPDR® ETFs. State Street does not endorse Vettafi ETF Strategist and disclaims any liability associated with Vettafi ETF Strategist.

The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSGA’s express written consent.

© 2023 State Street Corporation - All Rights Reserved.

Not FDIC Insured – No Bank Guarantee – May Lose Value