An independent, employee-owned, asset management firm

Knowledge Leaders Capital is a US-Registered Investment Advisor based in Denver, Colorado. The firm identified the Knowledge Effect – the tendency of highly innovative companies to generate excess returns in the stock market — and created the first investment methodology that seeks to capture those excess returns. The Knowledge Leaders investment products seek to transform these excess returns into portfolio alpha for investors. Knowledge Leaders Capital is creator, designer and manager of the Knowledge Leaders Strategy, investment products and separate accounts. Learn more about the academic foundations of the strategy here: Knowledge Effect

The Knowledge Leaders Strategy seeks to transform the Knowledge Effect into portfolio alpha. We identify Knowledge Leaders, or highly innovative companies, by measuring a company’s investment in its future growth. Knowledge Leaders possess deep reservoirs of intangible capital as a result of their history of investing in knowledge-intensive activities like R&D, brand development and employee education. Developed by founder Steven Vannelli and based on decades of academic research, our proprietary model adjusts a company’s financial history to capitalize these investments and reveal the companies with the greatest knowledge intensity. The companies that pass our quantitative screen are identified as Knowledge Leaders. We look for the best opportunities among Knowledge Leaders for investment by our actively managed funds. 

April 22, 2020

KL Allocation Fund Earns 5-Star Rating from Morningstar

June 6, 2018

Bubble-Like Stock Valuations Miss $3.4 Trillion in Hidden Assets

March 17, 2017

Gavekal Capital is now Knowledge Leaders Capital – a letter from our CEO

December 12, 2016

50 Twitter accounts for investors to follow in 2017

May 11, 2015

Kurzweil Accelerating Intelligence: The Knowledge Effect – Excess Returns of Highly Innovative Companies

The information presented here is for informational purposes only and should not be construed as an offer to sell, or the solicitation of an offer to buy securities. Some investments are not suitable for all investors and there can be no assurance that any investment strategy will be successful. Any links  included will provide direct access to other internet resources, including websites. While we believe these links are to reliable sources, Knowledge Leaders Capital has no control over the accuracy or content of information on these sites. The entirety of the commentary is included in the linked sites referenced above.