Alan Greenspan Joins Advisors Capital

Dr. Alan Greenspan
Dr. Alan Greenspan

RIDGEWOOD, NJ  — Advisors Capital Management, LLC (ACM), a NJ investment manager, announced that Dr. Alan Greenspan has joined ACM as Economic Advisor. The former Federal Reserve Chairman will work closely with senior members of the firm and participate in the firm’s investment committee by providing economic analysis to support the firm’s top-down approach to selecting sectors in the economy for investment.  Dr. Greenspan will also provide economic and market valuation analysis.

ACM’s co-founder and Chief Investment Officer, Dr. Charles Lieberman, said, “I am very excited to resume working with one of the towering members of the economics profession. He has served our profession and our nation with distinction. I am now pleased we can bring the benefit of his insight to our investment clients.”

Dr. Greenspan’s insight will be highly beneficial to ACM’s investment management. ACM’s investment process led by Dr. Lieberman, a former Wall Street, and Federal Reserve economist, identifies economic sectors that might be affected by macro developments, before implementing a value oriented bottom-up securities selection.

Alan Greenspan served five terms as chairman of the Board of Governors of the Federal Reserve System from August 11, 1987, when he was first appointed by President Ronald Reagan.  His last term ended on January 31, 2006. He was appointed chairman by four different presidents and a fixture on CNBC.

Greenspan formed his own consulting firm, Greenspan Associates, after leaving the Federal Reserve.