STRONG RESULTS FOR RENMAC & SCOWCROFT IN INDUSTRY SURVEY

October 23, 2013

We are pleased to announce that our partner Renaissance Macro Research placed fourth (runner-up out of 17 teams total) in the Washington Research category of Institutional Investor’s 2013 All-America Research Team. RenMac’s Kim Wallace and The Scowcroft Group’s Tom Gallagher each received individual votes for the team, and RenMac founder Jeff deGraaf retained his #1 ranking in the Technical Analysis category. We congratulate them all for the recognition of their work by the leaders of the investment industry.