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Accretive Asset Management LLC
29 S Webster Street
We operate our business in accordance with the highest professional and ethical standards. We honor our commitments and take personal responsibility for our actions. We seek to engender trust in both clients and colleagues.
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Accretive Asset Management LLC, Contact Us
General Counsel and Head of Investment Strategy
Direct: (630) 882-0229
Accretive Asset Management LLC Executive Team
Matt is the Head of Investment Strategy and General Counsel of Accretive Asset Management LLC.
Matt plays a key role in setting corporate policy and executing business development initiatives, advises the company on legal and strategic matters and oversees its legal affairs.
Matt previously served as Vice President, Assistant General Counsel for Claymore Group Inc., where he provided legal services to Claymore-advised registered investment companies and provided advice and counsel on the development and distribution of a variety of pooled investment products, including exchange-traded funds, closed-end funds, and other non-investment company structures.
Before joining Claymore, Matt held the positions of Securities Counsel for Caterpillar Inc. and Chief Compliance Officer and Secretary for its wholly-owned subsidiary, Caterpillar Investment Management Ltd., and served as Chief Compliance Officer of the Preferred Group of Mutual Funds, a mutual fund complex advised by Caterpillar Investment Management Ltd.
Matt began his legal career as an Associate in the Corporate Department of Skadden, Arps, Slate, Meagher & Flom LLP.
Matt holds an MBA from the University of Chicago, a JD from the University of Illinois College of Law and a BA from the University of Illinois.
Accretive Asset Management LLC Press Releases
November 10, 2010 Matt Patterson, Head of Investment Strategy for Accretive Asset Management LLC, recently published a commentary on seekingalpha.com entitled Dilution by a Thousand Costs: The Case for Index-Based ETFs Over Mutual Funds. . . . more (PDF)
September 15, 2010 Matt Patterson, Head of Investment Strategy for Accretive Asset Managment LLC, recently published commentary on Morninstar.com entilted Design Flaws of Traditional Index-Based Bond ETF . . . more (PDF) The full article can be accessed via Morningstar.com
"Whether it's corporate bonds or other ...
"Whether it's corporate bonds or other segments of the fixed-income market, if only a small share of the individuals currently investing in individual bonds adopt defined-maturity bond ETFs as an alternative, it's an opportunity in the billions of dollars," said Matthew Patterson, a managing director with Accretive Asset Management in Naperville, Illinois.
With the size of the overall U.S. corporate bond market at $7.7 trillion with individual investors holding approximately $3.5 trillion of this debt, the defined maturity ETF is gaining in popularity.
At the end of 2010 after 6 months on the market, BulletShare ETF assets totaled $130 million compared to the end of 2011 when assets reached $770 million.
In 2012, there's now $1.65 billion invested in Guggenheim
defined maturity ETFs, according to Accretive data.
"It's safe to say that we've seen a favorable reception to the product because retirees need ETFs that help them live off their savings," said Patterson
By the time the five years ...
By the time the five years comes around, the fund has rolled into intermediate term exposure which means the investor "is at risk of experiencing a significant capital loss if interest rates rise before he liquidates his investment" according to Matthew Patterson, Head of Investment Strategy at Accretive Asset Management LLC.