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Thought Leadership

Insights from Tocqueville

Insights

Making Sense of It All

Making Sense of It All

By Robert Kleinschmidt on May 9, 2025

Let us stipulate at the outset that the single most pressing and dangerous problem facing the U.S. is its gargantuan National Debt and its ability to service it now and in the future.  Failure to solve this issue renders all other concerns trivial including, China, Ukraine, Gaza, Climate Change, Illegal Immigration, Demographic Collapse, etc. A …

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American Exceptionalism

American Exceptionalism

By John Petrides on February 4, 2025

In financial markets today, the term “American Exceptionalism” has gained momentum, and rightly so, as shown in the chart below as well as in U.S. equity market returns compared with the rest of the world. Still, it can be argued that valuation for the S&P 500 is far from exceptional. Access it directly here: American …

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The Resilient Bull: Investing Amidst Global Turmoil

The Resilient Bull: Investing Amidst Global Turmoil

By Paul Kleinschmidt on November 1, 2024

Markets, it is said, need a “Wall of Worry” to climb. Rarely has Mr. Market had such a formidable wall in which to drive his crampons than the current one. Growing war in the Middle East, the sturm and drang of ongoing inflation, unemployment, the enthusiasm and abundance of spending on AI (being met by …

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Seeking Value Around the Globe

Seeking Value Around the Globe

By James Hunt on July 31, 2024

When I became partner at Tocqueville in 2000, we were at the tail end of the dotcom bubble. The previous five years had been characterized by a surge in technological innovation around the Internet, with U.S. companies leading the way. In equity markets, this resulted in a concentration of interest and fund flows into U.S. …

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News

Tocqueville Asset Management Welcomes Poplar Forest Capital Team

Tocqueville Asset Management Welcomes Poplar Forest Capital Team

By Richard Zhang on February 13, 2025

NEW YORK, NY – February 13, 2025 – Tocqueville Asset Management, a 40-year-old investment management firm committed to delivering financial advice and services to families and institutions worldwide, today announced that the advisory team at Poplar Forest Capital would be joining Tocqueville. Poplar Forest Capital has assets of $1.3 billion and was founded in September …

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Tocqueville Asset Management and CapZone Impact Investments Announce Opportunity Zone Project in Colorado Springs

Tocqueville Asset Management and CapZone Impact Investments Announce Opportunity Zone Project in Colorado Springs

By Richard Zhang on July 7, 2022

NEW YORK–(BUSINESS WIRE)–Tocqueville Asset Management L.P. (“Tocqueville”) and CapZone Impact Investments LLC (“CapZone”), have announced an equity investment in The Veterans Victory, a multifamily housing Opportunity Zone project in Colorado Springs, Colorado. The development will construct housing for veterans and disabled veterans, an underserved community that has traditionally faced obstacles in obtaining appropriate housing. The …

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Tocqueville Asset Management Announces First Opportunity Zone Funds Focused on Strong ESG Guidelines and Sustainable Infrastructure

Tocqueville Asset Management Announces First Opportunity Zone Funds Focused on Strong ESG Guidelines and Sustainable Infrastructure

By Richard Zhang on October 7, 2021

Video Transcript   Joseph Zock [00:00:05] Thank you, everyone, for joining us today for the discussion of the launch of the Tocqueville CapZone Opportunity Funds.  My name is Joseph Zock and I am a portfolio manager at Tocqueville Asset Management. Joining me today are Peter Shawn, who is also a portfolio manager at Tocqueville and Al Puchala, who is the [CEO] of CapZone Impact …

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Tocqueville Welcomes Alexander Stock

Tocqueville Welcomes Alexander Stock

By Paul Kleinschmidt on March 15, 2021

Tocqueville Asset Management today announced that Alexander Stock has joined the firm as portfolio manager. He will work closely with senior portfolio manager Joseph Piropato. “We are delighted that Alex has joined Tocqueville,” said Piropato, who is also a member of the firm’s management committee. “Over the past twelve years I have had the pleasure …

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Poplar Forest

You are about to leave the site of Tocqueville Asset Management, L.P. The link you have accessed is provided for informational purposes only and should not be considered a solicitation to become a shareholder of or invest in the any mutual fund managed by Tocqueville Asset Management, L.P. Please consider the investment objectives, risks, and charges and expenses of any mutual fund carefully before investing. The prospectus contains this and other information about the Funds. You may obtain a free prospectus by downloading a copy from the Poplar Forest (www.poplarforestfunds.com/), by contacting an authorized broker/dealer, or by calling 1-877-522-8860. Please read the prospectus carefully before you invest. By accepting you will be leaving the site of Tocqueville Asset Management, L.P.

Tocqueville Funds

You are about to leave the site of Tocqueville Asset Management, L.P. The link you have accessed is provided for informational purposes only and should not be considered a solicitation to become a shareholder of or invest in the any mutual fund managed by Tocqueville Asset Management, L.P. Please consider the investment objectives, risks, and charges and expenses of any mutual fund carefully before investing. The prospectus contains this and other information about the Funds. You may obtain a free prospectus by downloading a copy from the Tocqueville Funds website (www.tocquevillefunds.com), by contacting an authorized broker/dealer, or by calling 1-800-697-3863. Please read the prospectus carefully before you invest. By accepting you will be leaving the site of Tocqueville Asset Management, L.P.