Hedge Fund-ing the Pension Deficit: The Case for UK Schemes
Select hedge funds have provided attractive long-term returns with reduced equity beta and can be integral to pension investment strategies.
October 2016
Insights
Don't Forget the Credit Spread!
While corporate plan sponsors are keenly aware of interest rate risk within their defined benefit plans, few fully appreciate the complex and significant risk posed by credit spreads.
October 2016
The Private Path to Latin America’s Most Dynamic Sectors
For investors seeking regional diversification and differentiated exposure to emerging markets, Latin American private equity and venture capital warrants serious consideration.
September 2016
The Foundation of Good Governance for Family Impact Investors: Removing Obstacles and Charting a Path to Action
Before incorporating impact investments into their portfolios, we encourage families to define the overall context for their impact investments. Our contextual framework—focused on purpose, priorities, and principles—establishes the base of impact strategy and guides the development of governance structures. These elements will help ensure that family values and decision-making processes are advantages rather than obstacles in pursuing impact investing goals and objectives
September 2016
Keeping Underwater Endowments Afloat (and the Programs They Support)
When endowment funds slip “underwater” (below the historic dollar value of the original gift), institutions face a tradeoff between distributing anticipated budget support and restoring the endowment to its original value. Ultimately, the choice of underwater policy depends on the situation and needs of each institution in balancing endowment preservation with program support.
August 2016
The 15 Percent Frontier
With virtually limitless choices along the asset allocation spectrum, an allocation to private investments greater than 15% has served many investors well. Are you on the right track?
July 2016
Hedge Fund-ing the Pension Deficit
Select hedge funds have provided attractive long-term returns with reduced equity beta and can be integral to pension investment strategies.
June 2016
The Foundation of Good Governance for Endowments and Investment Committees
To create the conditions for good governance, endowments should assess whether they have in place the appropriate model for portfolio oversight and management, are upholding their fiduciary responsibilities, and are learning about peer best practices in structure, process, policies, and role of the portfolio.
May 2016