New Challenges, Different Approaches
In light of these factors, many fiduciaries are evaluating their current model of portfolio governance. This evaluation can reaffirm the current structure and process, or it can lead fiduciaries to identify alternative oversight models that use their limited time and resources more efficiently.Making portfolio decisions during episodic committee meetings is more challenging than ever. That is why many fiduciaries have begun to explore alternative approaches to day-to-day management of their assets.
There is an easier way.
Investment Architects, Innovative Design
CA Capital Management is the dedicated business unit of Cambridge Associates that serves as the outsourced investment office for nonprofit institutions and pension plans around the globe.
As a part of Cambridge Associates, we draw on 40 years of experience working with the world’s leading investors. We understand the practices that investment offices should emulate, and those they should avoid, when building institutional portfolios. We used that insight to create CA Capital.
Our CIOs and investment teams take complete responsibility for portfolio management within client guidelines— including investment strategy, portfolio construction, risk management, manager hiring and firing, and rebalancing.
And we are accountable for the results.
A Custom Solution Made Easy
Unlike “one-size-fits-all” solutions or inflexible commingled funds, our CIOs build a portfolio uniquely suited to your institution’s needs.
And our back office team assumes responsibility for the investment operations of each client’s portfolio, freeing staff from the burden of portfolio operations.
CA Capital Model
The Importance of Independence
At Cambridge Associates, we offer investment solutions, not investment products. And we never receive any financial incentives from investment management firms to invest in their products. The decisions we make for your portfolio are based on what is best for you.
Our commitment to independence also allows us to offer a true best ideas approach. Our CIOs and investment teams draw investment ideas from more than a thousand funds globally that our dedicated research team has vigorously researched and deemed suitable
for client investment.
Other outsourced CIO providers who offer internally managed funds only conduct research on a small subset of external managers. This can greatly limit the options they consider for client investment outside of their own products.
The Four Tenets of Portfolio Construction
Our investment philosophy underpins how we manage portfolios. We focus on generating superior performance by building customized portfolios aimed at maximizing returns within appropriate risk parameters.
The policies governing the management of the portfolio should reflect the operational realities of the institution that owns it.
Successful investing in the past required a sound asset allocation. Successful investing today requires strict attention to risk allocation as well.
While the asset and risk allocations will account for much of the return, skillful manager selection— especially in volatile markets or niche strategies—is an important component of excess return over and above what the market provides.
Timely and accurate performance monitoring allows us to manage your portfolio and for you to evaluate our work.
How We Build Portfolios
Focused on maximizing returns within your stated risk parameters, we manage your portfolio as if it were our own.
Drives investment policy and strategic asset allocation.
- Analyze a range of operating issues that may impact your investment strategy
- Understand your institution, return objective, and risk profile
- Develop a customized long-term investment policy that integrates these factors
- Analyze performance to understand the ways in which decisions have affected the portfolio
- Share feedback with you so you can evaluate our work
- Provide ongoing feedback loop to improve portfolio management
What We Offer
We are responsible for your portfolio, using all CA resources to optimize returns. And we are accountable for the results.
For more information on how CA Capital Management can serve as your outsourced investment office, please contact us.