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Research

Do some university endowments earn alpha?

This paper concludes that the average asset allocation of elite institutions and top‐performing funds is the single most important determinant of their superior returns during the last 20 years.   To access the paper click below: Do (Some) University Endowments earn Alpha
Fixed Income

Fund flows demonstrate a defensive 2011

Analysis of asset class and sector fund flows in 2011 reveals investors’ propensity to flock to defensive assets, according to data from EPFR Global. Emerging market equities revealed the biggest difference year on year, with outflows of $47.7 billion for 2011 contrasting with inflows of $95.6 billion for the previous year. The emerging markets equity […]
Uncategorised posts

Macro risks remain dominant: Cambridge

Macro-economic risks remain the biggest investment concern this year, while certain distressed assets will present the best opportunities, according to managing director of Cambridge Associates, Sandra Urie. “The dislocation in European markets has already created investment opportunities across different credit markets, and we believe these may expand as the pace of European bank deleveraging accelerates,” […]
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