Over the past several months, private investors and their advisors have been pondering the wisdom of accelerating long-term capital gains in the 2012 tax year. This paper looks at why.
Every investor knows about Yale University and the extraordinary success of its endowment portfolio. Indeed, many families have tried to emulate Yale’s approach to asset management, for obvious reasons. Unfortunately, fewer people are aware of of the Norway Government Pension Fund. While there are certainly aspects of the Yale Model that are useful to private investors, the Norway Model seems to speak much more directly to families and, equally important, seems to be implementable by all but the smallest family investors.
This white paper examines the need for family office reporting and types of reporting, the challenges in providing such reporting, how to design a reporting framework, the effects of the recent financial crisis and impending securities legislation, typical versus best practice reporting, the role of technology, and outsourced reporting solutions.
Over the past 20 years, economic, political and technological events have led to a dramatic growth in Emerging Market economies. Increased globalization, the dissolution of the communist bloc and the opening up of previously inaccessible markets such as China have all played a part in the expansion of investment opportunities in these countries, which has in turn helped to reshape the investment universe in Emerging Markets. The Emerging Market corporate bond market has become particularly appropriate for a wider range of investors due to its size, liquidity and improving transparency.
The four articles in this paper provide investment perspectives on the U.S. recovery, the Eurozone crises, the nature of China’s landing and whether policy makers have unleashed deflation or inflation.
The increase in ultra-high net worth families around the world—especially in the emerging economies of Asia, the Middle East, and Latin America—makes family offices a growing force in the global investment market. But if family offices are to live up to the high expectations of their client families, they must offer an exceptional level of service. To meet these service expectations, family offices need to have a sophisticated technology infrastructure in place.
The cloud is the hottest buzzword in the technology industry right now. The whole subject of cloud computing, however, is often clouded — so to speak — by a lot of technical terminology and marketing hype. This white paper is an introduction to cloud computing written specifically for investment managers. It explains what cloud computing is, describes the different forms it comes in, identifies how it can be useful to investment managers, and maps out the most common concerns and pitfalls of moving to the cloud.
This basic primer for investment managers provides a thorough introduction to exchange-traded funds – what they are, how they work, why they can be useful – and examines why regulators have been taking a closer look at them lately.
This presentation details the key findings of a study looking at the effect of private equity on employment.
Deciding whether to invest in an art fund? This article examines challenges in defective title that art funds and their investors may face in the unregulated art and collectibles market.