Resource Search

New research shows flexible managers, or those who can invest in any equity category, delivered higher returns than their benchmark and higher returns than the aggregated performance of style box managers, or those who invest only in a particular equity category. The median flexible manager outperformed the benchmark by 3.2% annualized and the median style box manager by 1.4% annualized.

Companies that are responsive to the changing economic, social and environmental landscape, brought about by trends related to climate change, will create opportunities (that will not come without challenges) to grow their businesses and, in turn, create wealth for their stakeholders.

When stocks are volatile and bonds offer historically low yields, investors may seek to generate positive returns by investing in assets that are either driving inflation or offer protection during turbulent economic times. These real assets have historically outperformed stocks and bonds during periods of accelerating inflation and provided additional diversification for investors seeking to control portfolio volatility.

The underlying TALF investment thesis is compelling, but for many individuals the return potential may be too small given the illiquidity and leverage. This paper examines the pros and cons of TALF investments, enabling individuals to make an informed decision about whether this particular investment opportunity is right for them.

Meeting significant charitable goals efficiently creates a disproportionate need for the characteristics inherent in liquid, public securities. Increasing the allocation to liquid asset classes from 29% to 75% on a tax-managed basis can generate comparable returns to the endowment model after taxes while maintaining the flexibility needed to handle cash flow interruptions and changes in markets, tax regimens and personal goals.

Managed futures, as an asset class, has several inherently beneficial attributes that are often unavailable in other types of alternative investments. This paper examines those attributes – liquidity, non-directionality, non-correlation, cash efficiency, transparency and diversification – and their relevance to investors of substantial means.

Portfolios can evaporate by being too concentrated, overly leveraged or simply having inferior investment management that does not focus on the long term or loses it on poorly timed speculation. A brief paper from The Beringer Group recommends that great wealth be invested utilizing a solid set of investment principles designed to preserve and grow assets over multiple market cycles.

The role of commodities in a strategic portfolio has not changed much during the past 40 years and, indeed, not in the 22 years of the Tangible Asset Program portfolio. In this paper, Gresham Investment Management explains why it believes commodities will continue to provide diversification benefits to a portfolio regardless of the roll yield regime.

Whether investing in a hedge fund, buying out a company or hiring a key employee, it is more important than ever for individuals to perform the proper due diligence. A new paper from First Advantage points out the need to verify credentials, search court records, read the news, review corporate and regulatory records and conduct interviews.