Monthly Archives: October 2014

Endowment Index™ Posts Gain For Week Ended 10/31/2014

The Endowment Index™ calculated by Nasdaq OMX®  (Symbol: ENDOW on Google Finance) closed at 1014.41 for the week ended 10/31/2014 , increasing from the close of 996.76 for the week ended 10/24/2014 .  The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that includes Global Equity, Global Income, and Alternatives.   Past performance is not necessarily indicative of future results. You cannot invest directly in an index. I...

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Federal Reserve ends it's QE program today

Fed made the following historic announcement today: QE program would end at month end Fed will keep reinvesting principal payments from its holdings to maintain its balance sheet at approx. $4.4 trillion The QE program had met the Federal Reserve's goal of reducing unemployment Acknowledged that the labor market slack is "gradually diminishing" Assured its support of low interest rates for a considerable period of time, unless the economic data improves faster than its forecast Pointed to...

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How To Invest Like The Ivy League Endowments with ETFs

Seeking Alpha published an article by Prateek Mehrotra outlining how ETFs can help investors build institutional quality portfolios diversified into liquid alternative investments designed to improve long-term risk adjusted returns. The article summary The country’s largest endowments aim to preserve capital while producing income and appreciation with less correlation to the stock market regardless of market conditions. Performance among Ivy League endowments and retirement plans that inve...

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Endowment Wealth Management Weekly Capital Markets Update For Week Ended Oct. 24, 2014 by Prateek Mehrotra

WEEKLY CAPITAL MARKET HIGHLIGHTS: •Domestic stock prices rebounded sharply this week. After a volatile start to October, stocks surged, with the S&P 500 posting its largest weekly gain since January 2013. Driving this week’s action was a renewed focus on fundamentals, as third quarter earnings have surpassed expectations. According to Bloomberg, with slightly less than half of the S&P 500 companies reporting so far, 79% have exceeded earnings forecasts, and 61% have beaten sales esti...

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Endowment Index™ closes higher for week ended 10/24/2014

The Endowment Index™ calculated by Nasdaq OMX®  (Symbol: ENDOW on Google Finance) closed at 996.76 for the week ended 10/24/2014, increasing from the close of 976.0 for the week ended October 17, 2014.  The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that includes Global Equity, Global Income, and Alternatives.   Past performance is not necessarily indicative of future results. You cannot invest directly in an inde...

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U.S. CPI under 2% and poised to cool off

The Labor Department on Wednesday reported that its consumer-price index rose 0.1% in September from August, as did the core CPI, which excludes food and energy prices. That put both measures up just 1.7% from a year ago. Credit Suisse estimates that as a result of falling gasoline prices, by the end of the first quarter the CPI will be up less than 1% versus year earlier, all else being equal. One place there has been inflation is shelter costs, which is primarily rent and imputed rent—wha...

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Endowment Index™ Posts Gain for Week Ended 10/17/2014

The Endowment Index™ calculated by Nasdaq OMX®  (Symbol: ENDOW on Google Finance) closed at 976.0 for the week ended October 17, 2014, increasing from the close of 974.4 for the week ended October 10, 2014.  The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-dimensional portfolio that includes Global Equity, Global Income, and Alternatives.   Past performance is not necessarily indicative of future results. You cannot invest directly in ...

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Endowment Index™ Quarterly Update

The Endowment Index™ calculated by Nasdaq OMX®  (Symbol: ENDOW on Google Finance) declined 2.77% (total return) for the 3rd quarter ended September 30, 2014.  Nearly half of the decline in the index was attributed to the private equity and venture capital index allocations within the portfolio.  Four of the 19 index components (emerging market bonds, emerging market equities, managed futures, and domestic bonds) generated a positive return during the quarter. The Endowment Index™...

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