Monthly Archives: June 2015

The Endowment Index™ Posts Gain for 2nd Quarter 2015

Post On June 30, 2015 by

The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) finished at 1,068.56 at the close of trading today to end the second quarter of 2015, representing gains over the closes for quarters ended March 31, 2015 (1,062.49) and December 31, 2014  (1,032.91).  The Endowment Index™ utilizes a rules-based methodology to measure performance of an average university endowment portfolio utilizing asset allocation data collected from over 800 college and university endowments. Pa...

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6 Topics to Discuss with Recent Graduates

Post On June 30, 2015 by

As new graduates leave college and transition into adult life, there are many aspects of their financial situations that will change. Here are some financial areas that you may want to talk about with recent grads. Develop a Discipline to Control Spending- Managing expenses will be one of the first financial tasks a new graduate will have to conquer. Creating a budget to monitor larger costs like housing and transportation, as well as smaller everyday expenses can help keep track of where mo...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 6/26/2015

Post On June 29, 2015 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Stock prices were generally lower on the week, with activity being impacted by Greece bailout discussions and the conclusion of re-balancing in Russell indices. Euro-zone finance ministers will convene this weekend in an effort to come to an agreement in the months-old Greece standoff. The S&P is on pace to complete its tenth consecutive quarter of positive returns. European equities posted strong gains ahead of the Greece discussions, as monetary stimul...

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“Grexit” Drama

Post On June 29, 2015 by

We agree with the views of one of our favorite Economists on the above subject. It is copied below: Ignore Greece Don’t let anyone tell you Greece is sticking up for its "dignity" by fighting “austerity.” The current Greek government is sticking up for socialism by fighting reality. After several years of working toward some very minor market-friendly reforms, and finally starting to see a glimmer of economic growth, Greece elected a far left government back in January. It’s eco...

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Endowment Index™ closes at 1,078.66 for week ended 6/26/2015

Post On June 26, 2015 by

The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,078.66 for the week ended Friday June 26, 2015, down from its close of 1,090.80 for the week ended Friday June 19, 2015 The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy® or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index™ measures performance for a multi-asset, gl...

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Radio Podcast: Family Office Services Support A Family's Mission To Preserve Wealth, Legacy and Values

Post On June 25, 2015 by

On June 22, 2015, Prateek Mehrotra, MBA, CFA®, CAIA®, Chief Investment Officer, and Wendy Orth, Investment Adviser Representative of Endowment Wealth Management join "Money Matters with Christopher Hensley" radio show. In an informative 30-minute interview, Prateek and Wendy provide an informative interactive discussion that describe the multitude services that a family or multi-family office is designed to support your family's wealth and legacy within the family's value system.   &n...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 6/19/2015

Post On June 22, 2015 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Domestic stocks were higher during the week, with the Russell 2000 reaching a new all-time intraday high. The S&P 500 also moved higher. The market was encouraged by Janet Yellen’s emphasis on the importance of rate hikes, albeit at a more dovish than expected pace. Underlying economic indicators inched positively on the margin, with jobless claims falling to 267,000 and an increase in new building permits. Global bond yields continued to decline among ...

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Endowment Index™ closes at 1,090.80 for week ended 6/19/2015

Post On June 19, 2015 by

The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,090.80 for the week ended Friday June 19, 2015, down from its close of 1,099.51 for the week ended Friday June 12, 2015 The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy® or otherwise incorporate alternative investments within a comprehensive asset allocation strategy.  The Endowment Index™ measures performance for a multi-asset...

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Largest University Endowments Afford Their Schools Competitive Advantage

Post On June 18, 2015 by

A recent article by CNBC economics reporter John W. Schoen provides an in-depth look into reasons behind the rising cost of higher education in the U.S. It’s a complicated issue, with many moving parts. The after-effects of the 2008 recession, expanding student services, required budgetary expansion in state budgets, such as pensions, healthcare and Medicaid, and other issues have forced schools to increase the student tuition costs. The improved economy and recovering markets have helped pri...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 6/12/2015

Post On June 12, 2015 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: •U.S. employment data continues to be positive. Following Friday’s solid payroll report, the Department of Labor’s JOLTS report showed a new high in job openings and an upward trend in workers who voluntarily quit their jobs.  Both should be supportive of additional wage growth over the coming months. •Producer Prices jump 0.5% in May.  The jump in the PPI was driven by higher wholesale fuel costs (primarily gasoline) and eggs, as the U.S. chicken pop...

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