Monthly Archives: July 2015

Endowment Wealth Management Weekly Capital Markets Update for Week Ended 7/31/2015

Post On July 31, 2015 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Domestic stocks rose sharply this week as sluggish wage data gave markets hope that the Federal Reserve may postpone raising interest rates. In addition, a pickup in merger activity helped propel stocks. Earnings reports have also been upbeat this quarter. With about two-thirds of S&P 500 companies having reported so far, about 74% have exceeded analyst earnings expectations. World markets also gained, as European indices posted their best monthly perf...

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Endowment Index® Down Slightly For Week Ended 7/31/2015

Post On July 31, 2015 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) finished trading at 1,057.82 for the week ended Friday July 31, 2015, falling from its close of 1,059.09 for the week ended Friday July 24, 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 mu...

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Real Assets A Crucial Component In Endowment Portfolios

Post On July 28, 2015 by

Real Assets, which consist of real estate, commodities, energy, infrastructure, natural resources and master limited partnerships are utilized by many of the nation’s wealthiest endowments, but individual investors can also benefit from incorporating real assets into their portfolios. Prateek Mehrotra MBA, CFA, CAIA, CIO of ETF Model Solutions outlines how real assets can provide greater portfolio diversification and protection against periods of high inflation better than traditional stock an...

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U.S. Inflation Watch July-2015

Post On July 24, 2015 by

While broadly in line with expectations, last Friday’s consumer price index (CPI) report affirms our view that inflation remains on an upward trend. Pimco projects year-over-year core CPI will finish 2015 at 2.10%, considerably stronger than consensus expectations at the start of the year, and well above 2014’s rate of 1.61%. However, the drivers of inflation may begin to change over the cyclical horizon. For example, shelter inflation has driven much of the recent strength in cor...

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2nd Quarter 2015 Earnings Season Update

Post On July 24, 2015 by

An Upbeat Start to Earnings Season In the first quarter of 2015 reported earnings per share (EPS) were $21.51 for the S&P 500 Index, representing a decline of 14.23% from the prior year. The Materials and the Industrials sectors were the worst performers, with year-over-year EPS declining over 40%. Although Utilities and Financials were bright spots, gaining 40% and 20% year over year, respectively, many corporations provided overall lower guidance, and Wall Street analysts lowered second...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 7/24/2015

Post On July 24, 2015 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Domestic stocks fell from last week’s highs, despite positive leading economic indicators, such as jobless claims falling to their lowest levels in decades and strong existing home sales. This week’s pullback likely signals investors’ profit taking as the S&P500 traded up to 2,128, near its 52-week high of 2,134. World markets also fell, as European index declines overshadowed Asian index gains. European markets fell, as British energy suppli...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 7/17/2015

Post On July 17, 2015 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, Japan lead the way for the week, but the U.S. markets had a strong week as well. Domestically, the markets were led by larger cap securities and growth oriented names. Europe was generally strong, though Germany was underperforming.  Not surprisingly, Greece was among the worst performers. Treasury yields remained volatile. The yields on 10- and 30-year Treasurys spiked dramatically early on Monday but retreated the remainder of the we...

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Endowment Index® Bests S&P 500 For Second Quarter of 2015

Post On July 17, 2015 by

Link to PRNewsire Release Appleton, WI. July 14, 2015. The Endowment Index® (symbol: ENDOW) calculated by Nasdaq OMX® increased 0.52% (on a total return basis) for the 3 months ended June 30, 2015.   This compared to the S&P 500, which gained 0.28% for the same period. Year-to-date, the Endowment Index® has gained 3.45%, vs. 1.23% for the S&P 500. Eight of the index's 19 components provided a positive return for the quarter. With the largest component of the gains provided by pri...

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Endowment Index® Declines For Week Ended 7/24/2015

Post On July 17, 2015 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) finished trading at 1,059.09 for the week ended Friday July 24, 2015, declining from its close of 1,074.05 for the week ended Friday July 17, 2015. Selling in global equities and real assets contributed to the weekly decline. The Endowment Index® represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy® or otherwise incorporate alternative investments within a comprehensiv...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 7/10/2015

Post On July 10, 2015 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Stock prices were little changed in volatile trading on the week, with the Greece bailout discussions and the plunge and subsequent rebound in Chinese equities driving activity. Stocks rallied at the end of the week on optimism that Greece would be able to obtain a bailout. China’s equity markets rallied more than 5% on the week, with the government intervening to stabilize the market. Chinese stocks closed the week with the strongest two-day rally since 2...

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