Monthly Archives: March 2016

Quotes of the Day

Daniel Kahneman It's frightening to think that you might not know something, but more frightening to think that, by and large, the world is run by people who have faith that they know exactly what's going on. Mark Twain It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so....

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A Macro View – Disappearing Dots Late in the Game

On Wednesday, the Federal Reserve (Fed) decided to maintain rates at their current level. More importantly, the Fed’s forward-looking expectations for rate increases (the dots) have gone from forecasting, just a couple of months ago, four rate increases in 2016, to yesterday’s forecast of just two rate increases. Interestingly enough, when the Fed raised rates in December, and targeted four increases for 2016, the futures market was predicting only a 50 bps rate rise this year, which is now ...

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Endowment Wealth Management Weekly Capital Markets Update For Week Ended 03/18/2016

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, small caps performed in line with large caps, and growth stocks performed in line with value-oriented stocks. Domestic stocks outperformed international equities. Developed markets under-performed emerging market stocks. Treasury yields declined, as investors reacted to the Fed announcement. Commodity indices were up, as oil rose. The dollar index declined this week against a basket of six major currencies following the Federal Open Mar...

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Endowment Index® Climbs Back Above 1,000

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed 1009.59 at  today, rising from last Friday's close of 992.41. The Index began the year at 1,000.17. 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, globally-diversified, thre...

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Endowment Wealth Management Weekly Capital Markets Update For Week Ended 03/11/2016

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, large caps outperformed small caps, growth stocks trailed value stocks, domestic stocks under performed international stocks, and emerging markets trailed developed markets. Treasury yields were higher this week. The 10-Year Treasury yield jumped, closing in on the 2% level. Commodity indices soared. Crude oil prices continued to rally, approaching $40 dollar a barrel, and almost back to beginning-year level. The dollar index declined. ...

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Endowment Index® Continues Rebound; Closes In on Break Even for 2016

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 992.41 today, rising from last Friday's close of 986.61. The Index began the year at 1,000.17. 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, globally-diversified, three-di...

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Endowment Wealth Management Weekly Capital Markets Update For Week Ended 03/04/2016

Post On March 4, 2016 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Stocks posted solid gains on the week, with the S&P 500 posting a third consecutive weekly advance. One of the catalysts was today’s strong February employment report, which showed employers added 242,000 jobs in the month, well above consensus expectations. The unemployment rate remained steady at 4.9%, emerging markets surged 7% this week. Among equities, small caps outperformed large caps; value stocks outperformed growth stocks, and domestic stock...

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EWM CIO discusses the Endowment Model of Investing in Podcast with Institutional Real Estate Inc.

Post On March 4, 2016 by

Prateek Mehrotra, CIO of Endowment Wealth Management®, was interviewed this week by Institutional Real Estate Inc.  In the discussion, Prateek talks about the history of the Endowment Model and how the Endowment Index® was constructed.  Listen to the podcast. The podcast is for information purposes only and should not be considered personalized investment advice. Investments involve risk of loss and may fluctuate in value.  You should carefully consider all risks and costs prior to maki...

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Endowment Index® Starts First Week of March to Upside

Post On March 4, 2016 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 986.61 today, rising from last Friday's close of 951.91.  The Index began the year at 1000.17. 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, globally-diversified, three-di...

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