Monthly Archives: October 2016

Endowment Wealth Management Weekly Capital Markets Update for Week Ended 10/28/2016

WEEKLY CAPITAL MARKET HIGHLIGHTS: Equity markets modestly declined globally, with small caps posting the largest losses. In general, domestic markets were in line with emerging markets, but lagged international developed equities. Domestically, value-oriented issues outperformed growth-oriented stocks. Overseas, European markets outpaced Asia. Additionally, REITs had a notable pullback on Thursday and finished the week in the red. Treasury yields increased. Yields have consistently risen...

Read More

Endowment Index® Declines for Week Ended 10/28/2016

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,051.94 today, falling from from last Friday's close of 1,057.98. 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-dimensional portfolio that inc...

Read More

Endowment Wealth Management Weekly Capital Markets Update for Week Ended 10/21/2016

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, small caps outperformed large caps—with the Russell 2000 outperforming the S&P 500. Growth stocks outperformed value stocks, and international equities outperformed domestic stocks. Emerging markets outperformed developed markets. Treasury prices increased. The yield on the 10-year T-note declined slightly from 1.80% to 1.75%. Commodity indices were relatively flat, as oil gave back some gains earlier in the week and gold was sli...

Read More

Endowment Index® Gains for Week Ended 10/21/2016

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,057.98 today, gaining from from last Friday's close of 1,050.58. 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-dimensional portfolio that inc...

Read More

Endowment Wealth Management Weekly Capital Markets Update for Week Ended 10/14/2016

WEEKLY CAPITAL MARKET HIGHLIGHTS: Equity markets were down across the globe, with the US and Japan down roughly 1% and Europe and EM losing more than 2%. The US 10-Year Treasury note inched lower after climbing to a three-month high of 1.79% on Wednesday. The US Dollar ended higher against a basket of major trade partners’ currencies, most notably the pound, as sterling continues to feel the effects of the Brexit referendum. On the whole, commodities were range-bound. Brent crude...

Read More

Endowment Index® Declines For Week Ending 10/14/2016

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,050.58 today, falling from from last Friday's close of 1,063.00. 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-dimensional portfolio that inc...

Read More

Endowment Index® Gains 4.49% During Q3–Private Equity Allocation Shines

APPLETON, WI, October 12, 2016--The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) gained 4.49% (on a total return basis) for the 3 months ended September 30, 2016.   This compares to the S&P 500, which gained 3.85% for the same period. The Index remained in a 6% range during the quarter.  The Q3 closing low occurred on July 7th at 1,018.88 while the high was reached exactly two months later on September 7th at 1,079.27. Sixteen of the nineteen index asset class compone...

Read More

EWM Macro Recap-September 2016

Domestic equity markets edged slightly higher in September, holding their own in a seasonally disappointing month. Investors weighed several factors, including the Federal Open Market Committee’s (FOMC) decision to stand pat once again and not raise interest rates; modestly improving economic data; and the presidential election campaign. In the lead-up to its September meeting, several FOMC members had speculated that the committee would vote to raise rates. However, while there were more diss...

Read More

Endowment Wealth Management Weekly Capital Markets Update for Week Ended 10/07/2016

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, small caps under-performed large caps; value stocks outperformed growth stocks; and domestic stocks outperformed international equities. Developed markets under performed emerging markets. Stock prices backtracked slightly this week. After ending the third quarter with strong gains, domestic broad market indices took a breather. The S&P 500 advanced +3.3% in the third quarter, and has posted gains in each of the past four quarters. Inve...

Read More

Endowment Index® Declines for First Week of 4th Quarter

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,063.00 today, falling from from last Friday's close of 1,071.75.  Look for the updated Q3 Endowment Index fact sheet and commentary, which will be available early next week on our website. 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 strat...

Read More