Monthly Archives: March 2017

Endowment Wealth Management Weekly Capital Markets Update for Week Ended 3/31/2017

WEEKLY CAPITAL MARKET HIGHLIGHTS: US stock market indexes closed higher, as investors evaluated a large number of economic releases. Today’s close represented indexes posting solid gains overall for the quarter. International market indexes also closed higher. European shares climbed nearly 20% since June. Asia ex-Japan also closed higher for the week; however, the Nikkei 225 fell for the week. Oil moved higher for the week, but fell for the quarter, as the global oil surplus weighe...

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The Endowment Index® Posts Mild Gain for Week; +4.95% Gain for Q1

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed the week mildly higher from last Friday's close at 1,122.50.  The index gained +4.95% for the first quarter of 2017, which ended today. 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...

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EWM Weekly Market Update for Week Ended 3/24/2017

WEEKLY CAPITAL MARKET HIGHLIGHTS: Domestic equity markets suffered their first single-day decline of more than 1% in over 100 days. Major US indices have posted double-digits since October with a relatively smooth upward trajectory and no major setbacks. Post the US presidential election, investors have demonstrated optimism based on the expectation that the new administration will stimulate growth and boost corporate bottom lines. On Tuesday, equities pulled back in light of worry that Preside...

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Endowment Index® Dribbles Lower For Week Ended 3/24/2017

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed the week at 1,122.50, declining from last Friday's close of 1,126.81. 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 incl...

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EWM Weekly Market Update

WEEKLY CAPITAL MARKET HIGHLIGHTS: The Federal Open Market Committee (FOMC) elected to raise the federal funds rate at its March meeting from a range of 50-75 basis points up to 75-100 basis points. This was widely anticipated by the market following aggressive forward guidance in recent weeks. The statement accompanying the hike was less hawkish than expected, and both equity and bond markets rallied on the announcement. The Federal Reserve (Fed) is telegraphing two additional hikes this ye...

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Endowment Index® Green for St. Patty’s Day Week

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed the week at 1,126.81, climbing from last Friday's close of 1,113.51. 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 inclu...

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EWM Macro View-February 2017

Post On March 3, 2017 by

Domestic equity markets continued their move higher in February, reaching new record levels almost daily, as investors embraced the potential growth from the new Presidential administration, positive economic data, and strong corporate earnings. President Trump’s proposed policies remained in focus, with investors anticipating further details on plans for tax reform, repealing and reforming Obamacare, and international trade, among other initiatives. Growth in the fourth quarter for S&P 50...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 3/3/2017

Post On March 3, 2017 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, large cap outperformed small cap. Returns were split fairly evenly across growth and value stocks. International stocks traded mostly in line with domestic equities, while emerging market equities trailed their developed peers. The Dow Jones Industrial Average (DJIA) rose above 21,000 on Wednesday, taking only 24 trading days of setting record highs from the previous 1,000 point level of 20,000, a key psychological level, which was eclipsed...

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Endowment Index® Flattish for Week Ended 3/3/2017

Post On March 3, 2017 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed the week at 1,120.99, falling slightly from last Friday’s close of 1,121.07. 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 ...

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