Monthly Archives: July 2017

Endowment Wealth Management Weekly Capital Markets Update for Week Ended 07/28/2017

Post On July 28, 2017 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: The Domestic Equity markets ended nearly flat to down. The International Equity and Emerging Equity markets were up marginally. The Nasdaq also closed lower at 6,382.19, slipping 0.1%, as tech stocks dropped 0.8% to lead decliners. The yield on the 10-Year Treasury Note traded below 2.30%, as investors bid up Treasurys. The US currency slid again Wednesday, after the Federal Reserve left its benchmark interest rate unchanged. Many analysts don’t ex...

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The Endowment Index® Posts Gain For Week Ended 7/28/2017

Post On July 28, 2017 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed today at 1,192.61, rising from last Friday’s close of 1,189.44. 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 include...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 07/21/2017

Post On July 21, 2017 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: US equities continued their steady upward trend, reaching new all-time highs mid-week, amid strong second-quarter corporate earnings reports, central bank meetings, and the Republicans’ failing effort to repeal and replace the Affordable Care Act. Returns were fairly evenly split across asset classes and investment styles during a slow, low-volume, and relatively quiet trading week. International developed and emerging markets equity returns were mostly ...

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The Endowment Index® Posts Gain For Week Ended 7/21/17

Post On July 21, 2017 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed today at 1,189.44, rising from last Friday’s close of 1,184.29. 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 include...

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Multi-Asset ETF Portfolio Best Route for Smaller Endowments, Isenberg Professor Says

Post On July 20, 2017 by

Hossein Kazemi, senior adviser to the Chartered Alternative Investment Analyst (CAIA) Association and professor of finance at the Isenberg School of Management at the University of Massachusetts, is claiming that many endowments should skip investments in illiquid assets such as hedge funds and private equity in favor of a multi-asset ETF portfolio. Kazemi argues that most endowments should not attempt to mimic the Harvard or Yale Endowment portfolio mix by including a vast array of alternat...

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The Other 496 S&P Stocks

Post On July 18, 2017 by

In an article from the Wall Street Journal, Justin Lahart describes how the immense growth of Amazon, Apple, Google parent Alphabet, and Facebook has been propelling a substantial portion of the S&P 500's gains. The article also touches on how the S&P 500 Growth index has outperformed, while the S&P 500 Value index has under-performed. It goes on to discuss the S&P 500 Equal Weight Index and its inability to outperform the S&P 500, indicating that midsize and small company...

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3-D Endowment Investment Philosophy®

Post On July 17, 2017 by

By Robert L. Riedl, CPA, CFP®, AWMA® Endowment Wealth Management (“EWM”) is named after our trademarked Endowment Investment Philosophy®, and applies our investment approach, which was pioneered by university endowments seeking to improve their risk-adjusted returns. EWM is a fee-based, Registered Investment Advisor (RIA) that serves as a fiduciary adviser, putting the best interests of our clients first. We differentiate our firm’s wealth management services from other advisers by ...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 07/14/2017

Post On July 14, 2017 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: US equity markets rose moderately, pushing major benchmarks into record territory, including a 24th record high for the Dow. Emerging markets also ticked higher, as contributions from China and Russia aided performance. The Treasury yield curve flattened marginally, despite the yield on the 10-year note edging up to 2.35% on Thursday. This is still lower on the year, however, as the Fed’s more dovish tone has made investors cautious of a potentially mo...

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The Endowment Index® Posts Gain For Week Ended 7/14/17

Post On July 14, 2017 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed today at 1,184.29, rising from last Friday’s close of 1,163.74. 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 include...

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