Monthly Archives: September 2017

EWM Weekly Capital Market Highlights for Week Ended 9/29/2017

WEEKLY CAPITAL MARKET HIGHLIGHTS: During the week, small cap equities outperformed large caps; value stocks led growth stocks; international stocks finished in negative territory after another strong month, and domestic stocks remained positive; and emerging markets under-performed developed markets, continuing their decline. Treasury yields were modestly higher. The yield on the 10-year Treasury Note rose slightly during the week, ending roughly around 2.3%. Commodity indices were mi...

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Endowment Index® Posts Gain for week ended 9/29/2017; + 4.07% in 3Q; +13.37% YTD in ’17

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) ended today at 1215.48, rising from last Friday’s close of 1,214.15.  The close of trading today marks the end of the 3rd quarter.  On a preliminary basis, the Index spurted +4.07% during the 3rd quarter, and gained+13.37% YTD over the 1,072.11 close on 12/31/2016.  A more detailed report will be provided in an upcoming press release and quarterly fact sheet to be posted at www.EndowmentIndex.com, where you can sign ...

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EWM Weekly Capital Market Highlights for Week Ended 9/22/2017

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, US small caps had a very strong week, up more than 1%. US and European large caps were modestly positive on the week. Emerging markets equities, led by China, continued their year-long rally as well. US fixed income indexes were slightly lower on the week. US real estate investment trusts (REITs) were down more than 1.5% and gold was down more than 2.2% on the week. Treasury yields generally higher. Short- and intermediate-term Treasury y...

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Endowment Index® Posts Gain For Week Ended 9/22/2017

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) posted another weekly gain closing at 1214.15 , rising from last Friday’s close of 1,211.06. 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-dimensi...

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Could Endowments Do Better With an All-ETF Portfolio? (Maybe they should check out the Endowment Index®)

The $37.1 billion Harvard endowment reported results of 8.1% return for their fiscal year ended Small- and mid-sized endowments and foundations without economies of scale and access to star managers should consider moving to an all-ETF portfolio suggests Hossain Kazemi, senior advisor to the Chartered Alternative Investment Analyst, or CAIA®Association. Based on a study of university endowments, its possible for a multi-asset ETF portfolio may provide similar rates of return with slightly highe...

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EWM Weekly Capital Market Highlights for Week Ended 9/15/2017

WEEKLY CAPITAL MARKET HIGHLIGHTS: Equity markets generally posted gains across the globe with domestic and small-cap indices leading the way. Despite Hurricane Irma, Monday was the strongest day for the market. Additionally, value-oriented issues outperformed growth-oriented stocks. Globally, China increased more than 2% while Japan was modestly in the red. Treasury yields rose and prices fell. After declining to nearly less than 2.0% last week, yields increased this week to over 2.2%. ...

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Endowment Index® Reaches All-Time Closing High For Week Ended 9/15/17

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) reached an all-time closing high today, closing at 1,211.06, rising from last Friday’s close of 1,199.99. 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...

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EWM Weekly Capital Market Highlights for Week Ended 9/8/2017

WEEKLY CAPITAL MARKET HIGHLIGHTS: US stock market indexes declined on Tuesday, and attempted to regain ground throughout the week. Ultimately, US stock market indexes closed the week lower, as they were unable to shake off insurance losses from Hurricanes Harvey & Irma. International markets also fell, as weak export data from China hurt Asian issuances, and also pressured European shares. Oil moved higher for the week, despite a Friday sell-off, as Hurricane Irma casts a shadow o...

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Endowment Index® Closes Lower For Week Ended 9/8/2017

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed today at 1,199.99, falling from last Friday’s close of 1,201.67. 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 includ...

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