Endowment Wealth Management Weekly Capital Markets Update for Week Ended 06/23/2017

Post On June 23, 2017 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: US equity markets rose slightly during an up-and-down week, with growth leading the charge over value. Smaller cap names also outperformed. The Treasury yield curve flattened marginally. Yields on US Treasury notes and bonds across the majority of the maturity spectrum fell through Thursday. The Fed balance sheet stabilized, after increasing $13.8 billion a week ago, the weekly change in total assets decreased by $2.0 billion, and centered on mortgage-...

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Endowment Index® Closes Slightly Higher For Week Ended 6/23/2017

Post On June 23, 2017 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed today at 1,166.53, slightly higher from last Friday’s close at 1,164.44. 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 tha...

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MSCI announces China A-shares to be included in the MSCI EM Index: What does it mean for investors and the China markets?

Post On June 21, 2017 by

This morning the MSCI announced the landmark decision to add 222 China A-share stocks to the MSCI EM Index, all of which are accessible via the Shanghai and Shenzhen – Hong Kong Stock Connect programs.  This initial addition will account for 0.73% of the MSCI EM Index and helps pave the way for a substantial inclusion of the A-shares in the Index over the mid to long-term that will force investors to re-evaluate their view and allocation to the world’s second largest economy. Snapshot of...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 06/16/2017

Post On June 16, 2017 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, large caps narrowly outperformed small caps, while value focused stocks outperformed growth equities by a wide margin. Domestic equities outperformed both international developed and emerging markets stocks. Treasury rates fell slightly. The yield on the 10-year Treasury note declined to 2.16%, despite the Fed raising rates by 0.25% this week. Several central bank decisions were made this week. Both Iceland’s and Russia's central banks...

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Endowment Index® Closes Nearly Unchanged For Week Ended 6/16/2017

Post On June 16, 2017 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed today at 1,164.44, nearly unchanged from last Friday’s close at 1,164.98. 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 tha...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 06/09/2017

Post On June 10, 2017 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, small caps outperformed large caps; value orientated stocks outperformed growth equities. Domestic equities outperformed international developed, but lagged emerging market stocks. Treasury rates rose slightly. The yield on the 10-year Treasury note inched up to 2.2%. Dollar index rebounded. The dollar rose versus the British pound due to the UK election results. Commodities fell, as crude prices were down for the week following sup...

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Endowment Index® Closes Slightly Lower For Week Ended 6/9/2017

Post On June 9, 2017 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed today at 1,164.98, slightly lower from last Friday’s close at 1,167.75. 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 ...

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Endowment Wealth Management Weekly Capital Markets Update for Week Ended 06/02/2017

Post On June 2, 2017 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, large cap mostly trailed small cap. Growth stocks beat out value stocks. Developed international stock performance was mostly in line with domestic equities, while emerging market equities trailed their developed peers. The yield on the 10-Year Treasury Note fell below 2.20% on Friday, as investors bid up treasuries, with the 10-Year yield falling to levels not seen since November. The dollar index was lower, while the euro strengthene...

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EWM Macro View-May 2017

Post On June 2, 2017 by

Domestic equity markets continued their move higher in May, with the major US indices closing the month near record-level territory. Despite the strength in stocks, the month was not without drama, which led to a brief dip in optimism amid President Donald Trump removing FBI Director James Comey, fueling fears that this action could result in further Congressional gridlock and slow the potential fiscal reforms. However, the market filtered out the noise (as it has done this year) and focused on ...

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Endowment Index® Closes Higher For Week Ended 6/2/2017

Post On June 2, 2017 by

The Endowment Index® calculated by Nasdaq OMX® (Symbol: ENDOW) closed today at 1,167.75, higher from last Friday’s close at 1,157.29. 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 includes...

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