Endowment Index™ Falls for Week Ended 3/8/2019

By | Endowment Index™, Uncategorized

The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,234.00 Friday, falling 1.60% from the previous Friday’s close of 1,254.06.

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-dimensional portfolio that includes Global Equity, Global Income, and Alternative Investments (like Private Equity, Hedge Funds and Real Assets). The Index uses an objective, rules-based construction methodology based upon the portfolio allocations of over 800 educational institutions managing over $500 billion in total assets. Each of the 19 sub-indexes that currently comprise the index are investable, and contained within those sub-indexes are over 30,000 underlying securities. You can obtain real-time pricing data on the Endowment Index™ under the symbol “ENDOW” through major quote providers, including Bloomberg, Google Finance and others. The Morningstar® Index ID for the Endowment Index™ is F00000TPG6.

Past performance is not necessarily indicative of future results. You cannot invest directly in an index. Indexes do not contain fees.

EWM Weekly Capital Market Highlights For Week Ended 3/1/2019

By | Financial Markets & Economy, Weekly Capital Market Updates
  • Equity markets around the globe rallied, as better-than-expected China PMI manufacturing data brought in a risk-on mood to Asian and European markets.  Asian stocks continued their rally on speculation that the US and China could be endorsing a trade deal in weeks. Markets also were supported by the news that MSCI Index will quadruple the weight of China A shares in global indices by November. US markets ended February on a positive note, as the Fed pause and potential trade truce acted as tailwinds. Small caps outperformed large caps, and growth outperformed value
  • The yield on the 10-year U.S. Treasury traded mostly higher during the week. Yields rose on Thursday, as fourth-quarter Gross Domestic Product (GDP) data came in higher than what markets had expected. German yields rose sharply on hopes that a no-deal Brexit will be avoided.
  • The Dollar Spot Index (DXY) climbed to its highest level in more than a week.
  • Tesla Inc. (TSLA) and Elon Musk were in the news after the SEC said Mr. Musk’s tweets violated his court settlement. Tesla’s stock price headed sharply lower after he warned that the company will not show a profit in Q12019.
  • Among major economic data, initial jobless claims increased by 8,000 for the week ending February 23. Housing Starts declined 11.20% month over month in December, while Building Permits were up 0.30% for the same period.

Click here to download the complete weekly report: EWMWeeklyReview 3.4.19

Disclosure: Past performance is not necessarily indicative of future results.

Endowment Index™ Posts Gain For Week Ended 3/1/2019

By | Endowment Index™
The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,254.06 Friday, rising 0.30% from the previous Friday’s close of 1,250.37. 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 Global Equity, Global Income, and Alternative Investments (like Private Equity, Hedge Funds and Real Assets). The Index uses an objective, rules-based construction methodology based upon the portfolio allocations of over 800 educational institutions managing over $500 billion in total assets. Each of the 19 sub-indexes that currently comprise the index are investable, and contained within those sub-indexes are over 30,000 underlying securities. You can obtain real-time pricing data on the Endowment Index™ under the symbol “ENDOW” through major quote providers, including Bloomberg, Google Finance and others. The Morningstar® Index ID for the Endowment Index™ is F00000TPG6. Past performance is not necessarily indicative of future results. You cannot invest directly in an index. Indexes do not contain fees.

EWM Weekly Capital Market Highlights For Week Ended 2/22/2019

By | Financial Markets & Economy, Weekly Capital Market Updates
  • Among Equities, small caps outperformed large caps; value stocks slightly outperformed growth stocks; international stocks outperformed domestic stocks; and emerging markets beat developed  markets.
  • Treasury yields held steady. The yield on the U.S. 10-year Treasury Note ended the week at 2.65%.
  • Commodity indices rose over the week, driven by higher crude oil prices.
  • Dollar indices declined slightly, whereas the euro ended higher for the week.
  • Among major economic data, new orders of durable goods in December rose 1.2% month over month, less than expected; initial jobless claims were down 23,000 to 216,000; January existing home sales declined.

Click here to download the complete weekly report: EWMWeeklyReview02.25.2019

Disclosure: Past performance is not necessarily indicative of future results.

Endowment Index™ Gains 1.01% For Week Ended 2/22/2019

By | Endowment Index™
The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,250.37 Friday, rising 1.01% from the previous Friday’s close of 1,237.86. 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 Global Equity, Global Income, and Alternative Investments (like Private Equity, Hedge Funds and Real Assets). The Index uses an objective, rules-based construction methodology based upon the portfolio allocations of over 800 educational institutions managing over $500 billion in total assets. Each of the 19 sub-indexes that currently comprise the index are investable, and contained within those sub-indexes are over 30,000 underlying securities. You can obtain real-time pricing data on the Endowment Index™ under the symbol “ENDOW” through major quote providers, including Bloomberg, Google Finance and others. The Morningstar® Index ID for the Endowment Index™ is F00000TPG6. Past performance is not necessarily indicative of future results. You cannot invest directly in an index. Indexes do not contain fees.

Sudden Wealth: What Should You Do If You Strike It Rich?

By | Wealth Management

EXECUTIVE SUMMARY

What if you received a large sum of money out of the blue through an inheritance, settlement, stock options or other type of big payout? While it might seem like all your problems would be solved, the fact is that sudden wealth can come with unexpected issues and challenges.

In this month’s Flash Report, Sudden Wealth: What Should You Do If You Strike It Rich?, we’ll show you why “getting rich quick” can create serious financial and relationship problems—along with a process to avoid the pitfalls of sudden wealth and get set up for success.
Read More

Endowment Index™ Posts 1.58% Gain For Week Ended 2/15/2019

By | Endowment Index™
The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,237.86 Friday, rising 1.58% from the previous Friday’s close of 1,218.56. 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 Global Equity, Global Income, and Alternative Investments (like Private Equity, Hedge Funds and Real Assets). The Index uses an objective, rules-based construction methodology based upon the portfolio allocations of over 800 educational institutions managing over $500 billion in total assets. Each of the 19 sub-indexes that currently comprise the index are investable, and contained within those sub-indexes are over 30,000 underlying securities. You can obtain real-time pricing data on the Endowment Index™ under the symbol “ENDOW” through major quote providers, including Bloomberg, Google Finance and others. The Morningstar® Index ID for the Endowment Index™ is F00000TPG6. Past performance is not necessarily indicative of future results. You cannot invest directly in an index. Indexes do not contain fees.

Endowment Index™ Declines 0.42% For Week Ended 2/8/2019

By | Endowment Index™
The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,218.56 Friday, declining 0.42% from the previous Friday’s close of 1,223.65. 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 Global Equity, Global Income, and Alternative Investments (like Private Equity, Hedge Funds and Real Assets). The Index uses an objective, rules-based construction methodology based upon the portfolio allocations of over 800 educational institutions managing over $500 billion in total assets. Each of the 19 sub-indexes that currently comprise the index are investable, and contained within those sub-indexes are over 30,000 underlying securities. You can obtain real-time pricing data on the Endowment Index™ under the symbol “ENDOW” through major quote providers, including Bloomberg, Google Finance and others. The Morningstar® Index ID for the Endowment Index™ is F00000TPG6. Past performance is not necessarily indicative of future results. You cannot invest directly in an index. Indexes do not contain fees.

EWM Weekly Capital Market Highlights For Week Ended 2/8/2019

By | Financial Markets & Economy, Weekly Capital Market Updates
  • Equities faced selling pressure Thursday and Friday on news that President Trump will not meet with Chinese President Xi prior to the March 1 deadline. Markets appear to be in a holding period as investors await further news on a US/China trade deal, Brexit, and a bipartisan resolution to prevent another government shutdown.
  • The yield on the 10-year U.S. Treasury Note increased to 2.73% on Tuesday before declining below 2.65% on Thursday and Friday.
  • British Prime Minister Theresa May was in Brussels for meetings with other EU leaders to avoid a hard Brexit, which is 50 days out.
  • Bill Gross announced his retirement this week. The investor once known as the “Bond King” co-founded PIMCO in 1971 and managed client assets for more than forty years, most recently at Janus.
  • Among major economic data, initial jobless claims fell from a one-and-a-half -year high last week, decreasing by 19,000 to 234,000.

Click here to download the complete weekly report: EWMWeeklyReview02.11.2018

Disclosure: Past performance is not necessarily indicative of future results.

The Endowment Index™ Closes January with Another Weekly Gain

By | Endowment Index™
The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,223.65 Friday, rising 1.23% from the previous Friday’s close of 1,208.79. 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 Global Equity, Global Income, and Alternative Investments (like Private Equity, Hedge Funds and Real Assets). The Index uses an objective, rules-based construction methodology based upon the portfolio allocations of over 800 educational institutions managing over $500 billion in total assets. Each of the 19 sub-indexes that currently comprise the index are investable, and contained within those sub-indexes are over 30,000 underlying securities. You can obtain real-time pricing data on the Endowment Index™ under the symbol “ENDOW” through major quote providers, including Bloomberg, Google Finance and others. The Morningstar® Index ID for the Endowment Index™ is F00000TPG6. Past performance is not necessarily indicative of future results. You cannot invest directly in an index. Indexes do not contain fees.