Brown University Became Top Endowment in Ivy League
Brown University’s $4.7 billion endowment’s unique approach to seek out returns has paid off, generating a 12.1% return this year. This according to a recent article in The Wall Street…
Michael Bloomberg in Talks to Take Media Empire Public
Former mayor of New York City Michael Bloomberg, who has kept his $60 billion media empire Bloomberg LP private since its founding in 1981, is reportedly in talks with hedge…
An Investing Lesson from Harvard’s Below-Average Endowment Performance
Harvard University’s $42 billion endowment has lagged the S&P 500 for the 12th year in a row. This according to a recent article in MarketWatch by contributor Mark Hulbert. Performance…
The Market Bubble Will Burst, Says Jeremy Grantham
Today’s U.S. market bubble is unique, says GMO co-founder Jeremy Grantham, but it will soon burst. This according to a recent article in Advisor Perspectives. In an interview earlier this…
Defaults are Surging in Four Sectors
The U.S. is “leading the world in defaults” at 122 so far this year, with S&P Global data showing that the majority are occurring in the consumer products, oil &…
Ending Long Chapter, Harvard Spins Out Natural Resources Team
Harvard University’s endowment has spun out its natural resources team into a new, independent investment firm called Solum Partners, marking the exit of the last group inside the school charged…
The Importance of Separating Your Politics From Your Portfolio
I never write about politics. I certainly have political opinions, just like everyone else. I have a series of views about how I think the world should work. And I…
New Study Shows Public Markets Cannot Replicate Private Equity Returns
As quantitative investors and other asset managers try to deliver private equity-like returns through indexes and stock funds, a new study from the University of Pennsylvania’s Wharton School suggests that…