An Evaluation of U.S. Equity Manager Structures
This report analyzes diversified growth/value active manager structures and their underperformance relative to common benchmarks.
Research Publications Archive
U.S. Stock Manager Selection
A summary of manager selection and evaluation.
Permanent Capital: Lasting Support for Endowment Institutions
A working paper that proposes an economic—as distinct from accounting—definition of endowment, along with discussion of the strategic importance of endowment.
Endowment Risk, Return and Spending
An in-depth look at endowment risk, return, and spending.