Navigating the AI Revolution: Unlocking Productivity with AI Investment
As the second piece in a three-part series, we examine how AI may support productivity growth and how capital is being deployed to realize its potential.
Research Publications Archive
Navigating the AI Revolution: AI’s Far Reach in Shaping Asset Allocation Opportunities
In this piece, we explore AI’s transformative potential for asset allocation opportunities and risks, as well as key implementation considerations and challenges.
After a Blistering First Half of the Year, Can Non-US Equities Continue to Outperform US Peers?
Yes, we believe a combination of attractive valuations, a shifting macro and policy environment, and stretched US profitability will allow non-US equities to continue outperforming.
Foundation Annual Flash Statistics: Calendar Year 2024
The Foundation Annual Flash Statistics Report provides a first look at the results of our 2024 Foundation Annual Investment Pool Returns survey. Look for our full annual analysis in the Foundation Annual Investment Pool Returns report later this summer.
ODD in Focus: Valuation
Robust valuation practices are essential in operational due diligence to protect against financial, regulatory, and reputational risks and to mitigate conflicts of interest. As such, it is crucial to assess the strength of a manager’s valuation processes, policies, oversight, and governance, ensuring these are tailored to the fund’s strategy and align with industry best practices.
Market Response to US-Iran Escalation Limited So Far
Given the fluidity of the situation in the Middle East and the uncertainty surrounding how events may unfold, we believe most investors should not make changes to portfolios in response to this event.
New Taxes on Endowments and Foundations? Four Steps to Take Now
New tax provisions in legislation recently passed by the US House of Representatives would impose millions of dollars of new costs on many colleges, universities, and private foundations, if enacted. We recommend four steps nonprofit organizations can consider right now to ensure they are well-prepared and responsive should the proposals become law
Portfolio Construction: A Blueprint for Private Families
This paper explores the influencing factors and special considerations that are key to successful portfolio construction for private investors and wealthy families, and that are fundamental to the work that we undertake for our clients.
Spending Policies and Practices: Fiscal Year 2024
This report reviews the various spending rule types used among our endowment clients, and also includes analyses on the endowment’s support of operations and effective spending rate.
Do Fiscal Concerns Undermine the Role of US Treasury Securities as Core Portfolio Diversifiers?
No. US Treasury securities are likely to remain among the most effective diversifiers during periods of equity market stress.