Risks and Opportunities From the Changing Climate: Playbook for the Truly Long-Term Investor
Considering climate factors is an economic risk management and opportunity capitalization issue core to prudent investing for the long term.
Real Assets
US Manager Universe Statistics: Third Quarter 2015
This chart book presents representative marketable and hedge fund manager performance for third quarter 2015.
Energy MLPs: Attractive Yields in a Time of Uncertainty
Unit prices have sold off in sympathy with energy-related assets, but higher yields and reasonable fundamentals should translate into strong returns in the long term.
Investment Publication Highlights: October 2015
October’s publication summarizes four articles discussing commodity price outlooks and implementation. The first two highlight a bullish case for commodity prices that is supportive to global economic growth, the third suggests that any rebound in commodity prices is unlikely to occur until late next year at the earliest, and the fourth argues investors are more likely to benefit from long-short commodity strategies vs. long-only commodity strategies.
Private Investments: Filling a Pension’s Return Void
Well-diligenced private investments in a skillfully constructed portfolio are important growth drivers that have helped pension funds deliver superior performance and increased the probability of meeting or exceeding long-term required returns.
What Role Do Real Assets Play in a Portfolio?
Real assets play a variety of roles in a portfolio, including driving growth, generating income, providing diversification, and preserving wealth. Sizing of real assets holdings and the composition of a real assets portfolio should be driven by both investor needs and the intended role of these assets in the portfolio. Generally speaking, portfolios holding real…
Value in the Oil Patch, for Investors With a Strong Stomach
Fundamentals and share prices have come under pressure for natural resources equities this year, but we continue to believe they offer strong long-term return prospects.
Has This Summer’s Sell-Off in Energy-Related MLPs Changed Their Appeal to Investors?
For value-biased investors, energy master limited partnerships (MLPs) are (somewhat suddenly) more appealing than they have been in several years.
US Manager Universe Statistics: Second Quarter 2015
This chart book presents representative marketable and hedge fund manager performance for second quarter 2015.
US Manager Universe Statistics: First Quarter 2015
This chart book presents representative marketable and hedge fund manager performance for first quarter 2015. The median Global ex US Small-Cap Equity manager posted the highest return (5.9%) for the quarter; the median manager in this asset class returned -1.6% for the one-year period ending March 31, 2015. The median US REIT manager posted the highest…