Comparative Asset Allocation: Private Clients
Our biannual report summarizes asset allocation for 108 of Cambridge Associates’ US-based private clients.
US
Endowments Quarterly: Fourth Quarter 2016
Our quarterly report summarizes asset allocation and total investment performance for over 400 of Cambridge Associates’ US endowment and foundation clients. In addition, the report contains tables and charts that show returns and asset allocation by peer type and asset size.
US PE/VC Benchmark Commentary: Third Quarter 2016
Third quarter 2016 returns for the Cambridge Associates LLC US Private Equity Index® and the Cambridge Associates LLC US Venture Capital Index® were 3.7% and 3.3%, respectively. The private equity index equaled its performance for the previous quarter, and the venture index produced its first positive quarter of the year, bringing its year-to-date return into positive territory as well.
Muni Bonds: Still Valuable in a Changing Environment
While worries about tax reform and pension underfunding dog municipal bonds today, their relative appeal and fair value absolute valuations keep them a solid option for high-bracket taxable investors.
US Manager Universe Statistics: Fourth Quarter 2016
This chart book presents representative long-only and hedge fund manager performance for fourth quarter 2016. The median US Small-Cap Value manager posted the highest median return for fourth quarter 2016 (10.7%) and the year (24.2%). The median Global ex US Bonds manager posted the lowest median return for fourth quarter 2016 (-6.9%), while the Global Growth Equity ex US median return was lowest for the year (-1.1%).
Endowments Quarterly: Third Quarter 2016
Our quarterly report summarizes asset allocation and total investment performance for over 400 of Cambridge Associates’ US endowment and foundation clients. In addition, the report contains tables and charts that show returns and asset allocation by peer type and asset size.
US PE/VC Benchmark Commentary: Second Quarter 2016
Second quarter 2016 returns for the Cambridge Associates LLC US Private Equity Index® and the Cambridge Associates LLC US Venture Capital Index® were 4.0% and 0.7%, respectively. The benchmark indexes for both alternative asset classes rebounded after a poor first quarter, though US venture capital remains in negative territory for the year.
Brace for Volatility
In light of markets’ initial reaction to the victory of Donald Trump in the US presidential election, we wanted to remind clients of our approach to portfolio management by providing thoughts from our Chief Investment Strategist, Celia Dallas.
US Manager Universe Statistics: Third Quarter 2016
This chart book presents representative long-only and hedge fund manager performance for third quarter 2016.
Comparative Asset Allocation: Private Clients
Our biannual report summarizes asset allocation for 107 of Cambridge Associates’ US-based private clients.