Outperform : Inside the Investment Strategy of Billion Dollar Endowments.


John. Baschab
Bok Engelsk 2010 · Electronic books.
Omfang
1 online resource (333 pages)
Utgave
1st ed.
Opplysninger
Outperform: Inside the Investment Strategy of Billion Dollar Endowments -- Contents -- Preface -- Acknowledgments -- Part I: ACADEMIC ENDOWMENTS -- Chapter 1: Academic Endowments Overview -- The World of Endowments -- History of Endowments -- Academic Endowments in the Context of the Investment World -- Large Academic Endowments -- Implications for Individual Investors -- Summary -- Notes -- Chapter 2: Historical Endowment Performance -- Investment Returns -- Asset Allocation -- Summary -- Notes -- Chapter 3: A Look Inside Endowments -- Endowments Are Different -- Endowments Define Asset Classes Broadly -- Endowments Achieved a One-time Sophistication Improvement -- Endowments Are Nimble -- Endowments are Evaluating Approaches to Managing Tail Risk -- Endowments also Manage Working Capital -- Endowments Manage Liquidity Carefully -- Endowments are Changing their Approach to Performance Measurement -- Summary -- Part II: PUBLIC UNIVERSITIES -- Chapter 4: Jonathan Hook, Chief Investment Officer -- The Ohio State University -- Chapter 5: Guy Patton, President and Chief Executive Officer -- The University of Oklahoma Foundation -- Chapter 6: Bruce Zimmerman, Chief Investment Officer -- University of Texas Investment Management Company -- Part III: PRIVATE UNIVERSITIES -- Chapter 7: James H.C. Walsh, Chief Investment Officer -- Cornell University -- Chapter 8: Sally J. Staley, Chief Investment Officer, Anjum Hussain, Director of Risk Management -- Case Western Reserve University -- Chapter 9: Mary Cahill, Vice President of Investments and Chief Investment Officer -- Emory University -- Chapter 10: Don Lindsey, Chief Investment Officer -- George Washington University -- Chapter 11, Scott W. Wise, President -- Rice Management Company -- Chapter 12: James (Jim) Hille, Chief Investment Officer -- Texas Christian University.. - Chapter 13: Jeremy Crigler, Chief Investment Officer -- Tulane University -- Part IV: ADVISORS AND MANAGERS -- Chapter 14: Sandy Urie, President and Chief Executive Officer, Celia Dallas, Co-Director of Research and Managing Director -- Cambridge Associates -- Chapter 15: Lyn Hutton, Chief Investment Officer -- Commonfund -- Chapter 16: Thruston Morton, Chief Executive Officerand Chief Investment Officer -- Global Endowment Management -- Chapter 17: Mark W. Yusko, Chief Executive Officer and Chief Investment Officer -- Morgan Creek Capital Management -- Chapter 18: Rafe de la Gueronniere, Principal -- New Providence Asset Management -- Chapter 19: Bob Boldt, Chief Executive Officer -- Boldt Ventures -- Conclusion: Concepts for Individual Investors -- Lessons for Individual Investors -- Trends -- Predictions for Endowments -- Summary -- Glossary -- About the Authors -- Index.. - "University endowment managers have generally outperformed the market benchmarks. However, their knowledge has not been well documented in any book. This book fills that gap and should be of significant help to all those who want to learn from extensive interviews with a number of endowment managers."-PREM JAIN, McDonough Professor of Accounting and Finance, Georgetown University Learn how higher education's largest endowments consistently achieve higher investment returns than the overall market. The Chief Investment Officers who oversee the top academic endowment funds manage over 400 billion in total assets. Over the last ten years (1999-2009), large endowments returned an average of 6.1%, compared to the S&P 500 index average of -2.22%, an outperformance difference of over 8%. With the recent sharp economic downturn, and a decade of inflation-adjusted flat returns in the overall equities market, institutional and individual investors alike are looking to endowments for proven strategies for improving the performance of their portfolios. Outperform: Inside the Investment Strategy of Billion Dollar Endowments interviews top CIOs from leading endowments, to detail how they consistently outperform the market, what they predict for the coming years, and how small investors can employ their investment philosophies.
Emner
Sjanger
Dewey
ISBN
9780470651292
ISBN(galt)

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