It has been an eventful week, and it's easy to fall behind. Here are the 10 most important reads of the week.
How To Upgrade The Single-Family Office. As many as 80% of single-family offices are not operating and delivering expertise as well as they possible could. There are quite a few possible reasons for this.
The Unconventional Portfolio Strategy For A Low-Yield Environment | Video (18:37). Achieving low single-digit returns utilizing conventional portfolio strategies has become increasingly difficult since the 2008 Financial Crisis. Stuart Mason, chief investment officer of the University of Minnesota Foundation, completely rewrote the institutional investment playbook to generate desired returns in this new normal environment. Mason detailed his strategy in length at Trusted Insight’s inaugural Alpha Conference on June 14, 2017.
The 1 Small Mistake That Ruined The Decade’s Best Fund Manager. Bruce Berkowitz was adjudged Morningstar's fund manager of the decade in 2010. However, his fund has lost nearly 89 per cent of its assets in the last six years because Berkowitz did not adhere to the basic rule of investment.
Harvard Close To Selling $1.6B In RE Assets. Harvard University will soon sell off its real estate, private equity and venture capital assets as part of a plan to shed more than $2 billion worth of holdings from its endowment.
Seth Klarman: Investing In A Tech Bubble. Seth Klarman is considered to be one of the best value investors alive today. Even though his hedge fund, Baupost, has been closed to new funds for many years, Klarman has dished out hundreds of pages of wisdom via his yearly investment letters.
U.S. Colleges Have $500B To Invest. Now Where Are All The Green Deals? While there's demand for investments that help address global climate challenges, opportunities aren't especially easy to find -- and most endowments, especially private schools, operate in opacity, so it's difficult to identify case studies.
W.K. Kellogg Foundation: A Pioneer In Impact Investing | Video (18:20). Investing a private foundation’s assets in perpetuity to maintain payout power is not easy, let alone aligning investment strategy with the organization’s charitable mission. W.K. Kellogg Foundation is one that strives to achieve both goals. Neal Graziano, director of investments at Kellogg, breaks down the foundation’s investment philosophy in detail at Trusted Insight’s Alpha Conference on June 14, 2017. He also explains why his team values cash flow over macroeconomic factors in making investment decisions.
Family Office Popularity, Investment And Salaries Grow: Research. A typical family office holds less than $500 million assets under management, invests in equities, employs at least 20 staff, who receive a discretionary bonus, and has operated for more than a decade, according to new research by Agreus.
Billionaire Paul Singer: Activist Investment Strategy | Video (23:44). An interview and Q&A with billionaire hedge fund manager, activist investor and founder of Elliott Management, Paul Singer. In this interview Paul discusses his strategy for investing and selecting companies to become actively involved with. Paul also talks about his battle with Samsung and Argentina.
Dave McClure Resigns As Partner At 500 Startups. Dave McClure has resigned as a general partner of all funds and entities managed by 500 Startups, the seed investment group he founded in 2010. The move comes after several women accused McClure of inappropriate behavior.