Welcome to the latest edition of our Steward Newsletter for nonprofit investors. In this issue, we delve into the intricacies of endowment benchmarking and identify four paradoxes of investment management. Be sure to view the replay of our Market Volatility webcast, discussing the recent shifts in economic policy influencing the markets and guiding future portfolio positioning.
Benchmarking Brilliance: Secrets to Unlocking Continuous Improvement
The adage: “You don’t need to be perfect; you just need to be better than you were yesterday” is good advice for personal growth but has less application when evaluating investment results. In today’s volatile up/down market, outperforming yesterday might not be enough, nor does it represent an appropriate timeframe for comparison.
Managing investments is never about being “perfect” either; understanding your portfolio’s effectiveness requires… Read More >
Examining Four Investment Paradoxes for Nonprofits and Endowments
As discussed in a previous blog post, Effective Spending Policy: A ‘Ways and Means’ to Long-Term Goals, a well-designed spending policy is essential for both advancing an organization’s mission and safeguarding the corpus of an endowment. Identifying the right spending model which aligns with the organization’s needs is crucial for long-term success and maintaining intergenerational equity. Fiducient Advisors modeled the effects of different spending strategies using relevant data points to illustrate… Read More >
