Portfolio structuring is up for grabs, according to speakers at NACUBO’s Endowment Management Forum.
In an investment environment where many top strategists are expecting paltry returns from conventional asset classes, discussions increasingly are centered on finding alpha. That’s the magical concept of extra returns (beyond their asset-class benchmarks) garnered by skillful managers. NACUBO's late-January Endowment Management Forum in New York City provided fertile ground for money managers and campus endowment officers to share views on opportunities and pitfalls in the quest for alpha. This article summarizes the exchange during the forum.
