Catherine Keating

Tax Reform:
CPI Plus More

Posted by Sharad Samy, Keith Luke, Catherine Keating on Dec 19, 2017

Topic: Governance and Policy | Industry Knowledge

It was another taxing weekend (literally) at Commonfund as we digested 1,097 pages of the conference agreement for the tax reform bill (the Tax Act) and its implications for our country and for the nonprofit and public sector investors we serve. We focused on the Tax Act’s provisions, but also its wider goal of stimulating economic growth. We also attempted to discern the implicit preferences and philosophy of this first piece of major legislation from our nation’s 115th Congress, which is expected to be passed later this week, and its implications for public policy in the years ahead.

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Year-End Update and 2018 Outlook | Rational Resiliency

Posted by Catherine Keating on Dec 14, 2017

Topic: Investment Strategy

As we come to the end of 2017 and look forward to 2018, we are approaching the tenth year of the post-crisis recovery. With synchronized global growth for the first time in a decade, equity markets near all-time highs, and a year of strong double-digit portfolio returns, investors should be feeling exuberant. And yet we find the exuberance of most institutions with whom we work tempered by concerns about the future.

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The Tax Man Cometh (And Not Just for the Ivies)

Posted by Sharad Samy, Keith Luke, Catherine Keating on Dec 4, 2017

Topic: Governance and Policy | Industry Knowledge

As we approach the end of calendar year 2017, the passage of significant tax reform legislation – while far from certain – seems increasingly more likely. The Senate and the House versions, which vary in some substantive ways, must be reconciled before the President can sign a bill into law. What is certain is that if passed, the tax bill will have a broad impact for most filers – corporations, individuals and tax-exempt institutions, including colleges and universities, private foundations and public charities.

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Top Ten Insights for Foundation Investors in a Mature Market

Posted by Catherine Keating on Oct 17, 2017

Topic: Governance and Policy | Industry Knowledge | Investment Strategy | Responsible Investing

Last week I had the honor of moderating a panel at the 2017 Council on Foundations Endowments & Finance Summit. In the session, “Foundation Investing in Mature Markets: Challenges and Rewards,” I was joined by three esteemed colleagues, representing foundations with over $3 billion in endowed assets and close to three centuries of combined history. My colleagues: Mary Greenebaum, CIO, New York Community Trust; Sherry P. Magill, PhD., President of the Jessie Ball duPont Fund; and Jeremy Tennenbaum, CFA, Chief Financial Officer of the Altman Foundation. Each of these institutions is a pillar of its community, supporting programs that enrich quality of life and . . .

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Year-End Letter & 2017 Investment Outlook

Posted by Catherine Keating on Jan 3, 2017

Topic: Asset Allocation | Investment Strategy

We would like to wish you the very best in the New Year, and we are pleased to share with you our year-end letter and comprehensive investment outlook for 2017. For a more detailed look at our expectations and portfolio positioning going forward, download our Year-End Letter and 2017 Investment Outlook | Thriving in a Diverging World.

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Commonfund Election Update: Missions and Markets

Posted by Catherine Keating on Nov 11, 2016

Topic: Governance and Policy | Investment Strategy | Market Commentary

Commonfund is a firm that marries mission and markets in a unique way. And so today we assess the implications of last night's Presidential election on our clients' nonprofit missions as well as on the markets that we invest in together. There were many headlines about markets today, but few about mission. Yet we think that this is an important moment for mission-based organizations.

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Rethinking Risk and Diversification

Posted by Mark J.P. Anson, Catherine Keating, Bruce Zimmerman on Mar 23, 2016

Topic: Asset Allocation | Investment Strategy

Asset allocation is still the foundation on which better risk-adjusted returns are built. But asset allocation has changed, along with all the associated tools for pursuing return and managing risk. Have you kept up?

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A Message for the New Year: Priorities for 2016 & Beyond

Posted by Catherine Keating on Jan 4, 2016

Topic: Asset Allocation

As we begin 2016, our Chief Executive Officer shares thoughts on Commonfund, views on the capital markets and priorities for 2016 and beyond. For a more detailed look at our expectations and portfolio positioning going forward, download our 2016 Global Economic and Investment Outlook.

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Commonfund Hires Mark Anson as Chief Investment Officer

Posted by Catherine Keating on Oct 29, 2015

Topic: People

Commonfund Hires Mark Anson as Chief Investment Officer: A letter from Catherine Keating, President and CEO of Commonfund

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Commonfund Announces Chief Investment Officer

Posted by Catherine Keating on Oct 28, 2015

Topic: People

I am delighted to announce the appointment of Mark Anson as Commonfund's Chief Investment Officer. Mark is currently CIO of the Robert Bass Family Office. Previously, he has served as CIO of the California Public Employees Retirement System (CalPERS) and the British Telecom Pension Scheme and as President of Nuveen Investments.

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