Despite the fact that the economy is expanding and the S&P 500 has been up for eight straight years, many nonprofit investors haven't been feeling the benefits as the main tenets of the endowment model of investing have been hampered by the market environment. In this Commonfund Forum 2017 session, Commonfund President & CEO, Catherine Keating, provides insight into the challenges of meeting CPI + 5% for fiduciaries. To obtain a copy of the slides shown in this presentation, please contact your Commonfund relationship officer.
Investors poured $2 trillion into emerging economies between 2009 and 2014. Then prices for a basket of commodities fell—dragging crude oil down to levels not seen in a decade and dashing investors’ hopes at the same time. What now?
With core tenets of the endowment model seemingly under stress for the last several years, some investors have questioned the long-term viability of the model. At issue: Are too many investors piling into the same ideas and thus squeezing out opportunities for better returns? In this 2017 Commonfund Forum Spotlight, three CIOs tackled questions designed to surface concerns about the model and provide insight based on their long experience.
Sal Khan is the founder of the Khan Academy, a nonprofit with the mission of providing free, high-quality education to “anyone, anywhere” in the world. A former hedge fund analyst with degrees from MIT and Harvard, Khan is also the author of The One World School House, which explores the potential impact of the web as a teaching tool. With 6,000 instructional videos, 100,000 practice problems, and 10,000,000 unique users per month, Khan Academy is rethinking the world of education. In this Commonfund Forum 2016 session, Mr. Khan provides insight into the history and the evolution of Khan Academy and how we can rethink education.
In this Commonfund Forum 2017 Spotlight, geopolitical strategist and author Peter Zeihan examines how the hard rules of geography are eroding the American commitment to free trade; how much of the planet is aging into a mass retirement that will enervate markets and capital supplies; and how, against all odds, it is the ever-ravenous American economy - alone among the developed nations - that is rapidly approaching energy independence.