Insights Blog

Higher Education: Philanthropy is an Adjunct, Sensible Public Policy Deserves Tenure

Posted by George Suttles on Jul 8, 2019

Topic: Governance and Policy

Colleges and universities are straining to identify revenue streams apart from raising tuition to sustain their business model, but these strategies, including philanthropy, cannot substitute for public policy that adequately funds the higher education system. The ethical consideration here is that flawed policy continues to

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Chart of the Month | Defensive Stocks at a Premium

Posted by Ivo C. Nenin on Jul 2, 2019

Topic: Market Commentary

The valuation premium (forward price/earnings) of defensive stocks versus cyclicals has climbed steadily over the last seven months...

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Committing to Private Capital – What You Need to Know

Posted by Commonfund on Jul 1, 2019

Topic: Private Capital

Building a private capital allocation that makes a difference to your portfolio takes time and dedication. The first step is deciding to make a meaningful allocation to private capital. Then, to implement that allocation prudently, you will need to diversify among several types of private capital investments....

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The Case for Using the Higher Education Price Index® (HEPI) to Define Inflation for Colleges

Posted by George Suttles on Jun 24, 2019

Topic: Industry Knowledge

When calculating return targets for an endowment portfolio, a conventional piece of the equation is often the Consumer Price Index (CPI). CPI plus 5% is...

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Investment Manager Fees Part II: Creating Alignment

Posted by Kristofer Kwait on Jun 17, 2019

Topic: Industry Knowledge

A favorable fee arrangement should make sense and foster positive outcomes for both our clients and managers. One approach might be to pay for...

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Nonprofit Hospitals –
Big Business in Nonprofit Clothing?

Posted by George Suttles on Jun 17, 2019

Topic: Industry Knowledge

Studies have shown that some nonprofit hospitals do not act like nonprofits, especially when the economy is doing poorly. As nonprofit hospital’s finances get more challenging, they may not be willing to offer services that are less profitable but greatly needed. This is Part Two in our three-part series of thought pieces, in which the Commonfund Institute will contemplate ever evolving ethical considerations among nonprofit institutions pulled right from current events.

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Summer Reading from the Stewardship Academy Faculty

Posted by Cathleen M. Rittereiser on Jun 11, 2019

Topic: Industry Knowledge

As the last week of June approaches, investment stewards begin to prepare for summer - a time for relaxing, reflecting, and reading. We asked faculty members from the Investment Stewardship Academy, being held at the Yale School of Management from June 24-28th, to recommend books that you should have on your summer reading list. Whether you prefer hardcover or digital, poolside or portside, learning or escaping, our faculty has a great book or two for you.

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Chart of the Month | Conflicting Signals in Stock and Bond Markets

Posted by Ivo C. Nenin on Jun 7, 2019

Topic: Market Commentary

This month we turn our attention to the Stock and Bond Markets. Bond markets’ expectations of U.S. Federal Reserve (Fed) rate cuts...

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Museums and Cultural Institutions

Posted by George Suttles on Jun 5, 2019

Topic: Industry Knowledge

Recently, the Metropolitan Museum of Art announced it would no longer take donations from members of the Sackler family, the ultra-high net worth family that owns the large pharmaceutical company responsible for Oxycontin. Although public scrutiny of trustees and politically driven protests of museums are not new, a mainstream museum or cultural institution outright refusing to accept a gift that is deemed misaligned with its values is exceptional. The current socio-political climate have magnified scrutiny and increased the importance of ethical considerations of stewardship..

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Commonfund Forum: A Carbon Neutral Event in 2019

Posted by Tony Ialeggio on May 23, 2019

Topic: Industry Knowledge

As part of our commitment to sustainability, we made our annual client conference, Commonfund Forum, a carbon neutral event for the first time in 2019...

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