Home > Business and Economics > Finance and accounting > Finance and the finance industry > Investment and securities > Outperform: Inside the Investment Strategy of Billion Dollar Endowments
33%
Outperform: Inside the Investment Strategy of Billion Dollar Endowments

Outperform: Inside the Investment Strategy of Billion Dollar Endowments

          
5
4
3
2
1

Out of Stock


Premium quality
Premium quality
Bookswagon upholds the quality by delivering untarnished books. Quality, services and satisfaction are everything for us!
Easy Return
Easy return
Not satisfied with this product! Keep it in original condition and packaging to avail easy return policy.
Certified product
Certified product
First impression is the last impression! Address the book’s certification page, ISBN, publisher’s name, copyright page and print quality.
Secure Checkout
Secure checkout
Security at its finest! Login, browse, purchase and pay, every step is safe and secured.
Money back guarantee
Money-back guarantee:
It’s all about customers! For any kind of bad experience with the product, get your actual amount back after returning the product.
On time delivery
On-time delivery
At your doorstep on time! Get this book delivered without any delay.
Notify me when this book is in stock
Add to Wishlist

About the Book

"University endowment managers have generally outperformed themarket benchmarks. However, their knowledge has not been welldocumented in any book. This book fills that gap and should be ofsignificant help to all those who want to learn from extensiveinterviews with a number of endowment managers."-PREMJAIN, McDonough Professor of Accounting and Finance, GeorgetownUniversity Learn how higher education's largest endowments consistentlyachieve higher investment returns than the overall market.The Chief Investment Officers who oversee the top academicendowment funds manage over $400 billion in total assets. Over thelast ten years (1999-2009), large endowments returned anaverage of 6.1%, compared to the S&P 500 index average of-2.22%, an outperformance difference of over 8%. With therecent sharp economic downturn, and a decade of inflation-adjustedflat returns in the overall equities market, institutional andindividual investors alike are looking to endowments for provenstrategies for improving the performance of their portfolios.Outperform: Inside the Investment Strategy of Billion DollarEndowments interviews top CIOs from leading endowments, todetail how they consistently outperform the market, what theypredict for the coming years, and how small investors can employtheir investment philosophies.

Table of Contents:
Preface ix Acknowledgments xiii PART I ACADEMIC ENDOWMENTS Chapter 1 Academic Endowments Overview 3 The World of Endowments 4 History of Endowments 6 Academic Endowments in the Context of the Investment World 7 Large Academic Endowments 7 Implications for Individual Investors 17 Summary 19 Notes 20 Chapter 2 Historical Endowment Performance 21 Investment Returns 22 Asset Allocation 28 Summary 30 Notes 31 Chapter 3 A Look Inside Endowments 33 Endowments Are Different 33 Endowments Define Asset Classes Broadly 35 Endowments Achieved a One-time Sophistication Improvement 36 Endowments Are Nimble 36 Endowments are Evaluating Approaches to Managing Tail Risk 37 Endowments also Manage Working Capital 38 Endowments Manage Liquidity Carefully 39 Endowments are Changing their Approach to Performance Measurement 41 Summary 41 PART II PUBLIC UNIVERSITIES Chapter 4 Jonathan Hook, Chief Investment Officer The Ohio State University 45 Chapter 5 Guy Patton, President and CEO The University of Oklahoma Foundation 57 Chapter 6 Bruce Zimmerman, Chief Investment Officer University of Texas Investment Management Company 69 PART III PRIVATE UNIVERSITIES Chapter 7 James H.C. Walsh, Chief Investment Officer Cornell University 81 Chapter 8 Sally J. Staley, Chief Investment Officer, and Anjum Hussain, Director of Risk Management Case Western Reserve University 95 Chapter 9 Mary Cahill, Vice President of Investments and Chief Investment Officer Emory University 113 Chapter 10 Don Lindsey, Chief Investment Officer George Washington University 125 Chapter 11 Scott W. Wise, President Rice Management Company 141 Chapter 12 James (Jim) Hille, Chief Investment Officer Texas Christian University 153 Chapter 13 Jeremy Crigler, Chief Investment Officer Tulane University 167 PART IV ADVISORS AND MANAGERS Chapter 14 Sandy Urie, President and Chief Executive Officer, and Celia Dallas, Co-Director of Research and Managing Director Cambridge Associates 181 Chapter 15 Lyn Hutton, Chief Investment Officer Commonfund 199 Chapter 16 Thruston Morton, CEO and Chief Investment Officer Global Endowment Management 217 Chapter 17 Mark W. Yusko, CEO and Chief Investment Officer Morgan Creek Capital Management 231 Chapter 18 Rafe de la Gueronniere, Principal New Providence Asset Management 247 Chapter 19 Bob Boldt, Chief Executive Officer Boldt Ventures 267 Conclusion Concepts for Individual Investors 281 Lessons for Individual Investors 281 Trends 288 Predictions for Endowments 292 Summary 294 Glossary 297 About the Authors 307 Index 309


Best Sellers


Product Details
  • ISBN-13: 9780470442135
  • Publisher: John Wiley and Sons Ltd
  • Publisher Imprint: John Wiley & Sons Ltd
  • Depth: 31
  • Language: English
  • Returnable: N
  • Spine Width: 27 mm
  • Weight: 532 gr
  • ISBN-10: 0470442131
  • Publisher Date: 27 Aug 2010
  • Binding: Hardback
  • Height: 234 mm
  • No of Pages: 316
  • Series Title: English
  • Sub Title: Inside the Investment Strategy of Billion Dollar Endowments
  • Width: 156 mm


Similar Products

How would you rate your experience shopping for books on Bookswagon?

Add Photo
Add Photo

Customer Reviews

REVIEWS           
Click Here To Be The First to Review this Product
Outperform: Inside the Investment Strategy of Billion Dollar Endowments
John Wiley and Sons Ltd -
Outperform: Inside the Investment Strategy of Billion Dollar Endowments
Writing guidlines
We want to publish your review, so please:
  • keep your review on the product. Review's that defame author's character will be rejected.
  • Keep your review focused on the product.
  • Avoid writing about customer service. contact us instead if you have issue requiring immediate attention.
  • Refrain from mentioning competitors or the specific price you paid for the product.
  • Do not include any personally identifiable information, such as full names.

Outperform: Inside the Investment Strategy of Billion Dollar Endowments

Required fields are marked with *

Review Title*
Review
    Add Photo Add up to 6 photos
    Would you recommend this product to a friend?
    Tag this Book
    Read more
    Does your review contain spoilers?
    What type of reader best describes you?
    I agree to the terms & conditions
    You may receive emails regarding this submission. Any emails will include the ability to opt-out of future communications.

    CUSTOMER RATINGS AND REVIEWS AND QUESTIONS AND ANSWERS TERMS OF USE

    These Terms of Use govern your conduct associated with the Customer Ratings and Reviews and/or Questions and Answers service offered by Bookswagon (the "CRR Service").


    By submitting any content to Bookswagon, you guarantee that:
    • You are the sole author and owner of the intellectual property rights in the content;
    • All "moral rights" that you may have in such content have been voluntarily waived by you;
    • All content that you post is accurate;
    • You are at least 13 years old;
    • Use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity.
    You further agree that you may not submit any content:
    • That is known by you to be false, inaccurate or misleading;
    • That infringes any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy;
    • That violates any law, statute, ordinance or regulation (including, but not limited to, those governing, consumer protection, unfair competition, anti-discrimination or false advertising);
    • That is, or may reasonably be considered to be, defamatory, libelous, hateful, racially or religiously biased or offensive, unlawfully threatening or unlawfully harassing to any individual, partnership or corporation;
    • For which you were compensated or granted any consideration by any unapproved third party;
    • That includes any information that references other websites, addresses, email addresses, contact information or phone numbers;
    • That contains any computer viruses, worms or other potentially damaging computer programs or files.
    You agree to indemnify and hold Bookswagon (and its officers, directors, agents, subsidiaries, joint ventures, employees and third-party service providers, including but not limited to Bazaarvoice, Inc.), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys' fees, arising out of a breach of your representations and warranties set forth above, or your violation of any law or the rights of a third party.


    For any content that you submit, you grant Bookswagon a perpetual, irrevocable, royalty-free, transferable right and license to use, copy, modify, delete in its entirety, adapt, publish, translate, create derivative works from and/or sell, transfer, and/or distribute such content and/or incorporate such content into any form, medium or technology throughout the world without compensation to you. Additionally,  Bookswagon may transfer or share any personal information that you submit with its third-party service providers, including but not limited to Bazaarvoice, Inc. in accordance with  Privacy Policy


    All content that you submit may be used at Bookswagon's sole discretion. Bookswagon reserves the right to change, condense, withhold publication, remove or delete any content on Bookswagon's website that Bookswagon deems, in its sole discretion, to violate the content guidelines or any other provision of these Terms of Use.  Bookswagon does not guarantee that you will have any recourse through Bookswagon to edit or delete any content you have submitted. Ratings and written comments are generally posted within two to four business days. However, Bookswagon reserves the right to remove or to refuse to post any submission to the extent authorized by law. You acknowledge that you, not Bookswagon, are responsible for the contents of your submission. None of the content that you submit shall be subject to any obligation of confidence on the part of Bookswagon, its agents, subsidiaries, affiliates, partners or third party service providers (including but not limited to Bazaarvoice, Inc.)and their respective directors, officers and employees.

    Accept

    New Arrivals


    Inspired by your browsing history


    Your review has been submitted!

    You've already reviewed this product!
    ASK VIDYA