A TRILOGY ON RETURN AND RISK FOR ENDOWMENTS & FOUNDATIONS — Mercer

  • Mercer Campaigns

    PART 1:
    A NEW APPROACH
    TO AN OLD CONCEPT

    Improving Investment Policy by Refining Risk Management

  • Mercer Campaigns

    PART 2:
    INTEGRATING EXPECTATIONS

    Moral hazard and the plight of the investment committee

  • Mercer Campaigns

    PART 3:
    LESSONS IN DIVERSIFICATION

    The Limits of Diversification

Overview


Some aspects of risk can take a back seat when endowments and foundations (E&Fs) focus on comparing their performance to that of their peers. But E&Fs are exposed to many types of risk because of their high allocation to alternatives, their complex funding and spending structures, and diversity among their constituencies. We believe that we have an opportunity to redefine the concepts of return and risk in the E&F context.
 

Given the breadth of this subject, we will address the components in a white paper trilogy:

•   A New Approach to an Old Concept — Improving investment policy by refining risk management
•   Integrating Expectations — Human nature and the plight of the investment committee
•   The Lessons and Limits of Diversification

 

Part 1: A New Approach to an Old Concept — Improving investment policy by refining risk management

Download Part 1


Part 2: Integrating Expectations — Human nature and the plight of the investment committee

Download Part 2


Part 3: The Lessons and Limits of Diversification

Download Part 3


Contact Us

Boston
  • Travis Pruit

    Email

    +1 617 747 9539

St. Louis
  • Chris Adkerson

    Email

    +1 314 982 5717

St. Louis
  • Russ LaMore

    Email

    +1 314 982 5680