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11 results for “investing”
now, you need to have a GPS for your portfolio, global positioning system. So let's call it a portfolio positioning system for your portfolio. Where is everything now? Because if you're gonna make real time changes to your asset allocation, you need
13:30 / 14:32
from transcript13:30 – 14:32
correlations, one needs to be thinking about multidimensional scenarios and to think about how the portfolio behaves given those scenarios. Among the tried and true principles that have worked for a long time for some of the strategic asset allocatio
36:00 / 37:00
from transcript36:00 – 37:00
that asset class functionality and the holder portfolio. Bias is to try and have a better view at holder portfolio. What is it that you're looking at to understand what you own so that you know how markets might be impacting what's in your portfolio?
30:01 / 31:05
from transcript30:01 – 31:05
You need to understand the total portfolio. Every new investment that comes into the portfolio, you're thinking about the overall risk budget, liquidity needs, all these goals that every pension fund has. TPA begins to think about this not just as an
0:00 / 0:57
from transcript0:00 – 0:57
So we were modeling out, for example, we did this article recently about the Yale and average endowments going back to 1985 and said, well, look. You know, if you look at the worst year for many of these, and it was 'nine, they did minus 20 something
28:32 / 29:42
from transcript28:32 – 29:42
quite a lot. So the first thing we do is run a sort of a crash test liquidity test every night through the portfolio where we expect a currency fall and a equity market fall to be correlated and make sure we can survive that. And that test is somewha
54:43 / 55:46
from transcript54:43 – 55:46
So you have to go really deep in knowing what you own. We understand the underlying stocks that most of the portfolios have. We get all that data, and then we run it through our factor models to know where we've got over and underweights. Because one
27:40 / 28:47
from transcript27:40 – 28:47
And so they are guides, not rules. So there's no model portfolio. Just to give a sense, what do those look like across strategies? Sure. So all else being equal in public equities, we want to be about fiftyfifty passive and active on the long side. A
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from transcript32:15 – 33:22
I don't think there's any reason to assume that, and I think that today there's reasons why that may not be the case. And so we try to have a forward looking process, and quite a few funds do this today where we think of asset classes not so much as
14:13 / 15:20
from transcript14:13 – 15:20
of the operating budget, and so you have to be able to control that to make sure that the CFO and the finance teams of these institutions can draw a stable amount of capital every year. And, it also has a behavioral element, which is how much can the
11:17 / 12:21
from transcript11:17 – 12:21
If you can handle a minus 50, if you're an endowment and you understand your spending levels and you understand your horizon, which might be multiple lifetimes depending on how you think about it, This is very different than someone trying to manage
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from transcript29:16 – 30:25
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