We provide investment consulting, independent research, and an outsourced-CIO solution to university endowments, public and private foundations, corporate and public retirement plans, banks, insurance companies, and nonprofit organizations.
We provide managed portfolios and alternative investment strategies to help you provide high quality investment solutions to your clients.
Second Quarter Research Review: Britain's Vote for Independence
For several previous quarters, we have described the omnipresent influence of central bankers around the world. Their words and actions have overwhelmed market fundamentals through the depression of interest rates, which has, in turn, pushed investors to take more risk in pursuit of return.
May Research Review: The Death of Diversification?
Much has been written lately suggesting that the benefits of diversification are fading or have become nonexistent. Numerous players in the institutional investing field have published material suggesting the diversified portfolio, often broadly called “the endowment model,” is dead. We at FEG are not subscribers to these claims, and cite a famous Mark Twain quote (or an adaptation thereof) as an eloquent, succinct, and appropriate response regarding the supposed end of the benefits of diversification: "Reports of my demise have been greatly exaggerated."
Private Capital Quarterly: Identifying Attractive Buyout Funds
A variety of factors influence FEG’s approach to identifying, evaluating, and recommending buyout funds.Chief influences include our collective experience over the last 15+ years of covering private equity markets, our view on the keys to success over the next ten years (the term of the average buyout fund), and published industry research. Based on our experiences, analysis of industry data, and academic research, several factors emerge for successful private equity firms that are able to generate premium returns.
April Research Review: It's Good to Have Friends
One of the great benefits we enjoy at FEG is direct access to some of the best and brightest minds in the investment industry. I was reminded of this fact yet again while spending two days with Nobel laureates...The discussion was lively, dynamic, and continued well past the 8:00-5:00 workday. In fact, some of the most interesting conversations lasted long into the night. While the topics were too varied to cover in detail here, there were two subjects of particular interest to FEG and our clients: manager selection and public equity investing styles.