|
|
|
Advisor Perspectives
Insights into the world of high- and ultra-high net worth investing
July 1, 2008- Vol 2, Issue 27
|
|
|
|
|
|
|
|
Super-endowments, like Harvard and Yale,
have achieved spectacular returns over the last decade, in part due to
innovative asset allocation strategies.
Richard Brazenor, with UK-based Frontier Capital Management, provides
research showing how advisors can utilize similar allocation models.
Janus' white paper dovetails with this research, and explains how their Modular Portfolio Construction allows
advisors to build portfolios with an institutional
approach, offering greater returns and lower risk. We
welcome Janus as an advertiser.
Frontier markets have the
potential to become the most attractive asset class in the coming years,
providing exceptional returns, along with exceptional risk. Susan
Weiner explores the rationale behind this asset class, and offers our advice for how advisors should approach the
investment decision.
Master Limited Partnerships (MLPs)
offer unique advantages, particularly for advisors seeking to allocate
assets to the energy sector of the economy. Richard Fortin, of CT-based
Stonebridge Advisors, provides an overview of this asset class.
Our Letters to the Editor are in two groups. First, on the topic of Peak Oil, Dick Vodra responds to a
letter from last week, while two other readers challenge some of Dick's
views. On the topic of the Mortgage
Crisis, Robert Pardes responds to a question regarding Recourse Exposure, and whether it is
reflected on the balance sheets of financial institutions.
If you are experiencing problems opening or navigating through our newsletters,
we can send you a text-only version. Please send an email to
feedback@advisorperspectives.com requesting the "text-only"
version.
If you have received this newsletter in error, or you do not wish to
receive future newsletters, please use the "Safe Unsubscribe"
button at the bottom of this email.
|
|
|
|
|
Investing Like the Harvard and Yale Endowment Funds
|
|
By adopting asset allocation principles similar to Super Endowments, such as
Harvard and Yale, it is possible for high net worth investors to also
obtain high levels of risk adjusted return; superior to traditional
equity/bond portfolios and most balanced investment funds.
Read the article
|
|
Modular Portfolio Construction®: Bringing an Institutional
Framework to Individual Investors' Portfolios
|
|
Institutional investors, such as university endowments, take an approach to
portfolio construction that goes beyond traditional investing and have enjoyed
better performance results over time than individuals and the overall
market. Based on these successful methods, Janus developed Modular
Portfolio Construction®-a flexible framework that enables financial
advisors to evaluate, select and define all investment options, including
those that fall outside of traditional models, such as the nine-box and
core/satellite.
Read the article
|
|
Time to Invest in Frontier Markets?
|
|
Frontier markets - those countries too small to be considered emerging markets
- seem to offer some of the most compelling benefits: high economic growth
rates and low correlation to other markets. Susan Weiner speaks with
a prominent institutional manager of frontier market funds, and offers our
recommendations for approaching this asset class.
Read the article
|
|
The
Case for Investing in Master Limited Partnerships (MLPs)
|
|
An investment in the MLP asset class represents an investment in the future
growth of the U.S.
energy infrastructure sector. Changing energy supply dynamics and
population movements will necessitate billions of dollars in infrastructure
investment. The MLP sector is well positioned to provide much of the
investment dollars needed for the anticipated build out.
Read the article
|
|
Letters to the Editor
|
|
Our interview with advisor Dick
Vodra two weeks ago drew a response last week from a reader challenging the
theory of peak oil and its implications. Dick responds to that
reader, while two other readers challenge other points in Dick's interview.
Read the letter
Our article last week, The Mortgage Crisis Act II - Is
the Bleeding Over?, drew a question from a reader. Robert Pardes
explains Recourse Exposure and why it is not reflected on the balance
sheets of financial institutions.
Read the letter
|
|
Advertise in Advisor Perspectives
|
|
Our newsletter goes to over 65,000 RIAs, wealth managers, and financial
advisors. See how you can deliver your message to our sophisticated
audience.
Read more
|
|
Advisor
Perspectives
Box 380
Lexington, MA 02420
(781) 376-0050
|
|
|
|
|
|
|
