Thriving Amid the Ravages of Creative Destruction in the Investment Management Industry

DJ Peters - The Journal of Investing, 2022 - pm-research.com
Investment management is a wonderful and rewarding career. A portfolio manager works to
help clients fulfill their financial objectives. However, the business becomes tougher every …

Surprise Redux--Endowments Underperformed the 60/40 Benchmark After All

DR Hammond - Available at SSRN 3817552, 2020 - papers.ssrn.com
Abstract Recently, a paper,“Surprise, Endowments Have Significantly Outperformed the
60/40 Benchmark” was written by Dr. Hossein Kazemi—a professor of finance at Isenberg …

Essays on Philanthropic Investors in Private Capital Markets

MWJ Kremer - 2022 - mediatum.ub.tum.de
This thesis investigates philanthropic investors' motivations, actions, and performance in
private capital markets. In three essays, I explore the idea that return maximization motives …