On Portfolio Returns, Asset Allocation, Benchmarks, Asset Class Returns, Sectors, Countries, Style, Diversification, Indices and more…
SKAGEN Global looks at the rise of intangible assets, their antiquated accounting treatment and the profound impact on traditional valuation metrics.
2019 YTD Returns (31.12.2019)
Balanced Composite Index, 2019 YTD Returns
The quest for uncorrelated returns can be an expensive pursuit, especially in terms of opportunity cost.
"Data gathered from 802 U.S. colleges and universities for the 2018 NACUBO-TIAA Study of Endowments® (NTSE) show that participating institutions’ endowments returned an average of 8.2 percent (net of fees) for the 2018 fiscal year (July 1, 2017 – June 30, 2018) compared with 12.2 percent for FY17."
1950 - 2016
25 Year Zero Coupon Bond vs S&P 500 Total Return
From 24% in North America to 40% in the Middle East
36% of MSCI World Index is
comprised of tech stocks
44% of MSCI World Index is comprised of Japanese stocks