I know that my focus is on Family Office and Real Estate but today at the Family Office Association that was held at the Four Seasons Resort in West Palm Beach i had the chance to listen to a presentation by Kai Nygard from the Nygard Family Office. The topic was the Family Quest for the Fountain of Earth. During his discussion he was explaining how in an effort to help his grandmother from dieing, he started to explore alternative medical benefits for those that are sick along with ways to increase the life cycle of individuals. The passion he displayed to learn more and to come up with not only answers but solutions was inspirational. A true example of someone making a difference with family wealth and a potential difference that could effect all of us for generations to come. Kai Nygard - remember his name because i think it will be a name that we hear more than this one time.
Harvard's Endowment commits to a target investment range into real estate between 10% to 17% for 2016
Years ago, before the downturn I was paying very close attention to the investing allocation of my Alma Maters Endowments Investing Strategy HMC (Harvard Management Company), especially in the area of real estate. I believe that not only was Harvard a great place to understand the importance of investment allocation strategies before the downturn but even more so since the downturn. In fact, investors who are looking to enhance the performance of their investment portfolios probably won’t find a better investment model than the one used by the $37.6 billion endowment for Harvard University. The entity in charge of managing the endowment, Harvard Management Company (HMC), has accrued an impressive investment track record across its 41-year history. As of fiscal year 2015, the endowment had produced an average annual return of 12.2% – 290 basis points higher than the average 9.3% return of a typical U.S. 60/40 stock and bond portfolio. The methodology behind HMC’s success i...
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