Topic: Investment Perspectives

Connect with peers and TIFF’s Investments team in person to share key investment insights. These events are tailored to address our members’ most pressing concerns and focus on providing perspective around today’s complex investment landscape.

In March 2023, TIFF Investment Management launched our Investment Navigator series. This series aims to bring together industry peers in different cities to discuss important investment topics and how investors are accounting for them through portfolio management. Each event will provide an intimate setting for members to network and ask questions of TIFF’s Investments team. Whether you are an endowment, foundation, or other institutional investor, the Investment Navigator series is an excellent opportunity to connect with peers, share your point of view, and learn from the TIFF team.

The first stop in our series was Chicago, IL. CIO Jay Willoughby, and Managing Director – Equity-Oriented Strategies Trevor Graham addressed such market considerations as inflation, cash management, and the role of private equity today. Attendees raised concerns about preserving cash and ensuring the safety of cash on hand, particularly for smaller endowments and foundations. They also asked about TIFF’s strategic asset allocation and whether we were making tactical moves in response to inflation. Private equity was also discussed, with questions about valuations and whether TIFF was still generating positive returns in light of the current market environment.

Get ready, the next stop on TIFF’s Investment Navigator series is coming to New York, NY.

For information on other future events, please visit tiff.org/events.

Every institutional investor says they’re long term — until a crisis hits.

In the wake of ongoing trouble at regional banks, not to mention rising inflation and interest rates, many long-term investors are reassessing their investment strategies.

“The hardest thing for clients in a time like this [is that], like everyone else, you start focusing on the immediate,” said Kane Brenan, CEO at outsourced chief investment officer firm TIFF Investment Management. “It’s just harder. Everyone does this wrong.”

Read the full article: Now Is the Time for Active Management, TIFF Says

Trevor Graham, TIFF’s Managing Director – Equity-Oriented Strategies, is cited in the December 14, 2022 issue of Fin News. The article discusses the various factors contributing to institutions reevaluating their exposure to Chinese equities and TIFF’s viewpoint on the issue.

Read the article: Institutions Reevaluating Exposure To Chinese Equities Amid Market Uncertainties 

Jay Willoughby, TIFF’s CIO, is cited in the November 22, 2022 issue of The Wall Street Journal. Jay discussed market volatility, home prices, and the Fed’s efforts to cool inflation.

Read the full article: Stocks Finish Higher in Quiet Session

Are investors back to bonds? It’s been a historically bad year for the bond markets. But with valuations in the tank thanks to the Fed’s interest rate hikes, and new securities becoming available at attractive yields, investors may finally be ready to test the fixed-income waters again.

Trevor Graham, Managing Director – Equity-Oriented Strategies at TIFF Investment Management, an outsourced chief investment officer firm, said the team is considering allocating more capital to the bond market as rate hikes continue — a reversal of the firm’s investment strategy from just a few months ago. In June, TIFF replaced some of its fixed-income allocation with hedge funds whose mandate is similar.

Read the full article: When Bonds Stopped Doing Their Job, Investors Searched for Alternatives. Now the Pendulum Is Swinging Back