Tag: #investmentexcellence

Jay Willoughby, CIO at TIFF, participated as a panelist in a recent webinar, “State of the Markets Macro Economic Check-In”, with Catholic Investment Services. Jay sat down with Jack Brennan, CIS Founding Chair and Former CEO of Vanguard, and Ted Disabato, Managing Principal/Consultant at Meketa Investment Group, to discuss the current state of the financial markets, the effects of inflation and other dynamic factors, and the risks and opportunities ahead for institutional investors.

Watch the replay of the webinar through the link below.

CIS Webinar: State of the Markets Macro Economic Check-In

Please note that this webinar has been edited from its original recording to shorten its length. This webinar is for general informational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy securities. The asset classes discussed may not be suitable for all investors. All expressions of opinion are subject to change. Past performance does not guarantee future results. All investments are subject to risk, including the possible loss of principal.

Increasing complexity of assets. A need to move quickly to adjust to volatile markets and uncertainty. Those are just a few of the reasons why industry experts and consultants say demand for outsourced CIO managers will only continue to grow.

According to data compiled by Pensions & Investments, OCIO assets managed for institutional investors worldwide with full or partial discretion surged to about $2.66 trillion as of March 31, up 5.4% from 2021 and 86.1% from 2017.

Volatile markets, growing complexity underscore demand for OCIO

Investors have committed billions of dollars over the past several years to fund managers that buy modest stakes in private-equity firms, but some of those same investors now want to go it alone.

“Private equity is a great business to own with highly recurring revenue, high free cash-flow margin, large upside kicker in the form of [profit shares or] carried interest,” said Brendon Parry, managing director of private investments with TIFF Investment Management. The nonprofit organization, which acts as an outsourced chief investment officer for other nonprofit groups and foundations, is considering investing directly in firm-management companies.

More Investors Consider Direct Route to Owning Stakes in Private Firms

With fixed income falling short in protecting on the downside, TIFF Investment Management is betting on hedge funds to help diversify some investment risks.

Despite the bad headlines and their mixed track record, TIFF Investment Management, the $8 billion outsourced chief investment officer for endowments and foundations, will keep betting on hedge funds to soften the blow of market stress.

Traditional Managers Have ‘Nowhere to Hide.’ Can Hedge Funds Pick Up the Slack?

TIFF Investment Management’s CIO, Jay Willoughby, is cited in the June 17, 2022 issue of The Wall Street Journal. Jay is quoted on a potential recession from the Fed tightening and the impact that yields on the 2-year treasury note have on inflation.

U.S. Stock Wobble as Volatile Trading Persists