News
Institutional Investors Consider Plays in Sports Investing
There's an increasing interest amongst institutional investors to invest in sports. College sports may be next on their radars.
Minority ownership in sports teams has been a growing interest, specifically within the strategy of family offices, said FEG CIO Greg Dowling.
FEG Employees Share Gratitude in November
During the month of November (National Gratitude Month), we took the time to express our gratitude. We are delighted to share these various reflections from our FEG staff with you.
Alts Hamper Endowment's Fiscal Returns
College & university endowments chalked up single-digit positive returns for the latest fiscal year, ended June 30. Private markets dragged down the performance of some of the largest endowments.
Brookfield's Huge GP Commitment Gains Notice, But Sparks Questions
Brookfield Asset Management contributed more than 25% of the funds to the recently closed $12 billion flagship global private equity fund. The $3.5 billion is a remarkable cash injection offering strong alignment to other institutional investors allocating to the vehicle.
Christian Busken, SVP, Director of Real Assets at FEG Investment Advisors notes that, "Brookfield’s mega-sized commitment 'demonstrates a high level of conviction.'"
FEG Investment Advisors to Host Tenth Investment Forum in September
FEG will host their 10th Investment Forum in Cincinnati, OH, September 18-20, 2023. This year's forum, titled, "The Beautiful Game: Investing to Win," will feature leading industry experts discussing the outlook on markets, interest rate policies, economics, politics, and the impact of emerging technologies like artificial intelligence (AI) on investing.
FEG Investment Advisors Builds Dallas Office with New Advisor Stephen P. Haines
FEG Investment Advisors (FEG), headquartered in Cincinnati, OH, recently announced that Stephen P. Haines has joined the firm as an Advisor in the Dallas, TX office.
Philanthrophy Ohio's Magazine Features Market Commentary from Nolan Bean
FEG is a member of Philanthropy Ohio, a statewide membership organization for institutional foundations and endowments. As a professional partner, we regularly provide continuing education, tools, and investment knowledge to board and staff members of grant makers across the state.
In this article, FEG Investment Advisors offers market insights, suggesting foundations review their investment policy statements, focusing on strategic asset allocation and their capacity to embrace illiquid investments.
Decarbonization Is the New Divestment as Company Disclosures Increase: OCIOs
Although divestment may have been a popular practice just a few years ago, decarbonization is now OCIOs main recommendation as they seek to help clients make an impact.
FEG Senior Vice President Tim O'Donnell says, "[C]arbon reduction, we view, as not necessarily just an evolution of fossil fuel exclusion because we're not saying that fossil fuel exclusion is a bad path ... what we're saying is that today, we have multiple paths that we can travel."
Southern University Approves Private Equity Secondaries Commitment
FEG CIO and Head of Portfolio Management, Nolan Bean, provided detail towards the FEG-recommended University of Alabama System $20 million commitment to Timber Bay Fund III, managed by Timber Bay Partners.
"I think this should be a fairly target-rich environment for their strategy ... It's very much a value-oriented defensive strategy building in downside protection and they've demonstrated an ability to execute that," said Bean.
Consultants Consider Expanding Fixed Income Recommendations
Consultants are optimistic about private credit and are assessing whether they can recommend longer-duration fixed income strategies as inflation and the threat of a recession cools. But some consultations remain cautious about equities. With interest rate hikes, inflation, and other moving parts, FEG CIO Greg Dowling says, "It's going to be very data-dependent, and... the data seems to surprise every week, every month."
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The information in the articles is from various sources. Neither the information or any opinion expressed in any of the articles constitutes an offer, or an invitation to make an offer, to buy or sell any securities. FEG does not guarantee the accuracy or completeness of such information provided by third parties. The information is provided as of the date indicated and believed to be reliable. FEG assumes no obligation to update the information, or to advise on further developments relating to any article or the information referenced within.
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