Performance gaps between developed and developing markets help demonstrate how
important it is for endowments and foundations to re-examine their equity allocations.
We recommend they carefully customize in their portfolios unique market
capitalization considerations, execution options, risk parameters and (to a limited
extent) home-country bias.
Moreover, we believe that all investors—including those based in developed markets—
should consider going beyond their national boundaries, not just to seek enhanced
returns, but also to help reduce risk.
In this paper, Anthony D. Werley, Chief Strategist for the J.P. Morgan Endowments &
Foundations Group, walks you through our firm's thinking on these issues and
demonstrates how it applies in a sample portfolio.
As every organization's needs and goals are different, we very much look forward to
discussing how our insights may apply to you.
Sincerely,
Monica Issar
Global Head
J.P. Morgan Endowments & Foundations Group
Overview
Monica Issar
Head of J.P. Morgan Endowments
& Foundations Group
