Investments
2024 Capital Market Assumptions
The 2024 edition of our 10-Year Capital Market Assumptions (CMAs) offers our projections for asset class returns, volatilities and correlations over the next decade. This yearly exercise helps in shaping the design of our investors’ long-term portfolios.
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Investments
2023 Year-End Fundraising Checklist
The approach of the end of the year means end-of-year tax planning, which for many includes finalizing annual charitable contributions. This presents an opportunity for nonprofits to engage donors and help them complete their gifts by December 31.
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April 2023
The Case for Staying Invested in Bonds
April 24, 2023
The dangers of trying to time the market apply to bonds just as much as equities.
Staying invested in the Bloomberg U.S. Aggregate Bond Index between 1995 and March 2023 would have reaped a yearly compound return of 4.7%.
Yet, if you missed the index’s best performing month each year throughout the same period, long-term performance would have been almost halved to 2.7%. And without the two best performing months each year, compound returns would be 75% less than if an investor stayed fully invested.
Sometimes pullling out of an asset class or sitting on the sidelines may feel like the right thing to do, but mistiming the market can erode compound returns and threaten long-term goals.
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