Silvercrest Asset Management’s Post

New York Alternative Investment Roundtable is hosting a Commodity Investing Program on Thursday, April 11, 2024.   Join Andrew Weisman, Managing Partner and Chief Investment Strategist at Windham Capital Management, Jason Casey, Associate Director and member of the OCIO Investment team at Commonfund, and Paul Lucek, CEO & Co-CIO at Ridgedale Advisors, for an insightful panel discussion on the intersection of inflation and commodities and the motivations behind the surge in interest from global institutional investors.   Discover the diversification benefits and strategies employed to harvest returns in commodity markets. The discussion will span: ✅ Investment styles ✅ Portfolio management techniques ✅ The significance of return forecasting ✅ The technical nuances inherent in commodity investing...and more! Don’t miss this opportunity to gain invaluable insights into one of the most compelling asset classes in today’s volatile market environment! 🔗Learn more: https://lnkd.in/eUj_DqZH w/ Alessandra Tocco, Kunjan Mehta, Robert E. Akeson, Monica Badia, Larry Bartimer, B.J. Bellock, Tom Brigandi, CFA, Jonathan Daniel, CPA, Kevin Mirabile, Pierre duPont, Gabrielle Guttman, Marc Schneider, Bob Stearns, Adam Weinstein, Stanley Goldstein, Timothy P. Selby, Timothy Sledge, CFA, Lisa Roitman, Sarah Kuhns #NYALT #NYAIR

Exciting news! 🏆 We're thrilled to announce the recipients of the 2023 Harry M. Markowitz Award, presented by The Journal of Investment Management (JOIM) and New Frontier. This year’s top honor goes to "The Determinants of Inflation" by William Kinlaw, Mark Kritzman, Michael Metcalfe, and David Turkington for their innovative approach to understanding inflation through a Hidden Markov Model. Their work provides critical insights for managing inflation and guiding investment strategies. Additionally, we're proud to recognize with special distinction the research of two other papers: 1. "The Diminishing Role of Active Mutual Funds: Flows and Returns" by James X. Xiong, Thomas M. Idzorek, and Roger G. Ibbotson (Pictured below) which explores the challenges faced by active equity mutual funds and their future prospects. 2. "Financing Fusion Energy" by Abdullah Alhamdan, Zachery M. Halem, Irene Hernandez, Andrew W. Lo, Manish Singh, and Dennis Whyte, which offers an innovative financing model for the promising but challenging sector of fusion energy. Learn more about the award-winning research here: https://hubs.ly/Q02r2V230 Congratulations to all the award winners for their exceptional work that continues to drive our understanding of finance and investments forward. #HarryMMarkowitzAward #FinanceInnovation #InvestmentManagement 🎉📈

The final installment in The Globe and Mail series on the Future of Investing looks at North America, arguing the region holds great promise for investors looking to achieve superior long-term returns. Take a read here: https://lnkd.in/eDnTvPYs

We're very excited to announce the publication of our first paper in 2024, which delves into Natural Capital Investing! In a remarkable swing of ‘real asset’ appetite, natural capital manager searches outnumbered real estate manager searches for the first time in 2023, and while natural capital investing is not new, it has evolved. Download the paper here: https://okt.to/69NmE5 #naturalcapital #Investment #onyourside

Amid ongoing geopolitical tension, higher rates, ongoing market volatility and elections on the horizon, we wanted to find out what was motivating the decision-making of over 800 global institutional investors in Nuveen’s fourth annual Global Institutional Investor EQuilibrium Survey, which launches today. The results show that an unusually high number of investors (93%) feel we are in a period of elevated uncertainty as a result of macroeconomic and geopolitical tensions. In response, we are seeing an escalation in the trends that have been building in recent years, including increased allocations away from equities toward private markets, with a particular focus on those positively influencing the energy transition such as alternative energy and the electrification of transport infrastructure. Find out more about how some of the world’s biggest investors moving decisively to better position portfolios for a new market regime here:

Last week, NorthStar’s Chief Investment Officer and Senior Portfolio Manager, Nimrit Kang, CFA appeared on CNBC's Power Lunch to discuss NorthStar’s portfolio positioning ahead of the Fed’s decision with an emphasis on sticking to the strategic allocation and staying invested in the market.                                  “We are with the market in that the Fed is in a wait and see place  having put through 500 basis points of interest increases over the last 18-19 months. In terms of how we're positioned, the only thing we feel very confident about is that we expect higher degree of uncertainty and volatility in the market. With that, we are very focused on risk and in that framework, we're looking at bonds where we can get a 5-6% yield secured by contractual obligations by the US government. That sounds pretty good to us right here, so we are where it makes sense. Where our clients are underweight their fixed income, we are building out fixed income ladders for them and getting them that 5-6% income while maintaining flexibility for them as well.”

Our next Live Webinar on 24 July is not to be missed. We're taking a small pivot away from our usual content and get to meet our Responsible Investing Analyst, Stephanie Derrington. She will be discussing her latest white paper on global supply chains and maritime chokepoints. Afterwhich we will cover off our usual fund update and Q&A. Register here - #contrarianinvesting #investing

This week’s interview from FundCalibre Ltd is with Cohen & Steers Diversified Real Assets manager Vince Childers, CFA. Focusing on the fund’s investment strategy and its approach to various real asset classes around the globe, Vince also addresses the fund’s role in an investor’s portfolio, emphasising its potential benefits in both inflationary and deflationary scenarios https://lnkd.in/ehb-xPxY

You can now watch the insightful and informative virtual conversation "Exploring the Yield Curve & Harnessing Bond Market Volatility" with Quadratic Capital Management’s Chief Investment Officer Nancy Davis where she and Editor-in-Chief & Chief Content Officer Dan Costa delved into the intriguing world of yield curve inversions and their implications for investors. In this discussion, Davis dissected the current economic landscape, where the Federal Reserve Bank of NY has signaled a striking 67.3% likelihood of a recession within the next 12 months – the highest since the 1980s. With a historical lens, we explored the patterns that have emerged before previous recessions and the unprecedented nature of the current prolonged yield curve inversion. Watch here: https://hubs.la/Q02750Vg0

Pleased to share the latest MARS publication about Range-based volatility estimators! Together with my colleagues Julien Royer and François Chareyron, we delved into refining volatility forecasts to enhance risk-based portfolio strategies. Our work offers fresh insights into the realm of portfolio management. #Research #PortfolioManagement #RiskAssessment #VolatilityForecasts