We identify the five considerations that we believe endowments and foundations should have front and center as they look ahead.
While every year brings new challenges, the long-term perspectives of endowment and foundations investors can help them ride out surprises. Our current long-term view on the world is captured in our paper, Themes and opportunities 2024: An age of agility. The instability and uncertainty that have characterized the global economy and geopolitics for several years have provided a familiar backdrop for all investors, but endowments and foundations (E&Fs) have independent values and objectives, with missions that often go far beyond simply balancing profits and costs, along with stakeholders (from beneficiaries to donors) with different expectations and needs.
We believe that in an age of agility such characteristics can be useful. With that in mind, we think that E&Fs should consider the following: