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Investment Insights
315 Results-
![Beach Reading]()
20 Jun, 2023Beach Reading
Most of you know that I don't favor romance novels for reading on the beach (or anywhere else, for that matter, although that's not a judgment about people who ...
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![Angeles 2022 Diversity, Equity, and Inclusion (DEI) Annual Report]()
1 May, 2023Angeles 2022 Diversity, Equity, and Inclusion (DEI) Annual Report
2022 has certainly been a year where reflection has taken heightened relevance. This reflection relates to the continuous evolution of the global economy and implications for markets, heightened concerns about climate change and its impact on...
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![1st Quarter 2023 - Dam(n)]()
11 Apr, 20231st Quarter 2023 - Dam(n)
Western Pennsylvania is home of the Allegheny Mountains, part of the vast Appalachian chain that runs 1,500 miles from Alabama to Newfoundland. It is some of the most scenic landscape in eastern North America, which verdant mountains and deep...
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![Fireside Reading]()
30 Mar, 2023Fireside Reading
Six fiction and seven nonfiction books to recommend. Happy reading!Fiction ...
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![Mismatch]()
20 Mar, 2023Mismatch
Bankers have always had a bad rap. Cicero, writing in De Officiis in 44 BCE, referenced Cato the Elder, the great Roman philosopher, who, when asked his ...
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![Angeles 2023 Long Term Capital Market Assumptions]()
1 Mar, 2023Angeles 2023 Long Term Capital Market Assumptions
This report presents Angeles Investment Advisors' updated capital market assumptions as of January 2023. These assumptions are used in asset allocation modeling for our clients over a long-term horizon (>10 years).
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![Supporting Diversity: Partnership & Engagement to Improve Industry Standards]()
9 Feb, 2023Supporting Diversity: Partnership & Engagement to Improve Industry Standards
Diversity, equity, and inclusion (DEI) is critical to Angeles' philosophy, including our manager research process. While we actively seek out DEI-focused managers, Angeles believes it is important to also encourage our high conviction managers...
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![4th Quarter 2022 - Kapitalismus]()
5 Jan, 20234th Quarter 2022 - Kapitalismus
Revolution spread like wildfire throughout Europe and around the globe in 1848, seemingly out of nowhere. There were early uprisings that year in Sicily and elsewhere, but revolutionary fervor arose most dramatically in France. On 22 February...
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![Year End Newsletter 2022]()
21 Nov, 2022Year End Newsletter 2022
We would like to share some time-sensitive information as well as various planning strategies with you as we wrap up 2022.
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![Everything Human is Pathetic]()
18 Nov, 2022Everything Human is Pathetic
This is what comes to my mind as I watch the debacle that is FTX imploding.Most legal documents and court filings are painful to read: verbose, obtuse, ...
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![Fireside Reading]()
18 Oct, 2022Fireside Reading
It's still beach reading weather in Southern California, but fireside reading seems more appropriate for mid-October. I have three non-fiction and five fiction ...
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![3rd Quarter 2022 - Skywave]()
7 Oct, 20223rd Quarter 2022 - Skywave
On a cold winter day in Devon, England, 75-year-old Oliver Heaviside climbed a ladder by his house to inspect the roof. He slipped and fell and died of his injuries. It was a sudden, but not surprising, end to a strange, but remarkable, life.
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![Beyond Everyday Portfolio Management: An OCIO's True Role]()
19 Sep, 2022Beyond Everyday Portfolio Management: An OCIO's True Role
While Angeles' primary goal as an OCIO is to help our clients advance their core missions by delivering exceptional investment performance, our partnerships often extend beyond the boundaries of portfolio management.
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![Mid Year 2022 Capital Market Assumptions]()
12 Sep, 2022Mid Year 2022 Capital Market Assumptions
This report presents Angeles Investment Advisors' updated capital market assumptions as of July 2022. These assumptions are used in asset allocation modeling for our clients over a long-term horizon (>10 years).
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![Invigorating Impact: Designing an ESG Program for Community Foundation Donors]()
17 Aug, 2022Invigorating Impact: Designing an ESG Program for Community Foundation Donors
Incorporating environmental, social, and governance (ESG) factors into a portfolio can invigorate donors by aligning their charitable dollars to the investment program. Angeles takes a holistic approach to responsible investing and creates custom...
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![THE G.O.A.T.]()
1 Aug, 2022THE G.O.A.T.
John Harris owned a skating rink in Pittsburgh. In 1940, he invited Olympic star Sonja Henie to skate between periods of professional hockey games ...
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![Beach Reading]()
19 Jul, 2022Beach Reading
It is definitely beach weather, and I have a dozen recommendations for you. Happy reading! Fiction ...
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![A Forecasted Budget Decline: How an Endowment Responded]()
11 Jul, 2022A Forecasted Budget Decline: How an Endowment Responded
Read our most recent case study to learn how Angeles partnered with an independent school challenged by budgetary pressures stemming from a material increase in forecasted expenses.
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![2nd Quarter 2022 - Pendulum]()
11 Jul, 20222nd Quarter 2022 - Pendulum
Aristarchus of Samos was the first to propose a heliocentric model of the universe, 2,300 years ago. Observing the time it took for the Earth's shadow to engulf the Moon during a lunar eclipse, Aristarchus applied some basic geometric calculations...
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![Shelter from the Storm]()
21 Jun, 2022Shelter from the Storm
The next decade is going to look very different from the previous 10 years for endowments and foundations, in particular higher-ed institutions. Angeles Investments Managing Director Garry Duncan offers a view of the storm that lies ahead.
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![Yellow Flag]()
10 May, 2022Yellow Flag
When cars crash in an auto race, the yellow flag comes out. This requires drivers to slow down and stay in their positions, allowing time for the crews to move ...
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![Beach Reading]()
23 Apr, 2022Beach Reading
The Lincoln Highway, Amor ...
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![1st Quarter 2022 - Shattering]()
11 Apr, 20221st Quarter 2022 - Shattering
So much of our world seems to be shattering around us. This letter, Shattering, looks at another period where old orders were collapsing through the life of an extraordinary woman who shattered stereotypes.
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![Angeles 2021 Diversity, Equity, and Inclusion (DEI) Annual Report (12-31-21)]()
22 Feb, 2022Angeles 2021 Diversity, Equity, and Inclusion (DEI) Annual Report (12-31-21)
In the twenty years since we founded Angeles Investments with Leslie Kautz, it has been abundantly clear that the quality of our team is not only one of our strongest competitive advantages, but also key to cultivating... Updated 12-31-21
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