The world has become a global market and political, cultural or financial developments in one part of the world can have a critical impact on your investment…For example, a small article in the newspaper about developments in North Korea can have an impact on your investment in the USA. Point being made is that there are a host of factors that you need to consider when investing in Endowment funds and you must look beyond the traditional historical data.
The technology landscape in traditional endowments, foundations and family offices is changing! From running servers under desks to running servers in the cloud. From running multiple vendor-sourced client server application that performed a single function each, to demanding custom-built, end-end systems that leverage current investments while making the end-user experience seamless and rich. And this change has happened over a relatively short duration of time – in the past 2-3 years!