Kweku Obed Quoted on Emerging Managers, Endowments & Foundations

August 25, 2017

On August 23, investment consultant Kweku Obed was quoted in a FundFire article on the increasing use of emerging investment managers by endowments and foundations. Kweku commented that endowments and foundations are a logical next step for emerging managers, as the majority of their business comes from public funds, either through direct mandates or manager of managers’ portfolios, and they’ve had success there.

The article echoed points Kweku made in a recent paper on the attractiveness of diverse managers, and tackling challenges they face connecting with the broader institutional investor community. As many diverse managers don’t have the marketing bandwidth to connect with the right endowments and foundations, the solution often lies with plan sponsors and the investment manager search functions of investment consultants. FundFire reports that one endowment conducts diverse searches, has seen strong performance with their women-owned international equity managers, and has an eye on women-owned venture capital.

In his July 2017 Investment Perspectives newsletter, Don’t You Know, We’re Talking About An Evolution?, Kweku contributed to the industry conversation on the measurable benefits of incorporating “diverse” investment firms by exploring solutions to major headwinds. It is Marquette’s view that broader conversations about the diverse manager community should deliberately acknowledge the existence of newer structural headwinds that diverse managers face in today’s market. By focusing on these material hurdles — some of which are highlighted in the newsletter — the plan sponsor, diverse manager and consultant communities will be in a stronger position to formulate practical solutions to these challenges.

To read the article, visit the FundFire website (subscription required).

Related Content

09.08.2021

Glenn Ross Named 2021 Knowledge Broker by CIO Magazine

Announced last week, Managing Partner Glenn E. Ross has been named to Chief Investment Officer’s 10th annual list…

10.12.2021

Patrick Wing Speaking at PSACC Fall Conference 11/17

On Wednesday, November 17th, Patrick Wing, CFA, CIPM will be speaking at the Pennsylvania State Association…

09.28.2021

David H. Smith Speaking at 529 Virtual Conference 11/4

On Thursday, November 4th, David H. Smith, CFA will be speaking at the

10.04.2021

Patrick Wing and Michael Shone Speaking at PA County Treasurers’ Conference 10/19

On Tuesday, October 19th, Michael W. Shone and Patrick Wing, CFA, CIPM will…

09.23.2021

Mike Piotrowski Speaking at IPPFA MidAmerican Pension Conference 9/29

On Wednesday, September 29th, Mike Piotrowski, CAIA will be speaking at the IPPFA MidAmerican Pension Conference,…

09.08.2021

Sarah E.R. Wilson Speaking at Allegheny League of Municipalities Government Benefits Seminar 9/24

On Friday, September 24th, Sarah E.R. Wilson will be speaking at the Allegheny League of Municipalities’…

More updates

Subscribe to Research Email Alerts

Research Email Alert Subscription

Research alerts keep you updated on our latest research publications. Simply enter your contact information, choose the research alerts you would like to receive and click Subscribe. Alerts will be sent as research is published.

We respect your privacy. We will never share or sell your information.

Thank You

We appreciate your interest in Marquette Associates.

If you have questions or need further information, please contact us directly and we will respond to your inquiry within 24 hours.

Contact Us >