All CFOs are taught that past performance is not an indication of future performance. Performance data is only part of how investment consultants evaluate money managers — and they use it with caution.
Smart Money: Seeing through rates
By
William C. Fisher
Feb 01, 2012
Rates of return are often used as a benchmark for investment performance. As Joan Dixon, CFO of Morningside Ministries in San Antonio, TX, says, “performance reporting can at times be very confusing....
Smart Money: Diversify with caution
By
William C. Fisher
Jun 05, 2012
Harvard’s endowment has been famous for investing to generate enormous gains. From 1990 to 2005, the investment returns averaged 15% per year, growing the assets from almost $5 billion to almost...
Smart money: Still spooked? (Part II)
By
William C. Fisher
Nov 01, 2011
By William C. Fisher, President, Investment Advisory Group LLC
Smart money: Ancillary services push
By
William C. Fisher
Nov 01, 2012
The senior living industry currently has very favorable supply and demand dynamics. Occupancy is trending higher and financing avenues are opening.