Evercore Wealth Management
Introduction This November, voters in California will be confronted with 17 statewide ballot initiatives, the product of record campaign spending. Some, including Proposition 60 on Adult Films, seem trite; many are too complicated for a general electorate. However, five propositions…
Editor’s note: Evercore Wealth Management supplements its core investment capabilities with carefully selected outside funds across the range of the firm’s asset classes. The firm has invested in Dimensional Fund Advisors’ DFA International Core Equity Portfolio since September 2014, during…
Investors around the world have flocked to U.S. bond markets in search of yield and, since Britain’s referendum vote to quit the European Union, safety. Certainly, the U.S. fixed income sector stands out against the very low, or even negative,…
Risk matters. A portfolio that holds risky assets has a greater likelihood of more extreme movements. If these movements are outside an investor’s comfort range, there’s another risk at play: that he or she will abandon an investment plan, with…
Three words are commonly associated with fees related to private funds: onerous, opaque, and complicated. For some prospective investors, the management fees and carried interest charged by the general partnerships that manage these funds can be a turnoff. So too…
Creative destruction, which the economist Joseph Schumpeter said is the essence of capitalism, is all around us – and it continues to accelerate. Technological changes are displacing old industries and creating opportunities that are magnified by globalization. Investors benefit from…
Among the many misperceptions around socially responsible investing, arguably the biggest is that investors in this sphere are any less focused on returns than their more traditional counterparts. This $21.4 trillion global discipline is increasingly effective, transparent, and measurable. As socially…
What does Brexit mean to private investors in the United States? Not quite as much as the media may suggest, at least not in the near term.
Recognizing change is difficult. It is far more comfortable to extrapolate into the future familiar assumptions about a conventional U.S. president-elect, a growing Chinese economy, controlled oil prices, union in Europe, and positive interest rates, even as evidence mounts to…