Annual Investment Forum
Press Release
February 2021
PRLog
Canterbury's Annual Investment Forum will feature a former commissioner of the FDA, the chief investment strategist at Charles Schwab, and the founder of Ariel Investments as they provide insights on biomedical science and health, international markets, and value investing.
Annual Investment Forum
Annual Investment Forum
January 2021
Canterbury Consulting
Canterbury Consulting hosted its 13th Annual Investment Forum virtually for the first time on January 21, 2021. This year’s forum brought together experts in health science and investment management for engaging presentations and discussions on the state the economy, the markets, and the global community.
Annual Investment Forum
Press Release
January 2021
Yahoo Finance
Canterbury's Annual Investment Forum will feature a former commissioner of the FDA, the chief investment strategist at Charles Schwab, and the founder of Ariel Investments as they provide insights on biomedical science and health, international markets, and value investing.
In The Media
Industry News
January 2021
Pensions & Investments
More than a dozen institutional investment consulting firms have formed the Institutional Investing Diversity Cooperative to increase data and transparency around diversity in the asset management industry, the group said Tuesday, January 5, 2021. The members said in a joint statement that they will push for better tra…
In The Media
Recognition
December 2020
Pensions & Investments
A record 94 firms were recognized by Pensions & Investments (P&I) as part of its 2020 Best Places To Work in Money Management program, a survey and awards program dedicated to identifying and recognizing the best employers and providing organizations with valuable employee feedback. Canterbury Consulting was one of the…
Events
Webinar Panel Discussion with Bob Cluck
November 2020
UCI School of Social Sciences
Canterbury Consulting Chairman Bob Cluck joined fellow University of California, Irvine Foundation trustees and Steve Borowski, president of Aristotle Capital Management, and Kristen Monson to speak on the implications of COVID-19 on the markets, asset allocations, and the non-profit world on November 19, 2020. During …
In The Media
Recognition
October 2020
Orange County Business Journal
Canterbury Consulting provides financial advice on $23.6 billion worth of investments for family offices, college endowments, nonprofits, healthcare organizations and other clients.
Like other wealth management firms in this hyper-competitive business on Wall Street, this advice is closely tracked by clients, especi…
In The Media
Quote by Stuart Blair, CAIA
October 2020
HuffPost
President Donald Trump has repeatedly warned that the stock market is doomed if he loses the 2020 election and Democrats take the White House. But looking at history, the association of a Republican president with better stock market performance is not steeped in reality. Here’s what’s really the case: Historically, th…
In The Media
Quote by Stuart Blair, CAIA
October 2020
FundFire
Predictions of massive hedge fund redemptions this year were rife following the volatility of March and April. But with the start of the final quarter of the year approaching and redemption windows coming to a close, it turns out the industry may avoid what some had feared — a crushing year overshadowing brutal 2019 ou…
Events
Webinar & Report
August 2020
Canterbury Consulting and Armanino
Canterbury Consulting and Armanino, an independent accounting and business consulting firm, hosted a three-part webinar series discussing the impact of COVID-19 on nonprofits. Each webinar focused on a timely topic facing the nonprofit community, share insights collected through our nonprofit survey, and feature guest …
Events
Webinar
August 2020
Canterbury Consulting and Armanino
During the Return to Work Guidelines webinar, Jason Levey, director and investment consultant at Canterbury, joined Mike Boulton, partner at Armanino, to host guest panelists from nonprofit organizations that are implementing new processes and procedures to address health and safety guidelines for employees as well as …
Events
Webinar
July 2020
Canterbury Consulting and Armanino
During the Strategic Planning During the COVID Crisis webinar, Jason Levey, director and investment consultant at Canterbury, joined Mike Boulton, partner at Armanino, to host guest panelists from nonprofit organizations whose operations have been directly affected by COVID-19.
Events
Webinar
July 2020
Canterbury Consulting and Armanino
During The Paycheck Protection Program: PPP Guidelines and Compliance Going Forward webinar, Jason Levey, director and investment consultant at Canterbury, joined Mike Boulton, partner at Armanino, to discuss maximizing loan forgiveness and maintaining documentation for potential audits of the funding in the future.
In The Media
Quote by Loren Asmus, CFA, CAIA
July 2020
U.S. News & World Report
The midstream sector supports the oil and gas industry's infrastructure needs and can increase diversification in a retirement portfolio since it generates higher yields. Investors typically invest in large integrated exploration and production names from the energy sector, as well as utility companies for additional i…
Articles
Authored by Debashis Chowdhury, CFA
July 2020
Nonprofit Information
Much has been written of high market returns over the past few years, and the COVID-19 pandemic will certainly lead to higher volatility going forward. What hasn’t been written is that these data points have created a precarious situation for endowments and the organizations they support: Spend rates are up or at unsus…
Events
Manager Webinar
June 2020
Franklin Templeton
During the webinar hosted by Canterbury on June 30, 2020, Dr. Michael Hasenstab, Chief Investment Officer, Templeton Global Macro, provided his view on what to expect post-crisis. Considering the potential paths ahead, he sees a gradual reopening and recovery as the most likely scenario, but it won’t come without its e…
In The Media
Quote by Matthew Lui, CFA, CAIA
June 2020
MSN Money
Does passive investing have a place in the most active market in recent history? Are index funds safe? Index funds are the epitome of passive investing. Rather than trying to beat the market by selecting individual stocks, these funds own all stocks constituting the index, matching the performance of the underlying ben…
In The Media
Quote by Stuart Blair, CAIA
June 2020
Orange County Business Journal
Canterbury Consulting Inc., a Newport Beach-based financial consulting group best known for advising family offices and non-profit organizations, is raising $82 million for a new fund to target private equity fund opportunities.
“It will provide investors more opportunity to implement material change versus basic co…
In The Media
Quote by Mike Ethridge
June 2020
Business Insider
All 50 states have begun to loosen lockdown requirements and businesses like gyms, nail salons, restaurants, retail shops, production studios, and some offices are starting to reopen.
For many, reopening is more complicated than social distancing and reduced capacity. In addition to an operational and financial chec…
In The Media
Quote by Matthew Lui, CFA, CAIA and Loren Asmus, CFA, CAIA
June 2020
Citywire
To musicians Matt Lui and Loren Asmus, picking a manager is a lot like writing and performing a song. The writer uses logic and structure to write the notes, then the players work together, harmonizing with the band to bring emotion to the music and create something beyond the paper. And to these two investment researc…
In The Media
Quote by Debashis Chowdhury, CFA
June 2020
Orange County Business Journal
The first quarter was unlike anything seen in the world’s financial markets. The markets reached an all-time high in February and when the coronavirus struck, they plunged more than 30%, including the 13% drop of the Dow Jones on March 16, the second worst day in its history.
In The Media
Quote by Debashis Chowdhury, CFA
May 2020
Fiduciary News
The proliferation of investment options promised participants a plug-and-play plan. In the process, it created a 401k Frankenstein monster of a mess.
Articles
Authored by Matthew Lui, CFA, CAIA
April 2020
Nonprofit Information
The active versus passive investment management discussion has intensified as of late due to active management’s recent inability to outpace their passive benchmarks. Some may have a knee-jerk inclination to fire an underperforming manager, but the data show that investors are better off staying the course.
In The Media
Quote by Debashis Chowdhury, CFA
April 2020
The NonProfit Times
The temptation to panic during a crisis looms over leaders at nonprofits immediately affected by the COVID-19 pandemic. However, advisers to groups relying on walk-in traffic, guest fees, and gift shop sales are taking the long view since the situation remains unclear, despite many cities and towns now telling resident…
Events
Manager Webinar
March 2020
Galaxy Digital
The world is rapidly digitizing, and blockchain will play a critical role in this global transformation. To capitalize on this longer term foundational shift, seasoned entrepreneurs are building and scaling exciting products and solutions that are market-ready today in the areas of digital finance, enterprise digitizat…
In The Media
Quote by Matthew Lui, CFA, CAIA
February 2020
Los Angeles Times
If there is perhaps one thing that investors don’t like above all others, it’s uncertainty. And that’s what was served up in heaping bucketfuls this week as it became clear the coronavirus wouldn’t bypass the U.S. — with the stock market turning in its worst performance since last decade’s financial crisis.
“I think…
Annual Investment Forum
Annual Investment Forum
February 2020
Canterbury Consulting
Watch exclusive videos featuring featured speakers from Canterbury Consulting's 2020 Investment Forum as they discuss this year's key investment topics.
In The Media
Quote by Debashis Chowdhury, CFA
February 2020
Inside Higher Ed
Colleges and universities generally aren't happy about the endowment tax, but many are paying less than the tens of millions of dollars reported by the country's wealthiest universities, a review finds. And even those ultrawealthy universities might end up paying substantially less.
It has been more than two years s…
Events
Roundtable Discussion led by Stuart Blair, CAIA
February 2020
SuperReturn U.S. West
Canterbury Consulting’s Director of Research, Stuart Blair, CAIA, led a roundtable session at the annual SuperReturn U.S. West conference on Wednesday, February 12, 2020. This session focused on sharing best practices, stories of success, and examples of failure. The roundtable discussed the merits and considerations o…
Annual Investment Forum
Press Release
February 2020
Yahoo Finance
This year's forum featured experts from Research Affiliates, The Collaborative Fund and PIMCO who provided insight on the relevancy of valuations, the psychology of investing and the view from Washington.
Annual Investment Forum
Annual Investment Forum
January 2020
Canterbury Consulting
Canterbury hosted its 12th Annual Investment Forum on January 22, 2020 for its endowment, foundation, healthcare organization, and family clients. Guests were treated to forecasts and insights from prominent thought leaders in investment management.
Articles
Authored by Stuart Blair, CAIA
January 2020
Nonprofit Information
Most nonprofits have probably considered environmental, social, and governance (ESG) investing, or soon will. Interest has escalated, and as a result, advice abounds. Reading it, only one thing seems clear: ESG investing is complex. It seems every answer leads to two questions, and it’s no surprise that many turn away …
Annual Investment Forum
Press Release
January 2020
PR Newswire
Canterbury's Annual Investment Forum features experts from Research Affiliates, The Collaborative Fund and PIMCO to provide insight on the relevancy of valuations, the psychology of investing and the view from Washington.
Events
Discussion Led by Debashis Chowdhury, CFA
October 2019
Institutional Investor
On October 16, 2019, Debashis Chowdhury, CFA, president at Canterbury, will be moderating one of three concurrent breakout sessions that examine questions that asset allocators and consultants are asking as they examine the status quo of institutional investing across asset classes.
Customization in strategy, fees, …
In The Media
Quote by Matt Lui, CFA, CAIA
October 2019
Forbes
Over the last decade, growth stocks have performed significantly better than value stocks. However, over the past year, it appears that the pendulum has swung to favor value stocks. Recent data suggests the trend is accelerating.
Focus on rebalancing — not market timing — may prove most essential to those with long-…
In The Media
Quote by Matt Lui, CFA, CAIA
October 2019
The Wall Street Journal
Over the past decade, many experts have predicted that the open-end mutual-fund industry would crumble, an inevitable victim of exchange-traded funds (ETFs). Despite the surging popularity of ETFs, mutual funds are expected to remain a force with $19.93 trillion in assets under management as of August 31, 2019.
Whil…
Events
Panel Discussion with Poorvi Parekh
September 2019
Institutional Investor
On September 26, 2019, Canterbury Consulting’s Director of Outsourced Investments, Poorvi Parekh, spoke on an Outsourced Chief Investment Officer (OCIO) panel session at the 3rd Annual West Coast Sub-Advisory Roundtable in Marina del Rey, CA.
The panel session, Consultants, Managers & OCIOs: The Lines are Blurring…
Events
Manager Webinar
September 2019
Matthews Asia
Global investors continue to feel the repercussions of U.S.-China trade tensions, China's currency "devaluation," and protests in Hong Kong. Trade negotiations may be dominating headlines but global investors should not overlook China’s strong fundamentals and long-term economic growth trends. Rising consumer wealth in…
In The Media
Quote by Stuart Blair, CAIA
September 2019
FundFire
Stronger hedge fund performance this year has sparked a slight boost in investor return expectations, but many of them are still not fully satisfied with the results so far as they keep an eye turned toward worries about the equity market cycle, according to a new survey.
Only having 9% of investors report that hedg…
Articles
Press Release
August 2019
PR Log
Canterbury Consulting, an independent investment advisory firm with more than $20 billion in assets under advisement, and the University of California, Irvine's Center for Investment and Wealth Management (CIWM), have partnered in the Pacific Life LIFEvest Financial Literacy Residential Program to help underserved Oran…
In The Media
Quote by Matthew Lui, CFA, CAIA
July 2019
U.S. News & World Report
While investors traded high-fives over the Dow Jones Industrial Average hitting 27,000, there was a high 500 to celebrate as well. Even if it didn’t garner nearly as much notice, the S&P 500 index slipped past the 3,000 mark for the first time; the Nasdaq composite likewise shattered its previous record the day before,…
Articles
Authored by Poorvi Parekh, CFA
May 2019
Nonprofit Information
The key role of a nonprofit organization’s trustees is to ensure that investment assets are protected and properly managed so that they can serve the organization’s mission. Regardless of the size of the investment assets, the investment committee seeks to balance the objectives of both long-term growth and ongoing fun…
In The Media
Quote by Stuart Blair, CAIA
May 2019
FundFire
The frenzied merger and consolidation activity roiling the hedge fund of funds space the last few years may have cooled off, but it has left room for unique deals – and more are likely, experts say.
The resources and overhead required to successfully run a fund of funds could mean some more consolidation or creative…
In The Media
Quote by Stuart Blair, CAIA
April 2019
FundFire
Dallas-based Westwood Group is joining the growing list of managers offering new fee models designed to appeal to investors who don’t want to pay active management fees for passive-like performance. Some critics say performance fees encourage portfolio managers to take excessive risk to hit their targets, but Westwood …
Annual Investment Forum
Annual Investment Forum
March 2019
Canterbury Consulting
Watch exclusive videos featuring select speakers from Canterbury Consulting's 2019 Investment Forum and learn from industry leaders as they discuss this year's key investment topics.
In The Media
Quote by Stuart Blair, CAIA
March 2019
FundFire
The majority of hedge fund investors are keeping their overall allocations to the asset class steady during 2019, but that doesn’t mean they won’t be picking new managers. Growth for hedge fund managers in 2019 could come from reallocations, as investors target new strategies and dive further into areas such as co-inve…
Events
Webinar
February 2019
Canterbury Consulting and Armanino
On February 5, 2019, Jason Levey, director and investment consultant at Canterbury Consulting provided an introduction to private capital investing for nonprofit organizations as a part of Armanino's webinar, Private Capital Reporting for Nonprofits.
Annual Investment Forum
Press Release
February 2019
MarketWatch
Canterbury Consulting recently hosted its 2019 Investment Forum, Canterbury's annual client education event. The 11th annual investment forum showcased a diverse array of leaders in the investment management industry, specialists in ESG investment principles, and thought leaders at the intersection of politics and the …
Annual Investment Forum
Annual Investment Forum
January 2019
Canterbury Consulting
Canterbury hosted its 11th Annual Investment Forum on January 17, 2019 for its endowment, foundation, health care organization, and family office clients. Over 200 attendees were treated to forecasts and insights from prominent thought leaders in investment management.
In The Media
Quote by Debashis Chowdhury, CFA
January 2019
Institutional Investor
Canterbury Consulting is setting up a fund of hedge funds for its clients, signaling that appetite remains for an area of asset management that has struggled to attract investors over the past decade.
In The Media
Quote by Debashis Chowdhury, CFA
January 2019
Inside Higher Ed
When President Trump at the end of 2017 signed a Republican-backed tax-reform package into law that included significant changes for colleges and universities, higher ed leaders were left waiting for answers.
They wondered about rules for calculating a new tax on endowments. They sought guidance regarding a tax on p…
In The Media
Quote by Stuart Blair, CAIA
January 2019
FundFire
Large hedge fund managers are increasingly growing their product footprints, but not in the types of strategies where they made their names in the first place. For the industry’s top players, business growth is coming in newer areas, including risk premia, subadvising on mutual funds, and private equity-like funds.
Annual Investment Forum
Press Release
January 2019
MarketWatch
Canterbury Consulting, an independent investment advisory firm overseeing more than $18.3 billion, will host its 2019 Investment Forum, on January 17, 2019 in Newport Beach, Calif. The forum is an annual assembly of prominent thought leaders in investment management that Canterbury Consulting hosts each year for its en…
In The Media
Quote by Loren Asmus, CFA
January 2019
MarketWatch
There’s no magic that goes into socially responsible investing. The secret sauce isn’t really a secret: You just figure out what criteria matter most to you and screen stocks that pass muster.
“ESG is a very broad space,” said Loren Asmus, vice president at Canterbury Consulting in Newport Beach, Calif. “It can get …
Events
Panel Discussion with Debashis Chowdhury, CFA
December 2018
Southwest Investors
On December 12, 2018, Canterbury Consulting President Debashis Chowdhury spoke on the Investment Consultants and Advisors Roundtable at LinkBridge Investors’ Southwest Investors Annual Meeting. Alongside Nathan Skankey, director of investor relations at Santé Realty Investment; Ben Maslan, principal at RCLCO; Christian…
In The Media
Canterbury Consulting
December 2018
HedgeWeek
Canterbury Consulting, a Newport Beach-based institutional investment advisory firm with more than $18.3 billion in assets under advisement, will turn to Canoe Intelligence (Canoe), in a multi-year relationship to efficiently digitize, track, and organize thousands of documents and data points.
“Canoe’s system will …
In The Media
Quote by Stuart Blair, CAIA
November 2018
FundFire
Opportunities for growth remain around customized solutions, but challenges remain ahead for the fund of funds space, especially with fee pressure, says Stuart Blair, director of research at Canterbury Consulting.
“If you’re below $10 billion, it’s hard to run a business based on the fee schedules and the work that …
Articles
Authored by Debashis Chowdhury, CFA
November 2018
Nonprofit Information
Legend has it that a college professor once awarded an “A” for the best existentialistic description of a simple chair. The “A” paper contained just two words, “what chair?”
It’s been said “the existential attitude” is a sense of puzzlement, misperception, or anxiety in the face of an apparently empty or illogical wor…
Events
Panel Discussion with JD Montgomery, CAIA
October 2018
Silicon Valley Bank
JD Montgomery, managing director at Canterbury Consulting, spoke on a panel at the Silicon Valley Bank International Venture Capital General Partners (SVB IVCGP) Summit on Wednesday, October 3, 2018 in San Francisco, California. During the panel, Making Waves: The Innovation Economy and the Essential Role of Family Off…
Events
Panel Discussion with Poorvi Parekh
September 2018
Institutional Investor
On September 25-26, 2018, Canterbury Consulting’s Director of Outsourced Investments, Poorvi Parekh, spoke at Consultants and OCIO: Behind the Veil, a panel discussion at the 2nd Annual West Coast Sub-Advisory Roundtable in Marina del Rey, CA. The panel discussion focused on the dynamics between consulting/outsourced C…
In The Media
Quote by Matt Lui, CFA
September 2018
Forbes
The two biggest opportunities Michael Cannivet, founder and president of Silverlight Asset Management, sees for U.S. investors over the next 5 years are: (i) protecting capital ahead of the next bear market, and (ii) subsequently overweighting international assets. For most people, money management is a long-term compo…
Events
Panel Discussion with Stuart Blair, CAIA
September 2018
ALTSSV
On September 17, 2018, Canterbury Consulting’s Director of Research, Stuart Blair, CAIA, chaired the panel “Opportunities in Private Debt & Alternative Fixed Income” at the 2018 ALTSSV Conference, an annual forum focused on venture capital, private equity, private debt, hedge funds, and real assets, hosted in Silic…
In The Media
Quote by Stuart Blair, CAIA
August 2018
FundFire
The hedge fund industry’s largest players have continued growing in size, despite pressure over fees and performance the last few years, with Bridgewater Associates remaining at the top of the pack, followed by fast-growing AQR Capital Management and Man Group, both of which grew assets by more than 40% since 2016, acc…
In The Media
Quote by Loren Asmus, CFA
August 2018
U.S. News & World Report
Shopping for junk doesn't exactly have a luxurious ring to it, whether you're hitting a salvage yard for a '62 Ford Falcon horn or combing through VHS tapes of "Sweatin' to the Oldies" at a rummage sale. So think about it: Why would anyone buy a product called a junk bond – conceived, after all, by that legendary felon…
Events
With Chad Bollenbach
August 2018
UCI Paul Merage School of Business
The LIFEvest Financial Literacy Program — hosted by the Center for Investment and Wealth Management (CIWM) at the University of California, Irvine (UCI) Paul Merage School of Business — is an on-campus immersion program dedicated to helping underserved students who have the potential to be first generation college stud…
Events
Attended by Poorvi Parekh
June 2018
RFK Human Rights
Canterbury Consulting’s Director of Outsourced Investments, Poorvi Parekh, attended the RFKennedy Compass Investor Conference held at Hyannis Port from June 25-27, 2018. The conference — organized by RFK Compass, the investment arm of the Robert F. Kennedy Human Rights organization — provided a platform for dialog betw…
Annual Investment Forum
Annual Investment Forum
June 2018
Canterbury Consulting
Canterbury Consulting has confirmed two key speakers for the 2019 Annual Investment Forum on January 17, 2019, including Greg Valliere, chief political strategist at Horizon Investments, and Raife Giovinazzo, Ph.D., CFA, partner and portfolio manager at Fuller & Thaler.
In The Media
Quote by Stuart Blair, CAIA
June 2018
Los Angeles Times
Cash is creeping back. With interest rates rising and the stock market cooling from its big gains last year, some savers and investors are placing more money into once-dormant cash-related products such as money market funds, bank certificates of deposit and Treasury securities.
In The Media
Quote by Stuart Blair, CAIA
June 2018
FundFire
It’s been a rough few years for the hedge fund of funds space in which liquidations vastly outpaced launches and numerous mergers and acquisitions consolidated the market. But the pace could be starting to level off, industry watchers say, as investors look increasingly to fund of funds shops for customization and nich…
In The Media
Quote by Stuart Blair, CAIA
May 2018
FundFire
In the hedge fund industry, the big keep getting bigger — and their ranks keep growing – with the number of funds managing over a $1 billion hitting a new record. The number of investors dedicating over $1 billion to the sector also ticking up.
The number of hedge funds with at least $1 billion in assets under manag…
Articles
Press Release
May 2018
Canterbury Consulting
NEWPORT BEACH, CALIF., May 21, 2018 – Canterbury Consulting, an independent investment advisory firm overseeing $18.6 billion for foundations, endowments, healthcare organizations, and families, is moving to a new office after 30 years of growth. Due to the success of its independent advisory service model, the firm is…
In The Media
Quote by Debashis Chowdhury, CFA
May 2018
The NonProfit Times
Pension funds, endowment fund, and foundations are taking a renewed look at their investments and whether they include gunmakers or even companies that sell guns.
In The Media
Quote by Loren Asmus, CFA
May 2018
U.S. News & World Report
Roughly five years ago, foreign bonds moved into the remarkable position of representing a full third of world's capital markets. And today's investors can't help but ponder the possibilities dangled by nations such as China, which with its $11 trillion bond market, represents the world's third largest.
There's at l…
In The Media
Quote by Stuart Blair, CAIA
April 2018
FundFire
Hedge funds are adjusting to a fundamental industry shift splitting the sector between cheap, scalable products and high-fee alpha generating vehicles, according to a new report.
For many hedge fund managers, offering lower cost products still presents a major challenge, says Stuart Blair, director of research at Ca…
Events
Manager Webinar
March 2018
Generation Investment Management
On March 29, 2018, Renee Beaumont of Generation Investment Management discussed the growing importance and prevalence of responsible and sustainable investing. Topics discussed included the different approaches to sustainable investing, current sustainability trends, how investors are incorporating the philosophy into …
In The Media
Quote by Debashis Chowdhury, CFA
March 2018
Inside Higher Ed
Interest in divestment has spiked in recent weeks, according to Debashis Chowdhury, president at Canterbury Consulting, an investment advisory firm managing about $18 billion of assets for endowments, foundations, health care organizations and families.
Donors and parents were asking colleges about their exposure to…
In The Media
Quote by Stuart Blair, CAIA
March 2018
FundFire
Fund of funds clients remain focused on fees and it’s the largest managers that have the ability to keep fees competitive – creating a challenging environment for smaller players, says Stuart Blair, director of research at Canterbury Consulting.
“[I’m] not surprised to continue to see consolidation in the fund of fu…
In The Media
Quote by Stuart Blair, CAIA
February 2018
Institutional Investor
Stuart Blair agrees that hedge funds are willing to do separate accounts for smaller clients. He says unlike investing through commingled hedge funds, which are “one size, fits all,” institutions get to customize a strategy around their risk tolerance, for instance. In addition, clients get to define the level of trans…
Annual Investment Forum
Annual Investment Forum
February 2018
Canterbury Consulting
Review the Canterbury Investment Forum for 2018. Listen and view videos recorded from our breakout sections and learn from industry leaders on where our economy is heading.
Events
Panel Discussion with Stuart Blair, CAIA
February 2018
SuperReturn U.S. West
Canterbury Consulting’s Director of Research, Stuart Blair, CAIA, participated in two panel discussions at the annual SuperReturn U.S. West conference on Tuesday, February 13, 2018. As a part SuperReturn’s mission to bring the best discussions and events in private equity and venture capital, the conference focused on …
In The Media
Quote by Stuart Blair, CAIA
January 2018
Fundfire
“Nothing has changed from last year. Clients are still hesitant to waning in their interest in hedge funds,” says Stuart Blair, director of research at Canterbury Consulting.
“Where we are seeing interest is more in the smaller, niche hedge fund space – hedge funds that can participate in or extract value from pock…
Annual Investment Forum
Annual Investment Forum
January 2018
Canterbury Consulting
Canterbury hosted its 10th Annual Investment Forum on January 18, 2018 for more than 200 endowment, foundation, healthcare, and family office clients. Attendees were treated to insights on investing, the state of philanthropy, and the future of healthcare from notable thought leaders including TCW, Centerbridge Partne…
Articles
Press Release
January 2018
Yahoo
Experts Discussed Macroeconomics, Global Equity and Credit Markets, the State of Philanthropy and the Future of Healthcare
NEWPORT BEACH, Calif., Jan. 24, 2018 /PRNewswire/ -- Canterbury Consulting, an independent investment advisory firm overseeing $18 billion for foundations, endowments, and families, recently hos…
Events
Manager Webinar
December 2017
Gurtin Municipal Bond Management
On December 18, 2017, Jonathan Hill, CFA of Gurtin Municipal Bond Management discussed how the Federal Reserve’s Quantitative Easing (QE) program has been a unique and unconventional central bank policy post the Great Financial Crisis. Mr. Hill reviewed the mechanisms used by the Federal Reserve to implement QE and pro…
Articles
Press Release
November 2017
Yahoo
NEWPORT BEACH, CALIF., November 9, 2017 /PRNewswire/ -- Stuart Blair, director of research for Canterbury Consulting, an independent investment advisory firm overseeing $17.2 billion, will be a featured speaker and panel member for the Alternate Investment Summit in December and a moderator at the SuperReturn US West C…
Articles
Press Release
November 2017
Yahoo Finance
NEWPORT BEACH, CALIF., November 3, 2017 /PRNewswire/ – Canterbury Consulting, an independent investment advisory firm overseeing more than $17.2 billion, has announced the speakers for its 2018 Investment Forum, an annual assembly of prominent thought leaders in investment management, healthcare, and philanthropy.
Can…
In The Media
Quote by Stuart Blair, CAIA
October 2017
San Francisco Chronicle
SharesPost’s partnership with Fidelity is uniquely suited to Silicon Valley because the two companies can help investors and entrepreneurs fund charitable causes without having to wait for the companies to go public, she said.
Events
Attended by JD Montgomery, CAIA
September 2017
Stanford PACS
On September 19, 2017, JD Montgomery, CAIA, Managing Director, recently attended the Stanford Philanthropy Innovation Summit. Attendees included influential philanthropists, technologists, academics and industry practitioners.
Events
Manager Webinar
September 2017
Sands Capital Management
On September 26, 2017, Thomas Trentman, Portfolio Manager at Sands Capital Management, addressed the exceptional growth in technology and innovation and its impact across entire economic sectors and industries. Mr. Trentman addressed the powerful themes driving above-average growth in the markets. Topics ranged from cu…
Events
Discussion Led by Debashis Chowdhury, CFA
September 2017
Institutional Investor
On October 5, 2017, Debashis Chowdhury, CFA, President, will co-host a breakout discussion group to examine the latest thinking about who should decide what in the asset allocation process and what are the best metrics on which they should be measured.
In The Media
Quote by Debashis Chowdhury, CFA
September 2017
FundFire
Although underlying asset managers are cognizant of investors’ growing appetite for divestment and ESG issues, investors still need to be implementing “reasonable policy parameters”, says Debashis Chowdhury, president at Canterbury Consulting, a consultant firm that also provides OCIO services. “You really have to mak…
In The Media
Quote by Stuart Blair, CAIA
September 2017
Pensions & Investments
Adding to the pressures, asset owners are beginning to hire general investment consultants for specialty consulting work to reduce the workload on their staffs, said Stuart Blair, director of research at Newport Beach, Calif.-based Canterbury Consulting Inc. "Managing multiple service providers and coordinating their o…
In The Media
Quote by Stuart Blair, CAIA
September 2017
Pensions & Investments
Stuart Blair, CAIA, Canterbury Consulting's director of research, was recently interviewed by Pensions and Investments Online. He gives his insights into an emerging trend in private credit investment lending that may lead to increased risk and distorted returns.
In The Media
Quote by Debashis Chowdhury, CFA
August 2017
Orange County Business Journal
Debashis Chowdhury, CFA, president of Canterbury Consulting, discussed the firm's investment philosophy, allocation strategies and the general state of return expectations in an article on the front page of the August 7 Orange County Business Journal.
In The Media
Quote by Stuart Blair, CAIA
August 2017
Pensions & Investments
Stuart Blair, CAIA, Canterbury Consulting's director of research, was recently interviewed by Pensions and Investments Online. He gives his insights into an emerging trend in private credit investment lending that may lead to increased risk and distorted returns.
In The Media
Quote by Stuart Blair, CAIA
August 2017
FundFire
With shrinking amounts of capital in other parts of the hedge fund space, co-investment vehicles also offer an avenue for managers to tap new capital, and there has been a noticeable uptick in offerings from fund of funds platforms in this vein, says Stuart Blair, director of research at Canterbury Consulting. Investor…
In The Media
Quote by Jaylene Howard, CFA, CAIA
July 2017
TheStreet
"Why shouldn't older workers and retirees invest in environmental, social and governance factors?" Jaylene Howard, a director at Canterbury Consulting. "Responsible investing has been a growing investment strategy for all generations for decades," she added. "However, a key difference between the strategies of the past…
In The Media
Quote by Stuart Blair, CAIA
July 2017
FundFire
“Investors are growing impatient [being] charged for exposures and return drivers that don’t necessarily serve the purpose that alternatives should be serving in their portfolios,” he says. Client interest in smaller funds has grown in part because of spinouts, with some investors looking to follow talent, says Stuart …
Events
Panel Discussion with Stuart Blair
July 2017
Markets Group
Stuart Blair, CAIA, Director of Research, participated on a panel entitled Value-Added and Opportunistic Investing in Today’s Market at Markets Group’s Pacific Institutional Real Estate Investor Forum Los Angeles. The panel, composed of both investors in equity and debt in real estate and investment fiduciaries, discu…
Events
Manager Call
June 2017
Capital Group
On June 28, 2017, Canterbury hosted a Q&A dialogue between Jeffrey Brown of Capital Group and Stuart Blair, Director of Research for Canterbury Consulting. Mr. Brown addressed the current political landscape and its impact on financial markets. From the U.S. to the U.K., policy reform will continue to have a significan…
In The Media
Quote by Stuart Blair, CAIA
June 2017
Nonprofit News
Kinga Gorniak joined investment consultant Canterbury Consulting as v.p. of alternative investment research on June 19, Director of Research Stuart Blair said. Gorniak is responsible for sourcing, evaluating and monitoring private market managers, Blair said. She will also serve as chairwoman of the firm’s private capi…
Articles
Authored by Jaylene Howard, CFA, CAIA
May 2017
Philanthropy News Digest
In January, Edward Shane, managing director at Bank of New York Mellon, told the Wall Street Journal that he estimates boomers have roughly $10 trillion stashed away in tax-deferred savings accounts. As the first generation with 401(k)s, boomers are in a unique position to call their own tune as they decide what to do …
In The Media
Quote by Stuart Blair, CAIA
April 2017
FundFire
Funds of funds still have appeal, especially for smaller allocators that want access to the hedge fund space and want to build out their portfolios, says Stuart Blair, director of research at Canterbury Consulting. Clients are focused on performance and fees, but most remain happy with the access funds of funds are pro…
In The Media
Quote by JD Montgomery, CAIA
April 2017
Bloomberg
JD Montgomery, an adviser to about 30 wealthy families at Canterbury Consulting, is among those who have seen some power shift back to family offices. Funds with a history of being highly selective about new investors -- or even closed to them -- are now offering up allocations, sometimes with lower minimums, Montgomer…
In The Media
Quote by Stuart Blair, CAIA
March 2017
FundFire
Still, investors are looking for performance numbers, says Stuart Blair, director of research at Canterbury Consulting. “There is no story they can weave or tell that will satisfy clients. It comes down to actions,” he says.
One noticeable change has been an uptick in managers wanting to explain negative situations,…
Articles
Authored by Stuart Blair, CAIA
February 2017
The Hill
A sign in a corporate IT office once read, “Advice: $10. Good Advice: $1000.”
It’s obvious that when it comes to certain things, you do get what you pay for. In the investment advice industry, however, the amount you pay for insight may not necessarily be based on the quality of the advice, but instead on the compen…
Articles
Authored by Debashis Chowdhury, CFA
February 2017
Trustee
In the past few years, hospitals in all parts of the United States have received some of the largest single donations in their history, allowing them to expand services and build newer and more technologically advanced facilities. But this trend forces foundation trustees, particularly those in community hospitals, to …
In The Media
Quote by Stuart Blair, CAIA
February 2017
FundFire
Different time horizons and cultures in private equity firms and hedge funds have led to some mismatches as private equity shops expanded their alts offerings, says Stuart Blair, director of research at Canterbury Consulting. With private equity shops used to pulling levers and hiring talent to improve performance, the…
In The Media
Quote by Stuart Blair, CAIA
January 2017
FundFire
The long bull market and a wave of large hedge funds experiencing performance challenges have been prime factors leading investors to move capital around, says Stuart Blair, director of research at Canterbury Consulting.
In The Media
Press Release
January 2017
Canterbury Consulting
Newport Beach, California, January 18, 2017 – Canterbury Consulting, an independent investment advisory firm overseeing $17.4 billion for foundations, endowments, and families, recently hosted the 2017 Investment Forum, Canterbury’s annual assembly of some of the world’s foremost investment management leaders. Attendee…
Annual Investment Forum
Annual Investment Forum
January 2017
Canterbury Consulting
Canterbury hosted its Annual Investment Forum on January 5, 2017. Our Annual Investment Forum brings clients and prospects together to hear exclusive forecasts and strategic insights from global leaders in investment management, and to network and collaborate with peers and Canterbury professionals about the common cha…
In The Media
Quote by Stuart Blair, CAIA
January 2017
SF Chronicle
Given the prospect of higher interest rates, Stuart Blair, director of research for Canterbury Consulting wealth management firm in Newport Beach (Orange County), says that he’s advising clients to stick to safer assets. “On the venture side, we’re hearing (dollars raised from) new rounds are coming down,” Blair said. …
In The Media
Quote by Stuart Blair, CAIA
January 2017
FundFire
While macro and event driven strategies could find opportunities in the new year, the broader hedge fund market is likely to continue experiencing some pain in 2017 as investors question fees and look for a better alignment of interests, says Stuart Blair, director of research at Canterbury Consulting.
Articles
Authored by Matthew Lui, CFA
January 2017
The Hill
A wise shopper saw a “going out business” sign in a fortune teller’s window and quipped, “He should have predicted that.” Given the uncertainty surrounding the unconventional leadership of Donald Trump, even a fortune teller may not have much luck predicting next year’s market. Similarly, more than a few investment man…
In The Media
Quote by Stuart Blair, CAIA
December 2016
SF Chronicle
“It’s confounding,” said Stuart Blair, director of research for the Canterbury Consulting. “Valuations are already pretty high. At some point, there will be a correction in the markets. But all that seems to have changed now that we have Trump.”
Events
Webinar
December 2016
Fuller & Thaler Asset Management
On December 13, 2016, Raife Giovinazzo, PhD, CFA and David Potter, CFA addressed behavioral finance theory and its application to investment management. Raife discussed the theoretical framework and David explained how the firm’s process works to exploit systematic investor mistakes in order to earn superior returns. F…
Articles
Press Release
December 2016
PR Log
NEWPORT BEACH, CA - Dec. 5, 2016 - PRLog - Liz Ann Sonders, chief investment strategist of Charles Schwab, will be the keynote speaker for Canterbury Consulting’s 2017 annual investment forum on January 5, 2017. Canterbury Consulting is a Newport Beach-based independent investment advisory firm with $17 billion in ass…
In The Media
Recognition
November 2016
Orange County Business Journal
Debashis Chowdhury, CFA, President, has been selected by the Orange County Business Journal for its inaugural edition of the OC 500. This list honors the most influential individuals from throughout Orange County. Honorees range from top executives at the largest publicly traded or privately held companies to up-and-co…
In The Media
Recognition
November 2016
Forbes
Canterbury is ranked #5 on the 2015 Forbes Top 100 Wealth Managers List. These firms are leading because of their independence, their commitment to their clients and their ability to grow through a decade of market challenges and rewards.
In The Media
Quote by Debashis Chowdhury, CFA
November 2016
U.S. News & World Report
Many investors turn to advisors skilled in this area, says Debashis Chowdhury, president of Canterbury Consulting, an investment consulting firm in Newport Beach, California.
"While there are many providers of index and fund products who provide their own form of pre-screened portfolios, our clients prefer a customi…
Events
Panel Discussion with Michael Laven
November 2016
FEFO
Michael Laven, CFA served on the steering committee of the inaugural Foundations | Endowments | Family Offices (FEFO) forum held at Arizona State University. Mr. Laven participated on a panel “Seeking Yield in a Low Yield Environment,” which discussed where to find adequate income, how to address the risk of raising ra…
In The Media
Quote by Debashis Chowdhury, CFA
October 2016
Orange County Business Journal
We view the fiduciary rule as a positive for investors large and small. Many advisers were already working this way with clients, and this cements and codifies the good things the industry was doing. It’s a confirmation of what we have always thought was the right way to interact with clients: putting their best intere…
Events
Discussion Led by Debashis Chowdhury
October 2016
Institutional Investor
At the Roundtable for Consultants and Institutional Investors, alongside fellow consultants, investment managers and senior investment professionals from distinguished endowments, foundations, and healthcare entities from around the country, Debashis Chowdhury, CFA led a discussion on portfolio construction in the curr…
Events
Webinar
September 2016
Lazard Asset Management
On September 27, 2016, James Donald discussed the macroeconomic environment and potential opportunities within the emerging markets. Specifically, he addressed the following: recent challenges to economic growth, recent strong, performance in the asset class, prospects of inflation and deflation, and regions and countr…
In The Media
Quote by Stuart Blair, CAIA
September 2016
SF Chronicle
“A president can help push the economy in a certain direction,” said Stuart Blair, director of research for Canterbury Consulting in Newport Beach. “But there shouldn’t be any major changes to the economy. No matter who comes in, there will be some short-term volatility, but in the long term, that will pass.”
In The Media
Press Release
September 2016
Canterbury Consulting
SEATTLE – (September 7, 2016) – Canterbury Consulting, a leading investment advisory firm overseeing $16.8 billion in assets under advisement for foundations, endowments, and families, has announced the appointment of Jaylene Howard. In her role as investment consultant, Howard will focus on advising institutions and p…
In The Media
Quote by Stuart Blair, CAIA
August 2016
U.S. News & World Report
Avoid what's trending. "Five years ago we had clients who wanted to invest in gold, because everyone was talking about it," says Stuart Blair director of research for Canterbury Consulting in Newport Beach, California. "We counseled them not to make an unnatural tactical play because if you get caught up in the excitem…
Events
Webinar
June 2016
Pyrford International
On June 28, 2016, Tony Cousins, Chief Executive Officer and Chief Investment Officer at Pyrford International addressed today's international developed equities landscape and outlined where the opportunities and risks are, particularly in light of the recent ‘Brexit’ referendum. Mr. Cousins also discussed the headwinds…
Events
Panel Discussion with Stuart Blair
June 2016
IMN
Stuart Blair, CAIA, Director of Research, participated on a panel entitled Using ETFs to Enter New Markets and Sectors at the 2016 IMN Global Indexing & ETFs Conference. The panel, composed of both advisors and creators and providers of ETFs, discussed the ongoing innovation in the ETF market and the associated risks …
Events
Moderated by Poorvi Parekh
June 2016
Institutional Investor
Poorvi Parekh, Director of Outsourced Investments, recently moderated a session at the 2016 Institutional Investor Endowments and Foundations Roundtable in Boston. The annual roundtable attracts a large number of prominent endowments, foundations, healthcare organizations, advisors and asset managers from around the w…
Articles
Authored by Debashis Chowdhury, CFA
June 2016
Pensions & Investments
Spend rates are up, often beyond realistic expectations for real returns. Much has been written of lower expected returns going forward compared to the high market returns over the past five years, but what hasn't been written is that these data points have created a precarious situation for endowments and the organiza…
Events
Manager Call
March 2016
Templeton Global Macro
On March 29, 2016, Dr. Sonal Desai, Director of Research at Templeton Global Macro and Co-Portfolio Manager of the Templeton Global Bond Fund ("Fund"), recently shared her thoughts on the global macroeconomic environment and on the potential opportunities in the United States and abroad. Links to the replay and summary…
Annual Investment Forum
Press Release
January 2016
Newswire
Canterbury Consulting, a leading investment advisory firm, hosted its 2016 Annual Investment Forum on January 7, 2016, which featured prominent experts providing exclusive forecasts and insights on critical topics, including cycles of investor behavior, global fixed income markets, macro diversification, and the impact…
Annual Investment Forum
Annual Investment Forum
January 2016
Canterbury Consulting
Canterbury hosted its 2016 Annual Investment Forum on January 7, 2016, which featured prominent experts providing exclusive forecasts and insights on critical topics, including cycles of investor behavior, global fixed income markets, macro diversification, and the impact of world and U.S. political environments on str…
Events
Webinar
December 2015
Vaughan Nelson Investment Management
On December 15, 2015, Chris Wallis, CEO and CIO of Vaughan Nelson Investment Management, addressed today's investment landscape and the opportunity set that investors now face. He discussed the history of credit markets, the current state of the market, and his outlook on various sectors and asset classes. With decreas…
Events
Webinar
September 2015
Matthews Asia
China's equity markets have been in steady decline for several weeks, raising a torrent of questions and concerns about the potential impact on the world's second-largest economy. Given that China is one of the biggest drivers of global growth, this story is important for investors. On September 29, 2015, Andy Rothman…
In The Media
Recognition
July 2015
Orange County Business Journal
We are very excited to announce that Canterbury Consulting was recently named as one of the Best Places to Work in Orange County in 2015 by the Orange County Business Journal! We are so proud of our entire team and the collaborative, thriving work culture at Canterbury.
The awards program was created in 2009 and is …
In The Media
Announcement
July 2015
Canterbury Consulting
I am pleased to announce today that the company's Board of Directors has elected Debashis Chowdhury to the role of President. The management team will continue to include Michael Laven, CEO and Mike Ethridge, COO.
Events
On June 30, 2015, Canterbury Consulting hosted an exclusive manager webinar with Joachim Fels, Managing Director and Global Economic Advisor of PIMCO. Topics included: an overview of PIMCO's macroeconomic outlook for the next three to five years, which they have termed "The New Neutral", the key investment implications…
In The Media
Recognition
May 2015
Forbes
Canterbury is ranked #5 on the 2015 Forbes Top 100 Wealth Managers List.
Read the full article here.
Events
Webinar
March 2015
Kayne Anderson Capital Advisors
On March 31, 2015, Canterbury Consulting hosted an exclusive manager webinar with Robert Sinnott, Chief Executive Officer and Chief Investment Officer of Kayne Anderson Capital Advisors. Discussion topics included the ‘fair’ price of oil with respect to the supply/demand dynamics of the market, the implications of lowe…
Annual Investment Forum
Annual Investment Forum
January 2015
Canterbury Consulting
Canterbury hosted our 7th Annual Investment Forum on January 13, 2015. The presenters included: James "Jim" Paulsen, Wells Capital Management, Frank Brosens, Taconic Capital, A.J. Agarwal, Blackstone Group, Francis Scotland, Brandywine Global Investment Management, and Betsy Doyle, The Bridgespan Group.
In The Media
Recognition
April 2014
Forbes
Canterbury is #1 on Forbes Top Wealth Manager list. The list is based on ADV data from the SEC and includes firms that offer Wealth Management services and excludes an RIAs that own and/or manage a mutual fund, hedge fund or broker/dealer. Click the link below to read more.
