U.S. lawmakers have introduced several bills aimed at increasing excise taxes on large university endowments, moves that may prompt endowments to devote a larger slice of their portfolios to illiquid investments to meet anticipated spending needs, industry players said.
For the fifth consecutive year, Canterbury Consulting has been awarded as one of the 2024 Best Places to Work in Orange County.
The Orange County Business Journal conducts an annual employee survey to acknowledge employers for their exemplary treatment, recruitment, and retention of employees. The honor is an indicatio…
Canterbury Consulting is named one of the 2023 Best Places to Work in Orange County, marking the fourth consecutive year to receive the award.
This county-wide survey and awards program identifies, recognizes, and honors the best places of employment in Orange County, California, benefiting the county's economy, wor…
Canterbury Consulting was nationally recognized as one of the Best Places to Work in Money Management in 2022 by Pensions & Investments. The award marks the third consecutive year this program has recognized Canterbury for its employee engagement and workplace culture.
Canterbury Consulting was recently named as one of the 2022 Best Places to Work in Orange County for the 3rd consecutive year. The awards program was created in 2009 and is a project of the Orange County Business Journal in partnership with Workforce Research Group.
Canterbury Consulting was nationally recognized as one of the Best Places to Work in Money Management in 2021 by Pensions & Investments. The award marks the second year this program has recognized Canterbury for its employee engagement and workplace culture.
Canterbury Consulting, an independent investment advisory firm overseeing approximately $27 billion for foundations, endowments and families, has been named as one of the 2021 best places to work in Orange County by the Orange County Business Journal. This is the second consecutive year and third time Canterbury Consul…
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.
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, especial…
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…
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.
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…
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 sin…
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.
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, vo…
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…
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.
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 par…
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…
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 worl…
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.
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 g…
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 hoste…
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.
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…
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 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…
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…
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…
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 customize…
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…
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…
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…
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…
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…
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.
