Marshall: Public markets drive most institutional returns for the first seven years
Ana Marshall · Ana Marshall – The Climb to Investment Excellence (EP.360) · Jan 8, 2024 · at 20:07
Ana Marshall, Chief Investment Officer of the William and Flora Hewlett Foundation, discusses portfolio construction priorities for newly formed or transitioning institutional asset allocations.
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“I would say at the early stages, having really strong public equity and hedge fund, Expertise is really important because that's where most of the assets are going to live. You can dream about getting into venture funds and buyout funds and all of that, but most of your portfolio return is going to be generated by the public part of your portfolio for at least the first seven years.”
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