Snider: Kresge Had a Heavy Small-Cap Value Bias and Missed Large-Cap Growth
Donna Snider · Donna Snider – Inside the Investment Process at the Kresge Foundation (Capital Allocators, EP.84) · Jan 28, 2019 · at 31:14
Donna Snider, Managing Director at the Kresge Foundation, discusses institutional portfolio misallocations and manager evaluation over the prior decade.
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“We will all admit that in our portfolio we have a huge bias towards small cap value. And that has not been in favor for 10 years. So there is a piece of that that is on us that we missed. We didn't put large cap growth in the portfolio. We didn't.”
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