53 min
The Value Perspective with Jim Dunn The Value Perspective
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- Investing
In this episode of Allocator’s Edge on the Value Perspective we’re joined by Jim Dunn. Jim is the CEO of Verger Capital Management and has been with the firm since 2014. Prior to this Jim was Vice-President and Chief Investment Officer at Wake Forest University, responsible for investment of the University’s endowment, working capital and life income assets. Verger caught our eye because they are an outsourced chief investment officer (OCIO) that exclusively serves non-profits including educational institutions, non-profit healthcare and community and cultural foundations. Verger was created by Jim at the Wake Forest University Office of Investments as a spin-off OCIO to serve other endowments and their client base has continued to grow ever since. We sat down with Jim to discuss: Verger’s fascinating history; how inflation impacts endowment economics; their 3P mantra – Protect, Perform and Provide; asset allocation based on reverse optimisation; his thoughts on volatility and liquidity inside an endowment mandate; and finally, how do you make sure you have the right decision-making environment. Enjoy!
NEW EPISODES:
We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.
GET IN TOUCH:
send us a tweet: @TheValueTeam
Important information. This podcast is for investment professionals only.
Marketing material for Financial Professionals and Professional Clients only. The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations. Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions.
Past Performance is not a guide to future performance and may not be repeated. Diversification cannot ensure profits or protect against loss of principal. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested.
Exchange rate changes may cause the value of investments to fall as well as rise. Investing in emerging markets and securities with limited liquidity can expose investors to greater risk. Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments. This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised.
Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds. Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.
Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.
In this episode of Allocator’s Edge on the Value Perspective we’re joined by Jim Dunn. Jim is the CEO of Verger Capital Management and has been with the firm since 2014. Prior to this Jim was Vice-President and Chief Investment Officer at Wake Forest University, responsible for investment of the University’s endowment, working capital and life income assets. Verger caught our eye because they are an outsourced chief investment officer (OCIO) that exclusively serves non-profits including educational institutions, non-profit healthcare and community and cultural foundations. Verger was created by Jim at the Wake Forest University Office of Investments as a spin-off OCIO to serve other endowments and their client base has continued to grow ever since. We sat down with Jim to discuss: Verger’s fascinating history; how inflation impacts endowment economics; their 3P mantra – Protect, Perform and Provide; asset allocation based on reverse optimisation; his thoughts on volatility and liquidity inside an endowment mandate; and finally, how do you make sure you have the right decision-making environment. Enjoy!
NEW EPISODES:
We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.
GET IN TOUCH:
send us a tweet: @TheValueTeam
Important information. This podcast is for investment professionals only.
Marketing material for Financial Professionals and Professional Clients only. The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations. Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions.
Past Performance is not a guide to future performance and may not be repeated. Diversification cannot ensure profits or protect against loss of principal. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested.
Exchange rate changes may cause the value of investments to fall as well as rise. Investing in emerging markets and securities with limited liquidity can expose investors to greater risk. Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments. This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised.
Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds. Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.
Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.
53 min