Matt Pierce presents at RADA conference March 30, 2015

Matt Pierce will be speaking on the affect of pension fund distribution rates on an asset allocation policy at the March 30, 2015 conference sponsored by the Retirement Administrators and Designers of America at Sea Island, Georgia. The topic covers the appropriate asset allocation portfolio given fixed rate distributions from a permanent endowment.

If an endowment is seeking to preserve capital permanently but must spend a portion of its endowment every year, how much should it spend, and how should it construct its investment portfolio?

We discuss how different distribution policies affect the long term balance of the endowment and how portfolio construction can help achieve the endowment’s permanent goals given a desired rate of disbursement.

For a copy of the presentation or the white paper associated with the study, please contact Matt Pierce at Island Light Capital.

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