Richard Ennis

Independent

http://richardmennis.com/

SCHOLARLY PAPERS

22

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Rank 17,105

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Top 17,105

in Total Papers Downloads

6,267

TOTAL CITATIONS

7

Scholarly Papers (22)

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1.

The Demise of Alternative Investments

Forthcoming in Journal of Portfolio Management
Number of pages: 21 Posted: 04 Mar 2025 Last Revised: 15 Apr 2025
Richard Ennis
Independent
Downloads 1,707 (22,800)

Abstract:

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Public Pension Funds, Endowments, Institutional Investors, Asset Allocation, Alternatives, Private Equity, Private Real Estate, Hedge Funds, Performance, Performance Benchmarking, Benchmarks, Market Efficiency, Alternative Investments, Diversification, Active Management, Costs, Fees

2.

How to Improve Institutional Fund Performance

Number of pages: 13 Posted: 11 Apr 2021 Last Revised: 20 Jul 2021
Richard Ennis
Independent
Downloads 1,627 (24,410)

Abstract:

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Public Pension Funds, Endowment Funds, Investment Performance, Alternatives, Institutional Investors, Asset Allocation, Performance Benchmarking

3.

Cost, Performance, and Benchmark Bias of Public Pension Funds in the United States: An Unflattering Portrait

Number of pages: 19 Posted: 12 Jul 2021
Richard Ennis
Independent
Downloads 1,320 (33,357)
Citation 4

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Public Pension Funds, Investment Performance, Alternatives, Institutional Investors, Costs, Performance Benchmarking

4.

Alternative Investing: The Fairy Tale And The Future

Number of pages: 11 Posted: 26 Sep 2021
Richard Ennis
Independent
Downloads 524 (116,313)
Citation 1

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Endowments, Asset Allocation, Alternatives, Investing, Private Public Funds, Institutional Investors, Private Equity, Hedge Funds

5.

Second-Guessing CalSTRS on Investment Strategy: A Case Study

Number of pages: 8 Posted: 19 Apr 2024
Richard Ennis
Independent
Downloads 321 (203,976)

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CalSTRS, Performance Benchmarking, Asset Allocation, Alternative Investments, Private Equity, Private Real Estate, Hedge Funds, Private Assets, Opportunistic

6.

The Long-Run Performance of Public Pension Funds in the US

Number of pages: 9 Posted: 30 May 2024
Richard Ennis
Independent
Downloads 257 (257,257)

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Public Pension Funds, Asset Allocation, Performance Benchmarking, Alternatives, Private Equity, Private Real Estate, Hedge Funds, Benchmarking, Benchmarks, Market Efficiency, Alternative Investments, Diversification, Active Management, Costs, Fees.

7.

Pulling Back the Curtain on Public Pension Fund Performance

Number of pages: 11 Posted: 01 Apr 2022
Richard Ennis
Independent
Downloads 138 (452,263)

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Public Pension Funds, Investments, Alternative Investments, Private Equity, Investment Performance, Benchmarking, Alternatives

8.

Elusive Alpha, Corrosive Cost

Number of pages: 3 Posted: 08 Jan 2025 Last Revised: 15 Feb 2025
Richard Ennis
Independent
Downloads 113 (528,777)

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Public Pension Funds, Endowments, Institutional Investors, Asset Allocation, Alternatives, Private Equity, Private Real Estate, Hedge Funds, Performance, Performance Benchmarking, Benchmarks, Market Efficiency, Alternative Investments, Diversification, Active Management, Costs, Fees

9.

The Endowment Syndrome: Why Elite Funds Are Falling Behind

Number of pages: 5 Posted: 23 Jan 2025
Richard Ennis
Independent
Downloads 109 (543,074)
Citation 2

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Endowments, Institutional Investors, Public Pension Funds, Asset Allocation, Alternatives, Private Equity, Private Real Estate, Hedge Funds, Performance, Performance Benchmarking, Benchmarks, Market Efficiency, Alternative Investments, Diversification, Active Management, Costs, Fees

10.

Are Institutional Investors Meeting Their Goals? Spotlight on Earnings Objectives

Number of pages: 6 Posted: 13 Dec 2024
Richard Ennis
Independent
Downloads 76 (694,227)

Abstract:

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Public Pension Funds, Endowments, Institutional Investors, Asset Allocation, Alternatives, Private Equity, Private Real Estate, Hedge Funds, Performance, Performance Benchmarking, Benchmarks, Market Efficiency, Alternative Investments, Diversification, Active Management, Costs, Fees

11.

Hedge Funds: A Poor Choice for Most Long-Term Investors

Number of pages: 8 Posted: 13 Dec 2024
Richard Ennis
Independent
Downloads 75 (694,227)

Abstract:

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Public Pension Funds, Endowments, Institutional Investors, Asset Allocation, Alternatives, Hedge Funds, Private Equity, Private Real Estate, Performance, Performance Benchmarking, Benchmarking, Market Efficiency, Alternative Investments, Diversification, Active Management, Fees, Costs

12.

How Hidden Costs Undermine Public Pensions in the US

Posted: 07 May 2024
Richard Ennis
Independent

Abstract:

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Public Pension Funds, Asset Allocation, Performance Benchmarking, Alternatives, Private Equity, Private Real Estate, Hedge Funds, Benchmarking, Benchmarks, Market Efficiency, Alternative Investments, Diversification, Active Management, Costs, Fees

13.

Unexceptional Endowment Performance

Posted: 16 Apr 2024
Richard Ennis
Independent

Abstract:

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Endowments, Pension Funds, Institutional Investors, Asset Allocation, Alternatives, Private Equity, Private Real Estate, Hedge Funds, Fees, Investment Performance, Expense Ratio, Benchmarking, Risk, Great Financial Crisis (GFC)

14.

Hogwarts Finance

Posted: 13 Dec 2023
Richard Ennis
Independent

Abstract:

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15.

Endowments in the Casino: Even the Whales Lose at the Alts Table

Posted: 27 Oct 2023
Richard Ennis
Independent

Abstract:

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Endowments, Pension Funds, Institutional Investors, Asset Allocation, Alternatives, Private Equity, Private Real Estate, Hedge Funds, Fees, Investment Performance, Expense Ratio, Benchmarking, Risk

16.

Have Alternative Investments Helped or Hurt?

The Journal of Investing, February 2024, 33 (2) 8-16 DOI: 10.3905/joi.2024.1.301
Posted: 09 Aug 2023 Last Revised: 11 Apr 2024
Richard Ennis
Independent

Abstract:

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17.

Excellence Gone Missing

The Journal of Investing, January 2024, 33 (1) 7-11 DOI: 10.3905/joi.2023.1.288
Posted: 13 May 2023 Last Revised: 11 Apr 2024
Richard Ennis
Independent

Abstract:

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Institutional Investors, Public Pension Funds, Endowments, Foundations, Nonprofits,Asset Allocation, Performance Benchmarking, Alternatives, Private Equity, Private Real Estate, Benchmarking, Benchmarks, Market Efficiency, Alternative Investments, Diversification, Active Management, Costs, Fees, GFC

18.

Disentangling Investment Policy and Investment Strategy for Better Governance

The Journal of Investing, October 2023, 32 (6) 6-14 DOI: 10.3905/joi.2023.1.279
Posted: 04 Jan 2023 Last Revised: 11 Apr 2024
Richard Ennis
Independent

Abstract:

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Institutional Investors, Pension Funds, Endowments, Foundations, Investment Consultants, CIO, OCIO, Outsourcing, Investment Strategy, Investment Policy Statement, Board of Trustees

19.

Lies, Damn Lies and Benchmarks: An Injunction for Trustees

The Journal of Investing, July 2023, 32 (4) 6-16 DOI: 10.3905/joi.2023.1.266
Posted: 31 Oct 2022 Last Revised: 11 Apr 2024
Richard Ennis
Independent

Abstract:

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Public Pension Funds, Endowments, Asset Allocation, Performance Benchmarking, Alternatives, Institutional Investing, Costs, Benchmarks, Mutual Funds

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Public Pension Funds, Investment, Portfolio Performance, Benchmarking, Alternatives, Alternative Investments, Asset Allocation, Investment Expenses, Investment Costs, Performance Benchmarks

21.

Are Endowment Managers Better Than the Rest?

The Journal of Investing, October 2022, 31 (6) 7-12 DOI: 10.3905/joi.2022.1.232
Posted: 29 Apr 2022
Richard Ennis
Independent

Abstract:

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Endowments, Pension Funds, Institutional Investor, Asset Allocation, Investment Performance, Expense Ratio, Benchmarking, Risk

22.

The Modern Endowment Story: A Ubiquitous United States Equity Factor

The Journal of Portfolio Management, November 2022, 49 (1) 107-117 (DOI: 10.3905/jpm.2022.1.402)
Posted: 18 Nov 2021 Last Revised: 28 Mar 2024
Richard Ennis
Independent

Abstract:

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Endowment Funds, Investment Performance, Alternatives, Institutional Investors, Asset Allocation, Performance Benchmarking