We expect California Carbon Allowances (CCAs) to recover from 2024 losses as clarity on supply reductions emerges. Meanwhile, impact private investment flows will favor strategies with faster distributions and commercial validation. Additionally, headwinds for private diverse manager allocations should ease, but the overhang of emerging funds may lead to consolidation or shutdowns, challenging managers. California […]
December 2024
Welcome to the Cambridge Associates 2023 Diversity, Equity, and Inclusion (DEI) report. We are proud of our commitment to DEI and excited to share our ongoing progress with you. We believe in the power of diverse voices to drive performance, recognizing that we create the best opportunity to deliver for our clients, our firm, and […]
May 2024
Portfolio diversification is fundamental to effective investment risk management. The term “diversification” traditionally includes asset classes, investment approaches, industry sectors, and geographies. But a vital and often-overlooked dimension of diversification is the people driving portfolio decision making. This dimension of diversification may be especially important in private markets because an asset manager’s deal sourcing is […]
March 2024
In this video, Jim Bailey, Cambridge Associates co-founder, reflects on how his upbringing led him to pioneer female diversity at a time when it wasn’t widespread in the investment industry. Today, diversity, equity and inclusion remains a core part of our culture. Currently, women represent more than 60% of our executive leadership team and more […]
August 2023
The Cambridge Associates 2022 Diversity, Equity, and Inclusion (DEI) Report articulates our commitment to corporate social responsibility.
March 2023
Investing can often feel like steering a ship through stormy seas, traversing risks seen and unseen. In recent years, the siren song of investment products that appear aligned with achieving genuine social and financial returns—but are merely designed to attract assets—is one such danger. And this trend, coupled with economic uncertainty, creates a perfect storm […]
March 2023
We expect meaningful shifts in net zero and other sustainable and impact strategies toward more impactful implementation approaches. In line with this, we expect allocations to diverse managers to rise, as greater numbers of investors embrace stated investment policy objectives. Approaches to Climate & Net Zero Shift from Window Dressing to Real Change in 2023 […]
December 2022
No. Adoption of policies like the Rooney Rule—a requirement to interview at least one woman or person of color candidate for leadership positions by many companies and institutions—has not substantially improved diversity among leadership ranks. Given this reality, we doubt such policies would encourage greater diversity among investment managers. These policies are not created to […]
March 2022