Forecasting Market Returns for Institutional Investors

How much are stocks and bonds going to appreciate over the next ten years? The answer to this question can impact your asset allocation decision, your institution’s spending policy, and even your retirement plans. In this three-part video series, the Research Team will discuss Haverford’s capital market assumptions, highlight observations on market expectations and forecasting, and address the potential pitfalls.

Tim Hoyle, CIO, Maxine Cuffe, Director of Global Strategies, and Halie O’Shea, Director of Equity Research, talk about the models Haverford uses to develop our equity return assumptions and how these assumptions translate to expectations for returns.

In Part 2 of this HaverCast series, Tim Hoyle, CIO, Maxine Cuffe, Director of Global Strategies, and Halie O’Shea, Director of Equity Research, explore some broad observations to consider as you integrate market forecasts into your long-term planning.

In the final installment of this HaverCast series, CIO Tim Hoyle addresses interest rates, equity risk premiums, and valuation multiples and explains how these factors could potentially impact our forecasting.