Is your investment committee prepared?
At Commonfund, we are having important discussions with clients on their preparedness for the next financial crisis. For example, we are working with clients to develop a road map, or “crisis playbook,” designed to help chart what decisions clients need to make during the next crisis.
For our clients, there are two types of crises they must prepare for:
- a market event causing significant losses in portfolio value,
- and an event specific to the organization, such as steep decline in a key revenue source (tuition, as an example).
In a worst case scenario, these two events can be correlated, which makes understanding their interplay so critical in navigating the storm.
Are you interested in learning more about how a crisis playbook can serve as a roadmap to your institution? For more information, fill in your details to have someone from Commonfund contact you.