Morgan Creek's Mark Yusko: How to survive the "Age of Financial Repression"
Mark Yusko, founder and CEO of Morgan Creek Capital Management, shares his perspective on how institutional investors make money during gloomy economic times at Thomson Reuters' PartnerConnect East 2013 conference in Boston in April 2013. . If you invested $10 million in U.S. Treasuries seven years ago, you could expect an annual return of $480,000, but today you see a return of just $24,000 a year, Yusko said. . “In this age of financial repression, we have to think differently about how we invest,” said Yusko, whose speach was entitled “Surving the Age of Financial Repression.” . Yusko founded Morgan Creek in 2004 to provide investment management and advisory services to institutional partners and family offices. Today, the firm has about $8 billion in assets under advisement. It invests across all asset classes and strategies, from traditional equities and fixed income to alternatives, such as hedge funds, private equity, real estate and venture capital. . Prior to founding Morgan Creek, Yusko served as chief investment officer for the University of North Carolina at Chapel Hill from 1998 to 2004. Before UNC, he was senior investment director for the University of Notre Dame Investment Office. . Video date: April 2013
