Answering the ancient question: Does gold fight inflation or not?
March 20, 2023
“Quantitatively speaking, gold is a reliable hedge against inflation. In fact, it is the best hedge against inflation, with a correlation of 0.34 since 1900. Only commodity futures come close, with a correlation of 0.21,” said Phil Kosmala, managing partner at Taiko, a full-service OCIO for RIAs.
To explain gold’s disappointing performance in 2021 and 2022, Phil notes that different assets perform well with different types of inflation, like energy futures performing during cost-push inflation and industrial metals performing during demand-pull inflation. He also shares his confidence in gold over TIPS, noting their susceptibility to interest-rate moves, while also warning investors against cryptocurrency as an inflation hedge.
New Outsourced CIO Business Aims To Fill A Gap
December 13, 2022
The role of the outsourced chief investment office is an increasingly well-understood one. A new OCIO says that its expertise in areas such as private debt/equity, venture capital and infrastructure, gives it an edge and fills a skill set gap in the market.
A few weeks ago, Taiber Kosmala & Associates, an institutional investment consulting firm advising on more than $15 billion in client assets, launched Taiko – an outsourced chief investment office solution.
The offering is aimed at RIAs, advisory firms, broker dealers, and trust companies. And an important twist is Taiko’s expertise on sought-after private markets/alternative investment capabilities – hot areas because they offer superior returns to listed equities, as has been the case in 2022.
Taiber Kosmala Launches Taiko – A Bespoke OCIO Solution Designed for Financial Advisors
November 1, 2022
Taiber Kosmala & Associates, LLC, announced the launch of Taiko, a boutique, full-service OCIO solution built for RIAs, national advisory firms, broker dealers and trust companies. Combining the institutional research platform and consulting heritage of Taiber Kosmala with innovative, custom technology, Taiko provides growth-minded firms with bespoke institutional-grade investment portfolios, a personalized investment and operations back-office and an integrated technology stack.
Taiber Kosmala Appoints Dan Pazar, CFA to Investment Team
August 30, 2022
Taiber Kosmala and Associates, LLC, is pleased to announce the appointment of Dan Pazar, CFA, as Executive Vice President and senior member of the investment committee. Pazar’s consulting and research experience covers tactical and strategic asset allocation research, manager due diligence, risk-budgeting, and capital markets research.