Endowment portfolio

March’s core business, investing in industry participations, is complemented by an endowment-like investment portfolio. The endowment portfolio consists of a wide range of investments which are diversified across asset classes as well as geographical markets. Its composition is designed to add market diversification, current income and liquidity. The endowment portfolio includes publicly traded equity and fixed income securities in the major global markets as well as private equity, hedge funds, real estate and other alternative assets.