Marquette Associates Login People Expertise Services Research About Contact People Home › Tom Salemy, CFA, CAIA Tom Salemy, CFA, CAIA Managing Director Tom Salemy is a managing director for Marquette Associates and serves on the firm’s executive committee. An owner of the firm, Tom has been with the company since 2011. He serves as the primary investment consultant on several client relationships. Tom is a member of the firm’s healthcare committee, endowment & foundation services committee, wealth advisement committee, and defined contribution services committee. Prior to joining Marquette, Tom worked at both Eaton Vance Management and First Trust Portfolios. He began his career as a structured products analyst at State Street Global Markets. Tom holds a B.A. in economics from Colby College. He is a CFA charterholder and member of the CFA Society of Chicago and is also a Chartered Alternative Investment Analyst. Tom is a member of the Guild Board of Boys & Girls Clubs of Chicago. AREAS OF FOCUS Healthcare Endowments & Foundations Defined Contribution Consulting Private Client Consulting RELATED CONTENT 01.11.2017 Marquette Adds Two New Partners, Reorganizes Research Team CHICAGO, January 11, 2017 – Marquette Associates, Inc. today announced the election of two new managing partners, as well as… Read the full article > 05.22.2013 2013 Marquette Investment Symposium Friday, September 13, 2013 — 8:00 AM – 2:00 PM Marquette clients – Please join us to discuss the current market environment,… Read the full article > 06.04.2012 Nonprofit Investment Symposium Friday, September 14, 2012 – 8:00 AM – 2:00 PM Nonprofit clients – Please join us for a discussion… Read the full article > 03.05.2014 | Tom Salemy, CFA, CAIA Emerging Market Debt Due to risks, uncertainty, and overall lack of credit quality, institutional investors have not historically included emerging market debt (“EMD”)… Read the full article > 02.07.2014 | Tom Salemy, CFA, CAIA The Fragile Five Given the continued poor performance of emerging market (“EM”) investments, this week’s chart examines the structural issues challenging a number… Read the full article > 02.06.2014 | Tom Salemy, CFA, CAIA Emerging Markets: A Crisis of Confidence After a disappointing 2013 and a significant sell-off to begin 2014, many investors are questioning their ongoing allocations to emerging… Read the full article > 01.21.2014 2014 Market Preview Similar to previous years, we present our annual market preview newsletter. Each year presents new challenges to our clients, and… Read the full article > 11.21.2013 | Tom Salemy, CFA, CAIA Eurozone Valuations Outpace GDP Growth This week’s Chart of the Week examines GDP growth and valuation levels in the eurozone. The chart above depicts eurozone… Read the full article > 09.13.2013 Stress Test and Spending Policies for Endowments & Foundations In this presentation from our 2013 Investment Symposium, we analyze different spending policy options for non-profit institutions,… Read the full article > 07.02.2013 | Tom Salemy, CFA, CAIA Health Care Borrowing Costs This week’s chart compares non-profit health care organizations’ (“HCOs”) cost of debt versus their size. The chart illustrates the financial… Read the full article > 02.21.2013 | Tom Salemy, CFA, CAIA Rising Gold Prices Fail to Benefit Gold Mining Companies This week’s Chart of the Week compares gold prices to the MSCI ACWI Select Gold Miners Index. Typically, most investors… Read the full article > 01.22.2013 2013 Market Preview In the following articles, we will take a closer look at critical issues for each asset class in 2013. Each… Read the full article > 12.19.2012 | Tom Salemy, CFA, CAIA Global Equity Position Paper As economies and capital markets become increasingly more integrated, interest in global equity investing has soared over the past few… Read the full article > 11.14.2012 | Tom Salemy, CFA, CAIA Investors Leave Emerging Markets Behind This week’s Chart of the Week highlights the relative underperformance of emerging market stocks compared to other “risky” asset classes…. Read the full article > 08.08.2012 | Tom Salemy, CFA, CAIA The Ongoing Debt Challenge in Europe This week’s Chart of the Week highlights the euro area’s ongoing debt problem. As the chart above shows, through the… Read the full article > 07.30.2012 | Tom Salemy, CFA, CAIA Global Bonds Position Paper The following paper examines global equity as an asset class, focusing on justifications and concerns for investing globally rather than… Read the full article > 06.19.2012 | Tom Salemy, CFA, CAIA Emerging Market Small-Cap Stocks: What’s the Story? By now, most investors are familiar with emerging market stocks and their benefits to overall portfolio performance. Favorable demographics, urbanization,… Read the full article > 04.11.2012 | Tom Salemy, CFA, CAIA Trends in Tax Revenues This week’s chart shows trends in tax revenues, indexed to 2007, for a group of ten selected countries (based on… Read the full article > 03.14.2012 | Tom Salemy, CFA, CAIA Update on Europe As the threat of sovereign defaults and subsequent contagion in the eurozone persists, international leaders have continued to work towards… Read the full article > 01.13.2012 | Tom Salemy, CFA, CAIA Correlation Doesn’t Tell the Whole Story This week’s Chart of the Week covers increased correlations among asset classes. Correlation is a statistical measure showing how two… Read the full article > 01.11.2012 2012 Market Preview Reflecting back on 2011 does not elicit a lot of warm and fuzzy feelings. News highlights include a downgrade to the… Read the full article > 11.04.2011 | Tom Salemy, CFA, CAIA Update on European Markets In light of the seemingly non-stop news about the debt of Greece and its fellow PIIGS1 countries, the following article… Read the full article > Subscribe to Research Email Alerts Subscribe © 2021 Marquette Associates. All Rights Reserved. Terms of Use Privacy Policy & Disclosure Documents Environmental Policy Chicago 180 North LaSalle Street Suite 3500 Chicago, Illinois 60601 Tel: 312.527.5500 Fax: 312.527.9064 Baltimore 1312 Bellona Avenue Suite 300 Lutherville, Maryland 21093 Tel: 410.825.0444 Fax: 410.825.1777 Milwaukee 735 N. Water Street Suite 1440 Milwaukee, WI 53202 Tel: 414.209.3290 Philadelphia 600 Willowbrook Lane Suite 610 West Chester, PA 19382 Tel: 610.719.0300 Fax: 610.719.8345 St. Louis 12412 Powerscourt Drive Suite 240 St. Louis, Missouri 63131 Tel: 314.822.4444 Fax: 314.822.4401