A university in the South approved a new target asset allocation with increased allocations to global equity, private equity/venture capital and fixed-income and cash in the first quarter.
CPR Asset Management, the thematic equities arm of the largest European asset manager Amundi, has launched a fund dedicated to tackling social inequalities, adding to CPR AM’s €10 billion thematic equities range.
The Federal Reserve cut its benchmark rate by a half percentage point on Tuesday morning, delivering a booster shot to stem potential economic disruptions from the spreading coronavirus epidemic.
Activist investor Clifton S. Robbins is closing his firm, the latest high-profile veteran to exit the hedge-fund business. His motivation appears to be different from his rivals, however.
Historically black colleges and universities (HBCU), representing more than $2 billion in endowment assets, have the opportunity to raise awareness and bring change to the underrepresentation of diverse-owned investment managers in the approximately $70 trillion asset management industry, allocators and industry experts said.
David Swensen, Yale University’s chief investment officer, this week underscored the importance of environmental sustainability in the university’s investment choices.
As client portfolio manager for Des Moines, Iowa-based Principal Global Investors, Todd Kellenberger understands what good investments REITs can be. And in 2020? He expects a good year for REITs once again.
Colleges and universities generally aren’t happy about the endowment tax, but many are paying less than the tens of millions of dollars reported by the country’s wealthiest universities, a review finds.