In The News
Think Twice, Mnuchin Tells Prep Schools Seeking Virus Loans

The Treasury secretary ordered elite schools with “significant endowments” to return loans intended to help small businesses pay employees during the coronavirus pandemic. Some are resisting.

05.04.20
Consultant/OCIO/Discretionary
Southwestern University Selects New Consultant

A Southwestern university selected a new consultant to oversee and manage its endowment assets following a search initiated last year.

05.01.20
Searches And Hires
Western Conservation Program Seeks Investment Mgr. For Endowment Funds

A conservation program in the West is seeking a financial investment firm to manage and hold existing and future endowment funds.

05.01.20
In The News
Cash-Hungry Companies Reach For Lifeline In Convertible Bonds

Struggling companies desperate for cash during the coronavirus crisis are raising money in a way that hasn’t been this widely used since the 2008 recession: selling bonds that can convert into stocks.

04.30.20
In The News
T. Rowe Price's Profit, Assets Under Management Fall

T. Rowe Price Group Inc. profits fell by 33% in the first quarter as the Covid-19 pandemic swept across the world, disrupting economies and causing a massive selloff in the stock market.

04.28.20
People Moves
Northeastern University CIO Dies Of Cancer

The cio of a university in the Northeast died of cancer earlier this month.

04.26.20
Industry News
Midwestern Manager To Close

An investment manager based in the Midwest will close its business.

04.23.20
Announcements
Willis Towers Watson Adds Climate Specialist

Matt Scott has joined Willis Towers Watson as senior director of its climate and resilience hub, the firm announced.

04.23.20
Asset Study/Review
Southern Fund To Review A/A In Advance Of July Strategic Review

A Southern fund will review its asset allocation next month in advance of its July meeting, where a formal strategic asset allocation review will take place.

04.23.20
Surveys/Studies
Predicted Market Crisis, Rise In Risk Provoke Fund Buyer Shift Toward Alternatives: Survey

Investors were stressing the value of downside protection heading into 2020—so much so that they were willing to underperform their peers—as they anticipated a market crisis within one to three years, according to results of a late 2019 survey recently released.

04.23.20