Announcements
Larger endowments and foundations with greater than $1 billion in assets are enjoying better returns in aggregate than smaller institutions with less than $1 billion in assets as new research finds they can be attributed to a mix of asset allocation and manager selection decisions.
Foundations and endowments’ investment returns, primarily driven by the equity markets, rebounded in the second quarter but still lagged other institutional investors.
First Republic Investment Management has added six wealth managers to its New York office, the firm announced.
At least four prominent universities have provided responses to an inquiry from two congressmen about the diversity of their endowments.
Hire will oversee research and implementation of private debt strategies globally.
The unprecedented global pandemic has created uncertain market conditions with ongoing volatility that most financial professionals feel favors active investments, according to a new study.
The University Pension Plan Ontario (UPP) has named its inaugural president and ceo, according to an announcement.
A Mid-Atlantic university has selected the co-founder of a private equity manager as its board of trustees’ chairman.
A university in the Midwest disclosed follow-on investments to private equity, venture capital and public equity funds made between October and January.
Community foundations are increasing allocations to fossil fuel-free portfolios, but their overall socially responsible investment portfolios remain relatively minimal, according to a recent survey.
