Long-Term U.S. Endowment Returns Rise Despite 2019 Dip: Study

The returns for U.S. endowments dipped in 2019 but rose for the 10-year period ending June 30 as the remnants of the financial crisis continued to fade into the past, according to the 2019 NACUBO-TIAA Study of Endowments.

Industry News
Southern Fund Deputy CIO Joins Real Estate Manager

The deputy cio of a Southern-based fund has joined a real estate manager.

Industry News
Investment Consulting Firms Merging

Two investment consulting firms will merge with a combined $180 billion in assets under advisement.

Industry News
Wealth Manager Names Business Development Executive V.P.

A global wealth manager has appointed an executive v.p.

MRI/Social Investments
New Investment Fund Targets Minority-Owned Businesses

A new investment fund will support minority-owned businesses in a Midwestern state.

Industry News
Investment Firm Promotes Three Staff

A private investment firm has announced the promotion of three staff members.

Industry News
Wealth Manager Snags Mgmt. Team From Financial Firm

A wealth management firm has brought on former employees from a financial firm and opened a new company.

Industry News
Ivy League Management Company CEO Retiring

The ceo of an Ivy-League management company will retire later this year.

Industry News
Asset Manager Names New Partner

An asset management firm has elected a new partner at the firm.

People Moves
Mid-Atlantic Firm Names Client Portfolio Strategist

A Mid-Atlantic-based firm named a chief portfolio strategist for its outsourced cio team.