Asset Study/Review
The plan will review an asset allocation study that may introduce two new sub-asset classes next month.
A university on the West Coast approved convening a committee to investigate a proposal to divest its endowment of fossil fuels and reinvest in more environmentally sustainable assets at its board meeting earlier this month.
The plan, which lost previous CIO Seth Kelly in June, appointed a permanent replacement at today’s meeting.
A university based in the Midwest has adjusted its endowment asset allocation targets.
A college savings in a Southern state recently added a money market fund to replace a deposit account option.
A fund in the South approved new long-term strategic asset allocations for its endowments and intermediate term fund at its June board meeting.
A university based in the Midwest has adjusted the target asset allocation of one of its pools to a more conservative approach at its board meeting last month.
The plan’s board voted to retain NEPC as its investment consultant after its investment committee was deadlocked on a decision.
A university system in the West will review and discuss the current management structure of its endowment as well as other potential management options at its meeting next week.
An institution in the Mid-Atlantic region approved a new target asset allocation for its investment portfolio and added three new managers at its meeting last month.
