Asset Study/Review
Institutions should take a fresh look at financial and investment strategies to address challenges to their business models and maintain optimal asset allocations to meet a 7.5% historical return target, particularly in the face of a long-term era of muted returns, according to a recent study.
A foundation in the Mid-Atlantic region expanded its asset allocation range for real assets and increased its range for alternatives or non-traditional assets as part of changes to its investment policy statement last year.
A university based in the Midwest is considering changes to its asset allocation targets.
The plan made minor increases to equity at the expense of fixed-income at its meeting yesterday.
A university in New England has updated its investment policy to prohibit direct investments in coal and tar sands companies and launched an impact investment initiative.
A fund based in the West received a global equity portfolio structure analysis from its general investment consultant last month.
A university based in the Midwest has revised its asset allocation, increasing allocations to alternative assets at the expense of bonds and commodities.
A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.
The plan added a new asset class after receiving an updated asset class assumption report.
A university in the Northeast will not directly invest in publicly traded oil and gas companies “for the foreseeable future” as part of adjustments to its investment policy approved last month.
