Artificial intelligence has impacted the investment landscape for endowments and foundations, presenting long-term upside and opportunity, but a wide array of outcomes may persist, according to a recent webinar.
The firm recently added a mid-Atlantic-based wealth and investment management firm with more than $1 billion in assets to function as its fifth location in the state.
The university approved a new investment policy statement for its endowment in the first quarter that includes a list of prohibited investments that do not align with its long-term risk, liquidity and governance framework.
Investing with a social impact lens often leads to creative ways for nonprofits to find investment opportunities and fulfil mission-related objectives, according to a recent conference in Philadelphia.
The university has placed a global equity manager on ‘hold’ due to portfolio manager departures and another global equity manager on ‘watch’ due to performance concerns.
The university is seeking an investment analyst to work closely with the investment team in all aspects of the investment process, including meeting with managers and evaluating opportunities.