In The News

In The News
Q&A with Jane Dietze

A question and answer with Brown University CIO Jane Dietze on the institution’s endowment, divestment and ethical investing.

In The News
Why Culture Is Key for Small Christian University’s Endowment

Active management is key to Baylor’s endowment, which has become a top performer among universities. But investment chief David Morehead and managing director Renee Hanna, who run the endowment’s public and private investments, respectively, say cultural factors can’t be overlooked.

In The News
The Small University Endowment That Is Beating the Ivy League

Baylor University has traded its way to the top of the university endowment performance rankings. Many universities allocate their money among different assets and adjust periodically. Baylor, led by a former trader, seizes on market moves frequently to boost or cut exposure to its managers.

In The News
AIMCO Opens New York Office

The Alberta Investment Management Corporation (AIMCo) today announced that it has further expanded its global footprint by opening an office in New York.

In The News
Harvard Slashes Healthcare Investments, Tech Rises to 98% of Portfolio

The Harvard Management Company increased its direct holdings of Alphabet and Meta and continued its major sell off of biopharma holdings — which now make up less than 1 percent of the portfolio — during the last three months of 2023.

In The News
The Dive: William Buster's abrupt exit from the New Hanover Community Endowment

WHQR’s Ben Schachtman sits down with The Assembly’s Johanna Still to talk about a surprising exit from the president of the New Hanover Community Endowment, the Endowment’s silence, and what’s behind it.

In The News
Met Opera Taps Its Endowment Again to Weather Downturn

The company has withdrawn nearly $40 million in additional funds from its endowment to cover expenses, but sees signs it may be emerging from its post-pandemic woes.

Daily Feed
Tennessee Sues BlackRock

 On Monday, Tennessee Attorney General Jonathan Skrmetti filed the first-of-its-kind consumer protection lawsuit against the world’s largest asset manager, BlackRock Inc. Tennessee’s complaint alleges that Blackrock made false or misleading representations to current and potential Tennessee consumers about the extent to which Environmental, Social, and Governance (ESG) considerations affect BlackRock’s investment strategies,

In The News
State bill calls for taxing wealthy private colleges with endowments over $1B

A group of local college students, along with a handful of Massachusetts lawmakers, are advocating to tax nearly a dozen elite Massachusetts colleges and universities, whose multibillion-dollar endowments they say should fund early and higher education opportunities for students beyond these campuses.

In The News
Retired State Worker Sues Oklahoma State Treasurer

A retired state employee is suing Oklahoma’s treasurer, arguing that his enforcement of a new law is harming his pension.

Former Oklahoma Public Employee Association President Don Keenan filed the lawsuit in Oklahoma County District Court on Monday. It seeks to stop a law prohibiting the state from doing business with companies believed to be hostile to the oil and gas industry. Keenan’s lawsuit asks the court to find Oklahoma’s Energy Discrimination Elimination Act unconstitutional.