In The News

In The News
Missing from Harvard’s Annual Endowment Report This Year: Underlying Data

In 2016, Harvard had bad news to share in its annual financial report: Its endowment value had dropped nearly $2 billion. The report, released that November, detailed the endowment’s lackluster returns by disclosing how the Harvard Management Company performed in a variety of asset categories against internal and external benchmarks.

11.10.22
In The News
Why Johns Hopkins University's Endowment Declined By $1 Billion

Johns Hopkins University’s endowment woes are not unusual. Endowments across the country lost a median 10.2% of their value, according to a national study.

10.26.22
In The News
Z2 Investment Management Brings Flexible Capital To The Lower Middle Market

Z2 will make direct investments in mostly private companies with a targeted investment size between $10 million and $100 million per company.

10.24.22
In The News
ESG Adoption Slow Among DC Plans

One factor hindering ESG’s adoption is the lack of ESG-focused target-date funds, though several firms are starting to introduce them.

10.21.22
In The News
ESG Scoring 'Unfairly Punishing' Emerging Economies

The dual outcomes of saving the world and generating excess returns has been made harder to deliver because of ESG scoring in emerging markets a senior Aegon portfolio manager has said.

10.21.22
In The News
Financial Services Firm TIAA Faces Academic Backlash Over Energy Holdings

Climate-minded academics called on a United Nations-backed group to sanction financial services firm TIAA unless it improves its environmental record, highlighting the divide between nonprofits moving away from fossil fuels and big investors sticking with oil and gas stocks.

10.20.22
In The News
This U.S. Pension Plan Faces A Bigger Crisis Than The U.K.’s

But Fitch says an immediate U.S. panic is “unlikely.”

10.19.22
In The News
Currency Chaos: Fluctuations Could Present Buying Opportunity For PE

U.S. dollar-denominated private equity funds may be in a position to make outsized returns as other currencies depreciate.

10.19.22
In The News
NYC Comptroller Introduces New Transparency Dashboard To View Pension Fund Assets And Performance

New York City Comptroller Brad Lander unveiled today a new interactive website that allows pension beneficiaries and the public to view asset allocation and performance for the City’s five public pension funds which guarantee retirement security for city workers.

10.19.22
In The News
Missouri Pension Fund Pulls Out Of BlackRock, Citing ‘A Woke Political Agenda’

Missouri state treasurer Scott Fitzpatrick announced Tuesday that the state employees pension fund had pulled all its equity holdings managed by BlackRock Inc.

10.19.22