Institutional investor incorporation of ESG into investment decision-making processes was down year-over-year, however, foundations and endowments integrated ESG at the highest rate, according to a recent survey.
The managers are looking to drive continued inflows and be better positioned for the future through their performance, product development and regulatory compliance.
The university has promoted a senior portfolio manager to managing director following a search for the position after its previous managing director retired.
The firm has signed an agreement to purchase a registered investment advisor, which will increase the assets it oversees to approximately $17 billion and expand its West Coast presence.