Industry News
Only 13% of museums in the U.S. are engaged in impact investing, compared to 47% of college and university endowments and 51% of foundations.
The investment director is leaving on July 29 to join the defined benefit plan as its next cio.
The Endowment Index, calculated by Nasdaq OMX, underperformed a global portfolio of 60% stocks and 40% bonds, which fell 12.64% over the same period.
Investment committees should enlist a sustainability specialist to provide expertise and open a dialogue between committee members.
The institution elected nine full-term members and three life members to its board of trustees.
The university has submitted a letter endorsing a proposed new environmental disclosure rule that aims to categorize certain types of ESG strategies broadly and require funds and advisers to provide more specific disclosures.
The firm has partnered with a female-led registered investment adviser to solidify its dedication to supporting and promoting women in the industry, while building upon its growth.
The college hired a new v.p. for administration and finance and cfo at the end of June as its previous finance head was set to retire.
The college hired a v.p. of finance and cfo to oversee its finances and endowment last month following a search from the first quarter.
The firm hired a portfolio manager to support the expansion of its sustainable multi-asset offering.
