University endowments are committed to reducing carbon emissions in their portfolios, many with the goal of reaching net-zero by the year 2050, according to a recent webinar.
Two U.S. Representatives sent letters to 25 universities to express their concerns about the lack of diversity among asset managers of their endowments.
The $397 billion California Public Employees’ Retirement System has announced a preliminary 4.7% net return for the fiscal year period ending June 30.