Investment consultants are recommending institutions focus on shoring up their immediate needs and maintaining the status quo in the short-term while preparing to be able to capitalize on upcoming investment opportunities the coronavirus pandemic will provide long-term investors.
The returns for U.S. endowments dipped in 2019 but rose for the 10-year period ending June 30 as the remnants of the financial crisis continued to fade into the past, according to the 2019 NACUBO-TIAA Study of Endowments.
The assumption that divestment can hurt the total return of an endowment is based on speculation, according to CJ Ryan, co-author of a recent research paper that found no discernible evidence that divestment of fossil fuels can negatively impact the total return of an endowment’s portfolio.
Investment consulting firm RVK has launched a new specialty practice that will provide investment program reviews to investors looking to identify the optimal structure for their investment programs, the firm announced.
Approximately 40 institutions will be affected by last year’s approved excise tax on net investment income of private colleges and universities, according to proposed regulations from the Internal Revenue Service.