Asset Allocation
University of Michigan Endowment Returns 8.93% in Fiscal 2024
The university’s investment portfolio grew by $1.3 billion during the year, reaching $19.2 billion.
Tag: Cambridge Associates
Manager Selection
Neuberger Berman Names Jeff Blazek as Co-CIO for Multi-Asset Strategies
The investment management veteran comes from Cambridge Associates.
Market Moves
What Will Challenge Investment Returns in 2024?
There are factors to watch that could derail or boost the markets this year.
Corporate Moves
Cambridge Associates Reaches Minority Investment Target, Sets New Goal
After hitting its goal of making 10% of investments with diverse managers, the investment firm aims for 15% by 2025.
Research
Diverse Manager Net Flows Expected to Remain Positive in 2023
With less than 2% of global assets invested with women or people of color, many asset owners are seeking to be more intentional about allocating with diverse managers, says Cambridge Associates research.
Asset Allocation
Asset Managers See Further Potential in Private Credit Market
Amidst market uncertainty imposed by the pandemic and interest-rate hikes, portfolios have thrived in private credit; both CalSTRS and the CAIA Association hosted asset managers to discuss the asset class.
Asset Allocation
Stocks and Bonds Should Come Back in 2023, Says Cambridge Associates
The consulting firm explains why, even with a recession, it will pay to overweight equities.
Asset Allocation
Renewable Energy Powers Michigan Endowment to Robust 2.2% Return
CIO credits renewable fuel and sustainable energy investments for outperforming the average by 870 basis points.
Asset Allocation
Stanford University’s Endowment Loses 4.2% in Fiscal 2022
Total assets under management decline to $40.1 billion from $41.9 billion in fiscal 2021.
Newsmakers
Directors Guild Pension Hires USC’s Edgar Smith to be First CIO
Smith, a hedge fund and U.S. equity expert, has been a critical part of the University of Southern California’s endowment.
Despite Headwinds, Institutions See Opportunities
Private market returns have come down off the highs, but institutional investors are keeping the faith.
Asset Management Culture
Tufts Names Craig Smith as Next CIO
The investing veteran has been interim chief since Sally Dungan’s death a year ago.
Index-Besotted Institutions Miss Out on Good Deal: Stock Pickers
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.
Asset Allocation
Stanford, Princeton Endowments Return 5.6% Each in 2020
The New Jersey school ends the year among the bottom half of Ivy League endowments.
Market Moves
Pension Investing Strategies for a W-Shaped Recovery
If this is the calm between the storms, plan sponsors should consider adjusting their tactics.