University of Missouri Adjusts Endowment, Pension Asset Allocation
Adjustments made to lower risk, and in anticipation of lower returns.
Adjustments made to lower risk, and in anticipation of lower returns.
Strong global stock markets boost $3.2 billion portfolio.
University fund reaches all-time high of $6.8 billion.
Investment gains reverse fortunes of last year’s 4.3% loss, as fund hits $2.4 billion.
Investment and endowment income, net of fees, jumps to $285.2 million from $22.2 million.
CEO/CIO Harris to renegotiate fees with endowment’s managers.
CEO says portfolio has ‘deep structural problems.’
College’s investment portfolio rebounds after losing 1.9% in 2016.
Foundation attributes strong gains to active management.
Blames regents for ‘policy flip flop’ and ‘political gamesmanship.’
NEPC survey finds responders more optimistic about US economy despite political uncertainty.
Fund cited active management as major contributor to strong returns.
Searches for niche opportunities within emerging markets.
Smith’s lawyer says she’s a ‘fall girl,’ and calls the firing a ‘cowardly failure.’