Risk
Swarthmore Endowment Will Not Divest from Fossil Fuels
Board of managers upholds 1991 policy to seek financial results, not social objectives.
Tag: Endowments
Minimizing the Endowment Tax
Goldman Sachs offers strategies universities can use to reduce the effect of the new endowment tax.
Newsmakers
Harvard Overseer Resigns over Fossil Fuel Investments
Kat Taylor accuses $37.1 billion endowment of funding ‘pernicious activities.’
Newsmakers
University of Michigan Responds to Endowment Conflict of Interest Reports
University hires PricewaterhouseCoopers to conduct internal audit.
Newsmakers
University of Louisville Sues Former President over Endowment Losses
James Ramsey, four others are accused of enriching themselves while depleting the endowment.
Regulation
Swarthmore Students Vote to End Ethical Investing Ban
Referendum calls for social objectives to be factored into investment decisions.
Endowment Index Declines 0.36% in Q1
Tracking portfolio reverses last year’s gains after surging in January.
Asset Allocation
UC’s Bachher Indicates De-risking of Commodities Portfolio in Near Term
CIO also made it clear there will be no new investments in oil and gas-related commodity funds.
Endowments and Foundations Eye Positive Economy, Emerging Markets
NEPC survey finds geopolitical tension among biggest concerns.
NACUBO Taps TIAA for Annual Endowment Study
Previous sponsor to provide complementary research.
Newsmakers
Harvard Alumni Call for New Investment Strategy
Members of the class of 1969 want the $37.1 billion endowment to be more passive.
Regulation
Endowment Tax Hits Harvard’s Investment Strategy
Dean says university will refrain from making long-term commitments due to 1.4% excise tax.
NACUBO: Endowments Returned 12.2%
But 10-year average annual dips to 4.6%.
Corporate Moves
What Lured Pellegrino?
Recruiters say Pellegrino’s choice demonstrates a trend in more crossover CIO hires.