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: University of Michigan
Research
NBER Study Reviews Corporate Governance Implications of Indexing
As passive fund assets totaled $5.743 trillion in the U.S. in 2021, academic research explores how passive funds employ investment stewardship.
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.
Risk
So What Is the Fed’s End Game on Rates?
Commonwealth’s McMillan thinks it has two half-point increases ahead, and that’s it.
Asset Allocation
University of Michigan Pledges to Become Net-Zero by 2050
The $12.5 billion endowment’s portfolio will immediately shift to sustainable assets and shun fossil fuels.
Newsmakers
Ken Fisher’s Lewd Comments Cost Him a Big Client
The State of Michigan Retirement Fund has severed ties with billionaire asset manager’s firm, yanking $600 million investment.
Risk
Michigan Endowment Dips Toe into Crypto Pool
University reveals $3 million investment in cryptonetwork fund.
Risk
Michigan Endowment Returns 10.7%
Board of regents approves new model portfolio for 2019 fiscal year.
Newsmakers
University of Michigan Responds to Endowment Conflict of Interest Reports
University hires PricewaterhouseCoopers to conduct internal audit.
Newsmakers
University of Michigan Endowment Returns 13.8%
Long-term portfolio assets rise to $10.9 billion from $9.7 billion.