Will US Allocators Stay the Course on Chinese Investments?
China’s drawbacks are prompting some hard thinking among American institutions, but the country’s allure remains potent.
Tag: UTIMCO
3 Fund Chieftains Explain Why Oil Prices Will Keep Rising
To Britt Harris, Marcus Frampton, and Sean Bill, big forces are aligned to buoy energy costs for a while.
Newsmakers
Britt Harris and UTIMCO’s Next CIO Rich Hall Discuss Plans for the Endowment’s New Era
The CEO and CIO are planning for a secular change ahead.
Newsmakers
Britt Harris: Millennials Are Defined by Enduring Tough Economic Times
Gen Y folks are five years behind Baby Boomers financially at a comparable age, renowned UTIMCO chief laments.
Asset Allocation
Texas, MIT Endowments See Strong Gains; Illinois, Missouri Post Weak Returns
Texas, MIT return 9.5% and 8.3%, respectively, while Illinois loses 2.5% and Missouri gains 1.15%.
Pensions
Texas TRS Names Heather Traeger General Counsel
Former general counsel Carolina de Onís has moved to UTIMCO.
Corporate Moves
Ex-UTIMCO Chief Bruce Zimmerman is CIO of Ray Dalio’s Family Office
Texas endowment’s former head had been member of various boards since 2016 exit.
Allocators in Emerging Markets Find Big Outperformance in Small Packages
Smaller, specialized investments in managers and opportunities is a pathway to outperformance in emerging markets.
Newsmakers
Warren Buffet Tells Pensions and Endowments to Cut Management Fees
Wizard of Omaha has slipped in some subtle advice for funds in Berkshire’s annual letter.
Newsmakers
Britt Harris, Texas Endowment to Review Investments in ‘Scrutinized Entities’
Compliance procedures expanded to include companies at risk of being sanctioned by US.
Two UTIMCO Key Funds See 1.4% Second Quarter Return
The Texas endowment's Permanent University and Long Term funds post gains of 5.8% over a 10-year period.
Corporate Moves
University of Texas Hires Director for New Hedge Fund Portfolio
Anthony Caruso will run the new stable value section after hedge operations were split in two.
Asset Allocation
Britt Harris, UTIMCO Nab Harvard’s Head of PE
Rich Hall, who left Texas Teachers’ for Harvard, returns to Texas to join UTIMCO as deputy CIO. Harris says, "There are no near term plans to alter the endowment’s basic asset allocation at this time."
Newsmakers
UTIMCO Freezes Private Equity Expansion
CEO/CIO Harris to renegotiate fees with endowment’s managers.
Jerry Albright to Replace Britt Harris as TRS CIO
Board elevates interim appointee to full-time position.