Asset Management Culture
Too Rich to Need It? Top Colleges Back Away from US Virus Money
Harvard, Penn, Yale act after Trump administration says subsidies should go to less wealthy institutions.
Tag: college
Asset Management Culture
At Ivy League Endowments, Performance Dragged Down by Managers’ Picks
Private equity had a good year, but individual selections of stocks and other assets hobbled overall showing, report says.
Asset Allocation
Harvard Faculty Divestment Vote Unlikely to Sway Endowment
The university’s management firm has resisted pressure to divest its $41 billion portfolio from fossil fuels.
Alternatives
Pushing for New Donors, Columbia Is Building a Climate School
The university made sweeping commitments to sustainability, including a carbon neutral pledge for 2050 and the appointment of a chief climate officer.
Asset Allocation
Georgetown Is Latest University Pledging to Unload Fossil Fuels—Someday
The Jesuit school said it will get rid of energy stocks over 10 years.
How Smaller Endowments, Shut Out of Razzle-Dazzle Investments, Make Do
They usually aren’t wealthy enough to land high-powered private equity or hedge fund investments. So they turn elsewhere.
Risk
University Endowments Gain 5.3% in 2019
However, the average 10-year return beat long-term objectives for the first time in a decade.