Asset Allocation
Wellesley Endowment Returns 7.8% in Fiscal 2024
Assets of the Massachusetts women’s college rose to nearly $3 billion at the end of June.
Tag: Endowment
Asset Allocation
Yale Endowment Achieves 5.6% Return in 2024 Fiscal Year
Assets managed by the university’s office of investments rose to $41.4 billion.
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.
Asset Allocation
Cornell Endowment Returns 8.7% for Fiscal 2024
Assets managed by the university’s Office of University Investments rose to $10.7 billion.
Asset Allocation
University of Pennsylvania Endowment Returns 7.1%
Assets of the fund increased to $22.3 billion as of June 30.
Asset Allocation
MIT Announces Endowment Performance, Returns 8.9% in Fiscal 2024
Assets managed by MITIMCo rose to $24.6 billion.
Asset Allocation
Stanford Investment Vehicle Returns 8.4%
In fiscal 2024, assets of the Stanford merged pool, about 75% of which come from the university’s endowment, rose to $42.8 billion.
Newsmakers
Caltech Hiring for Next CIO
Scott Richland, the California Institute of Technology’s current CIO, will step down in December after 14 years managing its endowment.
Asset Allocation
Duke Endowment Returns 8.0% in Fiscal 2024
Assets of the DUMAC rose to $11.9 billion at the end of June.
Asset Allocation
Columbia Endowment Achieves 11.5% Return in Fiscal 2024
In the latest rebound for an Ivy League pension, assets of Columbia’s endowment rose to $14.8 billion.
Newsmakers
Rice University Endowment CIO to Step Down
Allison Thacker will step down from the Rice Management Co. on September 30.
Asset Allocation
Active Investing Will Boost Endowment Growth Over Other Institutional Investors, Cerulli Forecasts
A new report projects endowment assets will grow 7.9% over the next five years, compared with 4.7% and 4.2%, respectively, for public and corporate defined benefit plans.
Asset Allocation
Macalester College Endowment to Outsource Investment Management
The school is shuttering its internal investment office and transferring its duties to management firm Investure.
Pensions
UC Investments Reaps Big Returns From Index Fund Shunning Fossil Fuels, Tobacco
Some $1.3 billion of the University of California’s $16 billion fiscal 2024 investment gain came from one S&P 500 index fund.
Newsmakers
Nomination Deadline Extended for 2024 CIO Industry Innovation Awards
Submit nominations by Aug. 21 for asset owners, asset managers and service providers that are changing the industry for the better.