Asset Allocation
Yale Endowment Gains 0.8%, Duke, Cornell Post Small Losses in 2022
Yale CIO sees ‘challenging times ahead’ due to rising interest rates, inflation, and geopolitics.
The university targeted 90 companies active in thermal coal or tar sands segments of the fossil fuel industry.
Replacement sought for former Brandeis CIO Nick Warren, who left in March to join Glenmede Trust.
Investment portfolios see sharp reversal from last year’s record returns.
Panel members cite ‘friction’ between ousted CIO David Holmgren and the medical organization’s management.
However, Pitchbook warns that growth from alternative investments ‘could be more mirage than oasis.’