Asset Management Culture
Ivy League Endowments Underperform 60-40 Portfolio Again
Average university returns fall short of a passive portfolio over one- and 10-year periods.
Tag: Endowment
Asset Allocation
Stanford, Princeton Endowments Return 5.6% Each in 2020
The New Jersey school ends the year among the bottom half of Ivy League endowments.
Asset Management Culture
University Endowments Urged to Hold on to Private Commitments
For allocators, keeping a long-term investment horizon in the face of immediate challenges is key, NEPC says.
Asset Management Culture
Harvard Endowment CEO Goes from ‘Not Pleased’ to ‘Proud’
Three years into his five-year transition plan, Narv Narvekar says the ‘signs are encouraging.’
Asset Management Culture
Former FEG Chief Executive Scott Harsh Takes Consulting Job at NEPC
He’s coming out of retirement to help the firm expand its presence in the Southeast and Midwest.
Asset Management Culture
Penn, Cornell Lag Behind Other Ivy League Endowments
The Pennsylvania and New York schools returned 3.4% and 1.9%, respectively, in 2020.
Asset Management Culture
Harvard Spins Off Natural Resources Team
Solum Partners will be led by former Harvard Management Company division chief Colin Butterfield.
Market Moves
Brown’s Endowment Is Killing It
Portfolio returns over 12% for fourth straight year. Dartmouth’s earns 7.6% in 2020.
Asset Allocation
Yale Endowment Returns 6.8%, Duke’s Shrinks by $100 Million
The Ivy school again produces strong returns, as the North Carolina university’s long-term pool gains only 0.7%.
Asset Management Culture
Harvard’s Endowment Returns 7.3% for the 2020 Fiscal Year
The university cautioned the strong returns may not be enough to blunt the financial impact of the pandemic.
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
Public Funds Lead Institutional Investment Rebound
Funds with significant exposure to equities outperformed during the second quarter.
Asset Allocation
Study: Endowments Have Underperformed Passive Portfolios for 58 Years
New research finds a 60/40 passive benchmark has outperformed the average endowment over nearly six decades.
Research
Increased Investor Risk Appetite Spurs Endowment Index Q2 Rebound
Index jumps 15.40% after plunging more than 20% during the first quarter.
Should Universities Spend More From Their Endowments?
It’s the first question during a crisis. Given unprecedented disruption, some schools are starting to increase payouts from their troves.