Asset Management Culture
Harvard Says It’s Not Planning Layoffs, But Offers Early Retirement Packages
Other cost-saving proposals at endowment champ: voluntarily reduce vacation time or work hours.
Tag: Investment Fund
Alternatives
Calvert Will Score Companies on ESG to Add to Its Funds
To make the grade for its separate accounts, companies must be in the top third for at least one sustainability metric.
Alternatives
ESG ETF Investing ‘Should At Least Double’ This Year, Says Industry Savant
Investor interest has jumped amid challenges in the coronavirus crisis and George Floyd protests.
Coronavirus - COVID-19
After Turning Down Stimulus, Northwestern Taps Endowment
The university will draw from its investments, furlough employees, and cut retirement contributions.
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.
Asset Allocation
BlackRock, While Predicting ‘Sharp’ Recovery, Is Building a Strong Cash Position
The $7.4 trillion asset manager sees cash as a guard against further shocks, leading a trend sweeping corporate America.
Asset Management Culture
BlackRock Commits $50M to Coronavirus Relief Efforts
The institutional investor joins firms such as JPMorgan in mobilizing around the relief effort.
Coronavirus - COVID-19
Ray Dalio Says US Corporations Will Lose $4 Trillion to Coronavirus
The amount of money needed globally could notch up to $12 trillion, he said.
Asset Management Culture
Flagship Bridgewater Fund Reportedly Tumbles 20% From Coronavirus
Founder Ray Dalio has admitted being taken by surprise by the economic impact.
Asset Allocation
BlackRock Changes Global Outlook Due to Coronavirus
The world’s largest asset manager said it’s reducing cyclical exposures to global assets, such as emerging markets and Japan.
Alternatives
Georgia Senate Passes Bill to Allow Teachers’ Pension to Invest in Alts
$78.9 billion pension fund would be permitted to invest as much as 5% of portfolio in alternatives.
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.
Market Moves
Ray Dalio Says China Virus’ Market Impact Will Be Minimal
The effect of the outbreak has been ‘exaggerated,’ hedge fund honcho declares.
Asset Allocation
Massive UK Pension to Cut Its External Hedge Fund Portfolio in Half
The Universities Superannuation Scheme intends to utilize its in-house investment team over managers.
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.