A nonprofit in the Mid-Atlantic region has hired a discretionary advisor to provide investment management, advisory and reporting services for several of its short- and long-term investment pools.
Glenmede has appointed Linda Manfredonia as regional director of its Wilmington, Del. office and president and ceo of The Glenmede Trust Company of Delaware, the firm announced.
Nonprofits are cautiously optimistic that they will generate a return sufficient to cover inflation, distributions and investment costs over the next 10 years despite apprehensions related to the U.S. economic recovery and the performance of the U.S. stock market in the short term, according to a recent survey
Diversity is a top priority for community foundations within their investment portfolios and investment committees in the coming year, according to a recent survey.
A Canadian university recently committed capital to a global equity manager that invests in opportunities emerging from the transition to a more sustainable global economy.