Well-meaning investors heeding the rising call to buy “sustainable” stocks might not think of emerging markets first.

Five percent of USC’s endowment funds fossil fuel investments, the Investment Office confirmed to the Daily Trojan Thursday.

Pension funds and endowments have been the backbone of the hedge fund industry for much of the past decade. But many of these institutional investors are now turning away from the $3tn-in-assets sector, dismayed by high fees and relatively lacklustre returns.

Knights of Columbus Asset Advisors, announced that it has launched the first Catholic All Cap U.S. Index Fund (I Shares ticker: KCXIX) within the Catholic Investor Fund Family.

A college in the Northeast is searching for investment directors to assist in the oversight and management of its endowment.

The Harvard Management Company adjusted its natural resource portfolio this week by purchasing a minority stake in produce company Westfalia Fruit International and selling its investments in two Australian farms.