Rick Tyson joined wealth advisory and investment management firm Fiduciary Trust as v.p. and investment officer on Sept. 16, Spokeswoman Emily Stoermer said, in an e-mail.
James C. Donnelly Jr. has joined Rockland Trust as v.p. and commercial financial consultant for its Investment Management Group, according to an announcement.
For the 12 months ending June 30, 2019, Stanford Management Company generated a 6.5 percent investment return, net of all internal and external costs and fees, but gross of the newly levied tax on certain endowments.
I am pleased to report that as we closed fiscal year 2019. the Total Endowment achieved top-quartile performance relative to other endowments, returning 7.3 percent for the fiscal year ending June 30, 2019.
With its investment portfolio benefiting from a strong performance distributed access asset classes, Brown University’s endowment significantly outperformed its benchmarks with a 12.4% return during Fiscal Year 2019.