The leaders ousted for fostering a toxic workplace at the Silicon Valley Community Foundation walked away with tens of thousands of dollars in severance pay, tax filings show, revealing the cost of a scandal that rocked the nation’s largest charitable organization of its kind.

The assumption that divestment can hurt the total return of an endowment is based on speculation, according to CJ Ryan, co-author of a recent research paper that found no discernible evidence that divestment of fossil fuels can negatively impact the total return of an endowment’s portfolio.

A Southern community college has issued an RFP seeking an investment advisor to provide non-discretionary portfolio management services.

BlackRock, the world’s largest investor, has joined an influential pressure group calling for the biggest polluters to reduce their emissions, after criticisms that it was undermining action addressing the climate crisis.

Local government pension schemes in Britain pulled money out of hedge funds last year, shifting cash to infrastructure projects such as wind farms and to private equity, a Reuters analysis of annual reports shows.

It is becoming increasingly hard to break into the $4.3 trillion market for exchange-traded funds.