Endowments typically invest countercyclically by decreasing active risky allocations during the run-up to a crisis, such as the Global Financial Crisis, and then increasing these allocations as risky asset prices fall following the start of a crisis, new research shows.
The treasurer of a university in the Midwest left the institution last week and will soon join a university in the Northeast as its next treasurer following a search from earlier this year.
A Southwestern state treasurer’s office has assumed oversight and administration responsibilities of the state’s 529 plan following passage of a senate bill.
Private and community foundations posted their best returns of the decade in 2019, a year in which “just about everything worked,” according to a new study.