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.
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.
The COVID-19 pandemic has not slowed down meetings despite the majority of asset managers not expecting to reopen offices until 2021 as firms continue to adapt to a virtual work-from-home environment, according to a new survey.
Immediate stresses brought on by COVID-19 challenged colleges and universities and made them realize the potential impact on their operations and liquidity longer-term, according to new research.
Larger endowments and foundations with greater than $1 billion in assets are enjoying better returns in aggregate than smaller institutions with less than $1 billion in assets as new research finds they can be attributed to a mix of asset allocation and manager selection decisions.
Foundations and endowments’ investment returns, primarily driven by the equity markets, rebounded in the second quarter but still lagged other institutional investors.