Asset Study/Review
The plan will review allocation options in June after receiving educations at its board meeting yesterday.
University is planning to divest its three investment portfolios from fossil fuels by 2030.
Plan will hear preliminary results of an annual asset/liability study next month and make recommendations for any changes to the portfolio in June.
A fund in the South will review the asset allocation of its portfolio in June as part of its policy to review the strategy every two years.
Plan will seek one core firm and one core-plus bond manager to split a proposed long-term target of 24% to the overall asset class.
The plan made changes to its private risk assets and safe assets buckets at a meeting this week.
The plan is set to discuss potential changes to its strategic asset allocation, including decreasing private equity and traditional credit.
Recommendation to increase fund’s private equity target allocation will follow a review of its asset allocation later this year after receiving a review of its private equity portfolio in the first quarter.
University on track to divest its endowment of all private investments in fossil fuel companies over the next thirteen years, according to a new report.
Fund is reviewing a request to consider a potential hedging program for its exposure to oil made at its board meeting last week due to the commodity’s volatility.
