A university in New England has updated its investment policy to prohibit direct investments in coal and tar sands companies and launched an impact investment initiative.
A university based in the Midwest has revised its asset allocation, increasing allocations to alternative assets at the expense of bonds and commodities.
A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.
A university in the Northeast will not directly invest in publicly traded oil and gas companies “for the foreseeable future” as part of adjustments to its investment policy approved last month.