Conference Coverage
Jamie Hunter has served as cfo and v.p. for operations, finance at the Ann Arbor Area Community Foundation since January 2017, overseeing the management of approximately $220 million in assets and 600 charitable endowed funds. He took the the time to answer five questions, plus a few extra, from FIN News.
Endowment boards need to have expectations as to how asset allocation and positioning is going to impact short-term results, an interim CIO at a university said, during a conference held in Miami this week.
The CIO said the comments to an audience of financial advisors at a conference held in Miami this week.
Group think, herd mentality and confirmation bias are three key behavioral issues that can impact investment committees, according to panelists during the Resilience: Creating the All-Weather Portfolio session.
Managing endowment and managing university spending should go hand-in-hand.
Lack of information stymies investor appetite for diverse investment strategies.
The alternative class will likely outperform public markets even in lower return environments.
Consequences of climate change and stranded assets must be incorporated into investment portfolios as a risk factor to protect against future downside dangers.
Foundations and endowments need to eliminate biases in their governance and investment processes to unlock more opportunities for women and minority investment managers.
Diversity and documentation represent two key factors for foundations looking to build out or fill seats on their investment committees and boards.