An updated study from the Knight Foundation shows assets managed by women- and minority-owned firms remains virtually the same as 10 years ago despite no difference in performance.
A college based in the Mid-Atlantic region is shedding its private exposures to fossil fuel holdings within its endowment over the next 12 to 24 months.
The National Action Network recently sent letters to two higher education institutions asking them to report and break out granular data on the diversity of their collective $40 billion in endowment assets as it looks to tackle the issue of utilization of diverse-owned asset management firms.
Many endowments plan to increase their allocations to diverse-owned managers and make ESG and impact investing a priority next year, according to a new survey.