The university moved its endowment toward private equity, U.S. equity, global equity and hedge funds, as part of a new investment policy statement approved at its November meeting.
The revised international equity portfolio structure shifts the allocation closer to its MSCI All Country World Index ex USA benchmark and increases active management to 70% from approximately 40%.
Proposed structure would shift the allocation closer to its MSCI All Country World Index ex USA benchmark and increase active management to 70% from approximately 40%.