The assumption that divestment can hurt the total return of an endowment is based on speculation, according to CJ Ryan, co-author of a recent research paper that found no discernible evidence that divestment of fossil fuels can negatively impact the total return of an endowment’s portfolio.
A Southern foundation will continue its place-based impact investing initiative in the future after completing the funding of its initial impact investment portfolio.
Nonprofits should focus on the purpose various alternative asset classes serve in their portfolio across market cycles as the unprecedented bull market continues into 2020, industry experts say.
A Midwestern university formed an endowment to help manage the proceeds of a public-private utility partnership transaction at its board meeting this month.