College and university endowments posted “dramatically higher” investment returns in fiscal year 2021, however, the institutions foresee inflation as a longer-term issue posing as a challenge to meet return targets, according to a recent study.
The plan will look to commit up to $50 million to infrastructure managers either through existing relationships, MWDBE managers or through a search for products in the market.
The new guidelines are part of broader recommendations from an investment group focused on climate change to help asset owners to build a ‘net-zero’ portfolio.