The board of governors and board of trustees of a university in the Northeast approved divesting its endowment from fossil fuel investments on March 9.
Three senior investment professionals have spun out of a Southern endowment to create a new private markets platform supporting new and developing investment managers.
A coalition of Canadian university endowments and pension plans has announced a new initiative to engage corporations on climate change to reduce climate-related risks in their investment portfolios.
Institutions should take a fresh look at financial and investment strategies to address challenges to their business models and maintain optimal asset allocations to meet a 7.5% historical return target, particularly in the face of a long-term era of muted returns, according to a recent study.