The average amount for investment-related expenses incurred by foundations, including the likes of investment management fees and employee compensation, decreased over the course of one year, according to a recent report.
The continued presence of the Omicron variant of COVID-19 has left the institutional investment industry with decisions on how to address a return to offices, in-person meetings and physical conferences in early 2022.
The reliance on alternative investments led investors and allocators to pinpoint small, niche private equity managers, short-trading hedge funds and global private debt funds as key areas to capitalize on with the goal of yielding outsized returns.
The recommendations address transparency, disclosure, fiduciary duty, political contributions and investigating discrimination complaints in the asset management industry.
A foundation based in Chicago will divest its investment portfolio from fossil fuel industries and invest more in renewable energy to mitigate the effects of global climate change.