Sustainability, diversity and inclusion and innovation are the three largest drivers for investment success moving forward, according to investment consultant NEPC.
A college in the Northeast will begin the immediate phaseout of all current investments with fossil fuel-specific managers in its endowment and will exclude all future investments with fossil fuel-specific managers.
The National Association of College and University Business Officers (NACUBO) “is keenly focused on the importance of diversity in asset management positions, as well as diversity in the business officer profession as a whole,” according to a letter from President and CEO Susan Whealler Johnston in response to a letter from six members of Congress that requested the association take a closer look at diversity in endowment management.
Pension plans are beginning to dump Master Limited Partnerships (MLPs) after losing patience with an asset class that largely has not lived up to expectations.
Declining investment management fees across certain asset classes provides one way for investors to obtain better value for their money, according to a study from bfinance.
Performance-based compensation continues to be a key component of pay for investment staff at private foundations and university endowments, according to a recent study.
Foundations and endowments need to eliminate biases in their governance and investment processes to unlock more opportunities for women and minority investment managers.