Trends
The 25-member committee will provide advice and recommendations to the Treasury Department on ways to advance racial equity in the economy.
Endowments and foundations’ have seen substantial asset growth in recent years, “straining the system, including investment staff, IT, and various support functions,” but 71% of surveyed cios said they did not need to add more personnel.
Long-term real assets strategies like agriculture/farmland and timberland are beginning to garner renewed interest from institutional investors as inflation continues to impact the economy.
While asset allocations for private and community foundations generally change little from year-to-year, 2021 showed movement particularly among private foundations, according to a recent study.
Real estate commitments fell in the second quarter as rising interest rates and property pricing begin to impact sector.
Nonprofit institutions continue to have a strong interest in impact investments and are the most motivated among a broad group of investors to move from intention to action, according to a recent survey.
Only 13% of museums in the U.S. are engaged in impact investing, compared to 47% of college and university endowments and 51% of foundations.
Investment committees should enlist a sustainability specialist to provide expertise and open a dialogue between committee members.
The university has submitted a letter endorsing a proposed new environmental disclosure rule that aims to categorize certain types of ESG strategies broadly and require funds and advisers to provide more specific disclosures.
Letter was sent to colleges and universities including Harvard University, Yale University and Duke University, arguing that diversification in investment must not come at the expense of abetting human rights violations.