Endowments & foundations
News and Video on Endowments & Foundations
Enterprise risk management needed in health care, Russell argues
trueOn top of all the other demands that non-profit hospital and health system executives juggle, enterprise risk management is an important but often overlooked part of constructing investment portfolios that should be added to the list, a research paper from Russell Investments says.
Private foundations report average 6.1% return in 2014 — report
truePrivate foundations returned an average of 6.1%, net of fees, for the year ended Dec. 31, well below the 15.6% average for the same period in 2013, the Council on Foundations and the Commonfund Institute reported Thursday.
University of California at San Francisco Foundation recruits first CIO
trueDavid Harkins was named the first chief investment officer for the University of California at San Francisco Foundation.
Indiana municipalities free to establish foundations
trueA new law in Indiana could turn into a windfall for money managers. The law gives municipal governments in the state the ability to fund foundations with proceeds of property sales.
Vanderbilt hires 3 investment managers for private, public markets
truePriti Mody, Matthew McGanity and Michael Billings were named investment managers at Vanderbilt University's office of investments.
University of Kentucky endowment looking for diversified inflation strategies
trueUniversity of Kentucky is searching for one or more firms to manage diversified inflation strategies for its $1.2 billion endowment.
BNY Mellon Master Trust Universe flat in quarter; corporate plans fall
trueThe median return of all plans in the BNY Mellon U.S. Master Trust Universe was nearly flat at -0.02% in the second quarter, down from 2.4% in the first quarter.
Iowa Board of Regents casts net for investment consultant
trueIowa Board of Regents is searching for an investment consultant.
Rising liabilities push U.S. corporate funded status down in July — 2 reports
trueThe funded status of U.S. corporate defined benefit plans fell in July because of rising liabilities, said reports from BNY Mellon and Wilshire Consulting.
TUCS funds dip in quarter
trueTrusts in the Wilshire Trust Universe Comparison Service returned a median -0.04% in the second of 2015, down from 2.13% the previous quarter, but outperforming the classic 60/40 portfolio of stocks and bonds for the second consecutive quarter, which returned -0.64%.
University of Edinburgh signs Kames for high yield
trueUniversity of Edinburgh Endowment Fund hired Kames Capital to run a £44 million ($68.2 million) global high-yield bond allocation.
InvestorForce universes down 0.16% in quarter
trueMSCI's InvestorForce Plan Universes had a median net return of -0.16% in the second quarter.
University of California CIO calls for more socially responsible investing
trueThe chief investment officer of the University of California System on Tuesday called for more endowments and foundations to embrace investing in initiatives to help reduce environmental effects from climate change and other socially responsible investments.
How needs changed for the Rockefeller Brothers Fund
trueThe $860 million Rockefeller Brothers Fund, New York, has used an outsourced CIO structure since 2007 after determining that running the portfolio internally was no longer a viable solution.
New best practice threshold for endowments, foundations
trueA few decades ago, endowments and foundations were rarely in the public spotlight for reasons other than their core mission. Now, they are in the glare — a harsh one, sometimes — of regulators, watchdogs, media and constituents.