Endowments & foundations
News and Video on Endowments & Foundations
Texas Woman's University wants manager for endowment fund
trueTexas Woman's University is searching for an investment manager for its $12.8 million endowment.
University of Illinois Foundation taps new president, CEO
trueJames H. Moore Jr. was named president and CEO of the University of Illinois Foundation, Urbana, effective July 1.
Northern Trust: Corporate pension funds record top performance for fourth straight quarter
trueInstitutional asset owners in the Northern Trust Universe returned a median 2.3% in the first quarter of 2015, the company announced on Tuesday.
University of Maine drops Cube Capital for hedge fund of funds
trueUniversity of Maine System, Bangor, terminated hedge fund-of-funds manager Cube Capital, which managed $15 million for the system's $271 million managed investment pool of six endowment funds and $1.7 million for the system's $40 million defined benefit plan.
Good returns offer foundations breathing room
truePrivate foundations are enjoying several years of good returns for their investment portfolios, allowing them to focus more on the things that other institutions do, such as diversifying their investments and looking at outsourcing.
Foundations increase impact investing
trueExecutives at private foundations are spending more time thinking about ways to advance their missions through their investments.
Complex investing makes outsourcing top priority for foundations
trueConsultants have long played a role in helping private foundations invest their assets, with 77% of organizations with $500 million or more in assets using them, according to a 2013 Council on Foundations-Commonfund study, the most recent data available.
Largest foundations by the numbers
trueLearn about the investments of foundations and see a list of the 10 largest foundations.
Commonfund study: Only one-quarter of endowments practice responsible investing
trueA new survey of 200 U.S. endowment funds found that just 26.5% have formally adopted responsible investment practices that incorporate at least one of four investment principles: socially responsible; environmental, social and governance; impact; and divestment from fossil fuels.
Mercer's OCIO business hires CIO for endowments and foundations
trueKenneth Shimberg was named U.S. endowment and foundations chief investment officer for outsourced CIO services at Mercer Investments, spokeswoman Alayna Francis said.
University of Louisville Foundation trustee calls for independent audit
trueA University of Louisville (Ky.) Foundation trustee has requested an independent audit of the foundation and university over staff compensation and governance concerns.
Hamilton College appoints new CIO
trueAnne Dinneen was named chief investment officer at Hamilton College.
SSgA: Investors continue to pour money into equities despite market correction concerns
trueFunding pressures are pushing institutional investors to allocate increasing chunks of their portfolios to developed markets and emerging markets equities, despite expectations of a market correction in the near term.
University of California's head of hedge funds leaving
trueLynda Choi, the University of California's managing director and head of hedge funds, is leaving her position.
Institutional use of ETFs due to grow next year
trueSome 34% of officials at defined benefit plans, foundations and endowments say they use ETFs or ETNs, and of those, one-quarter plan to increase their usage, a new Pensions & Investments survey shows.