Dartmouth Taps Wealth Manager Ruth to Run $4.5 Billion Endowment
Alice Ruth was investing chief at Willett Advisors in New York; CIO Pamela Peedin is stepping down in April after six years.
Harvard Endowment to Outsource Most Management, Cut Jobs
About half of 230 employees will depart fund, the school says, as new CEO Narv Narvekar makes sweeping changes.
Factor Investing and Risk: The Anomaly of Low Volatility
To understand the volatility anomaly, it is important that investors understand what economists have learned about the factors that are responsible for stock returns.
Harvard Raises Record $1.2B, but Slow Returns Crimp Budget
Fundraising total is second-largest ever in higher education; “more restraint on spending will be called for,” school says.
Wall Street Redoubles Fight to Manage $100 Billion of Endowments
Helping endowments manage their investments has grown into an almost $100 billion business that’s attracted stiff competition from banks, consultants and boutiques.