Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 100 results for "Endowment fund"

Stanford slashes costs to save endowment

RUTH LIEW  |  MONDAY, 9 MAR 2009
The $27 billion Stanford University endowment fund has slashed and frozen salaries, trimmed staff numbers and tightened its budget as its portfolio shrinks by 25 per cent. In a recent media statement, Stanford said it planned to cut close to $156 million ...

Innovators, imitators and idiots

ALEX DUNNIN  |  MONDAY, 24 NOV 2008
Yale Endowment wannabes trying to emulate their heroes with high exposures to timber products pushed up prices to 30 times pre-tax cash flow, setting them up for big falls in 2009. The frenzy, reported by Barron's, a newsletter published by the Wall ...

Future Fund posts 1.81pc first quarter loss

MICHAEL HOBBS  |  TUESDAY, 21 OCT 2008
... allocation and BlackRock Investment Management manages its overlay strategies. The $6.3 billion Higher Education Endowment Fund returned 1.77 per cent for the quarter and 6.84 per cent since inception in September 2007. The fund's mandate restricts investments ...

Future Fund is $652m richer

MICHELLE BALTAZAR  |  FRIDAY, 29 AUG 2008
... - more of the same or something different?', And we are going to be different." Meanwhile, the Higher Education Endowment Fund (HEEF), which the Future Fund board also manages, returned 4.99 per cent since September last year. The fund's two billion ...

QIC favours endowment funds

RUTH LIEW  |  WEDNESDAY, 13 AUG 2008
The $80 billion QIC has poured $570 million into US endowment-style fund manager Global Endowment Fund - marking QIC's continued interest in the sector. GEM, led by ex-Duke Endowment CIO Stephanie Lynch and former Duke University Management chief executive ...

Hedge funds turn insto

RUTH LIEW  |  FRIDAY, 25 JUL 2008
The global hedge fund space is undergoing a period of radical change as large hedge funds become institutionalised, new research shows. According to international strategy consultancy Celent, large hedge funds are undergoing institutionalisation as ...

Back to school on finance

... Manhattan Bank chief executive David Rockefeller, who has pledged more than $100 million to Harvard University's endowment fund, the largest donation from a past student in the university's history. Michelle Baltazar

130/30 demand drops

RUTH LIEW  |  FRIDAY, 2 MAY 2008
US investor interest in 130/30 equity strategies have noticeably waned in the six month period by the end of March - a reversal of a trend that pervaded for the most part of the last two years. Figures from US-based Pensions & Investments indicated ...

Philanthropy gets a boost at GSJBW

RUTH LIEW  |  TUESDAY, 22 JAN 2008
... financial planning, estate planning, and intergenerational wealth transfer objectives. The firm also has a charitable endowment fund designed to help investors establish an endowment for charitable organisations that they wish to support. "There's definitely ...

Exposure to alternatives raises risks

MICHAEL HOBBS  |  FRIDAY, 12 OCT 2007
In the wake of significant market corrections, Russell Investment Group has warned investors and super funds that a high allocation to alternative illiquid assets can pose additional risks to their portfolio. Geoff Warren, head of capital markets research ...