News
News from the Emerging Manager space.
The COVID-19 pandemic has had an impact on virtually every aspect of life and internships were not spared, but financial services firm Penserra stepped in last month to help.
The National Conference on Public Employee Retirement Systems and the National Association of Investment Companies have entered into a strategic relationship to bolster the use of diverse asset managers within the public pension fund space.
Investment consultant Verus has published a paper encouraging a broader consideration of diversity at asset management firms to focus on investment team composition.
Meketa Investment Group Managing Principal and Co-Director of Public Markets Research Brandon Col?n recently discussed challenges and opportunities that clients are currently facing as a result of the pandemic during a June 24 webinar hosted by financial services network StoneX.
Georgetown University released its initial report exploring the diversity of the external managers associated with its approximately $1.8 billion endowment last month, as first reported by EMM sister publication Nonprofit News.
While much of the focus since March has centered on how U.S. markets are handling COVID-19 and how federal and state leaders are addressing public health, the virus is a global pandemic that has left global equity and non-U.S. equity managers navigating uncharted territory.
At least four prominent universities have provided responses to two congressmen’s inquiry about the diversity of their endowments.
The public markets had a strong rebound in the second quarter after a staggering drop at the end of the first quarter, helping ease concerns among managers and institutions, according to the latest EMM quarterly performance rankings.
There are currently 25 women and/or minority executives at the top 100 U.S. defined benefit pension plans, versus 38 at the top 100 U.S. nonprofits, up from 23 and 36, respectively, in 2019, according to data compiled by Emerging Manager Monthly.
Jacob Walthour, ceo and co-founder of African American-owned hedge fund-of-funds Blueprint Capital Advisors discusses the recent lawsuit he filed against the New Jersey State Treasury for racial bias.
