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The $34.9 billion State of Connecticut Retirement Plans & Trust Funds is in the process of updating its emerging manager program, State Treasurer Shawn Wooden said, in a statement.
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.
A panel of experts on diverse asset managers called on the agency to require data on diversity to be disclosed in order to further efforts on increasing inclusion in the institutional marketplace.
Explore investment strategies in the era of COVID as well as social justice challenges.
The Investment Diversity Exchange (TIDE) is hosting its inaugural virtual conference for leaders and decision-makers in the investment industry.
