Larger endowments — which tend to invest more in private equity and venture capital — didn’t do as well as smaller ones that stuck to investment basics.
Companies aren’t required to share data on their greenhouse gas emissions, which makes it hard for investors to evaluate their own progress toward net-zero portfolios.
As President Obama pressures colleges to limit tuition increases, could colleges with wealthy endowments use some of that money to offset the rising cost of higher education?
Even elite universities like Harvard, with a $32 billion endowment, are reducing expenses. Among the cuts? Faculty subscriptions to academic journals that can cost $40,000 a year.
