The annual NACUBO-Commonfund report on college and university endowment values is out. The value of each endowment includes the effect of investment returns, spending, and donations through June 2012, and, on average, it was negative: the average endowment posted a return of -0.3 percent (net of fees) for the year, a decline from the 19.2 average… [Read More]
Blog
The Next Best Thing To Being There
Skype beeped, and my son answered. I looked at him and was not impressed. “Put a shirt on,” I said. “You look like some creepy guy who lives at his mother’s house and spends all day online.” “Um, I’m 14, so I have to live at my mother’s house,” he said. “I just woke up.”… [Read More]
The AIMA Road Map to Hedge Funds
The Alternative Investment Management Association, which represents hedge fund managers and operates the Chartered Alternative Investment Analyst program, has put together an updated guide to the state of the hedge fund industry. It’s useful information, maybe with a little bias in favor of hedge funds, but still. If you’re looking for something a little current… [Read More]
Paying for College: Paying for the Athletic Department
The lovely and talented John Warner writes that coach’s salaries should be part of the higher education discussion. At the same time, the Chicago Public Schools have suspended two coaches for bad behavior during a game that ended with a shooting in the parking lot afterward. I’m a believer in sports for kids and adults…. [Read More]
Is 2013 the Year of Social Investing?
I’ve been receiving a lot of press releases from different socially responsible money managers and research firms, filled with lots of enthusiasm about the new year. And you know what? I think they are on to something, and here’s why: First, the stock market in general is up. That will bring in some investors who… [Read More]
