Donor-advised funds are major players in the charity world. These are foundation funds managed by an outside organization (often a community foundation), but the person who donates the money chooses what charities will receive the money. The National Philanthropic Trust reported on the results of these funds last year, and the news was good. Assets… [Read More]
Blog
Category: Hedge Funds
Paying for College: The 2012 NACUBO-Commonfund Study of Endowments
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]
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]
There is no secret ingredient.
This photo shows a Taoist temple on Qingcheng Mountain, the birthplace of Po the Kung-Fu Panda. Kung-Fu Panda is big here in Chengdu, since Po is a native son, and I’m told that he is typical of people of Chengdu: friendly, loves to eat, interested in peace and not war. Ever since I saw the… [Read More]
Dummies in a Day Giveaway
My publisher, the wise people at Wiley, have a new e-book line called Dummies in a Day. To promote them, they are holding a $500 giveaway. I don’t have ebooks included, as I’m not sure I have any topics that could be learned in a day. But while you are over at Dummies.com, you could… [Read More]