The CEO of a premier Indian business school's endowment fund explains how the fund is now in 'version 2.0' as it set its sights on bulking up its funding commitments, which should help to plot its investment strategy later on.
The endowments industry is growing rapidly and promises to become a high-growth industry, the chief executive of the endowment fund of India's top management school said.
With more Chinese universities receiving major donations from philanthropists and philanthropy organisations, experts emphasise the importance of effective endowment management.
The IIT-Delhi Endowment fund has ambitions to become a $1 billion fund over the next decade and hopes to adopt some of the best practices from the world's top university endowment models.
Varsity endowments are cutting back allocations to public markets in favour of private alternatives for higher yields, a trend that is expected to stay as inflation bites and stocks and bonds lose their allure.
GIC buys 40% stake in Oxford Science Park for $218 million; Hong Kong to scrap MPF's offsetting arrangement; Malaysia's EPF and Kwap increase stakes in Bursa Malaysia; Japan's endowment fund reveals only one fund manager has been hired; Thailand and China agree to look into cross-border initiatives between capital markets; and more
Asset Owner Intelligence will offer bespoke reports on Asia’s largest institutional investors, building on more than 15 years of award-winning reporting on the segment.
Investors with an allocation of 15% or more to private assets tend to achieve better overall performance, finds a study of endowments and foundations by Cambridge Associates.
Small, private institutions offer fund managers more potential than big asset owners due to their higher growth rates, but servicing them comes with its own obstacles.
After a few years of below-benchmark returns, hedge fund managers will need to ring up strong performance numbers in order to sustain investor inflows.
Like other consultants, Russell Investments is increasingly looking to provide services to the region’s wealth-management market, such as its OpenWorld funds platform.