Return of the Prudent Investor:
Why Endowment Funds Should Manage Risk as Well as Return
“The Trustees of endowed institutions are the guardians
of the future against the claims of the present.”
– James Tobin
Over the past ten years, a bull market has fostered growth in the size and reach of endowed institutions, leading to growing spending needs, but market conditions can turn on a dime. Is your institution prepared to weather the storm?
Gain insight into the benefits of an approach to non-profit investing designed to be all-weather & antifragile and a potentially smoother path to meeting your institution’s long-term objectives.