Community Foundation Doubles Up on Diverse Managers

The $13.5 billion Silicon Valley Community Foundation (SVCF) has more than doubled the number of diverse managers it has been using, since 2013, from three up to 14, Senior Vice President of Investments Bert Feuss told Institutional Allocator. “My hope is that other institutional investors, particularly university endowments and pensions, will see that greater asset …

Wilshire Associates Hires Two Executives

Wilshire Associates, an investment consultant firm, has hired Suehyun Kim and Rebekah Chow to the team at Wilshire Funds Management. Kim joins as vice president of Wilshire Associates and portfolio manager at Wilshire Funds Management, based in Santa Monica. She will be responsible for creating multi-asset class and multi-manager investment solutions for financial intermediary clients.  …

Saudi EMI Inclusion Already a Boon to Country-Focused Investors

The announcement at the end of June of the upcoming addition of Saudi Arabia to the MSCI Emerging Market (EM) Index was not only a win for Saudi Arabian companies, but also a win for investors who took advantage of the news to invest in BlackRock’s Saudi Arabia ETF (KSA)—which is up 17% year to date, …

E&Fs Eye Volatility as US/Sino Trade War Threat Looms

Endowments and foundations are addressing concerns about how a looming trade war between China and the U.S. could affect their investment strategies. Volatility in the markets, created by the tit-for-tat tariff pronouncements, coming from both President Donald Trump and Chinese president Xi Jinping, has many investors on edge, with no clear end to the disputes in sight. …

U.S. Investor Delegation Kicks Tires of Africa Infrastructure Opportunities  

Though most of the U.S. institutional investors that were part of a delegation that travelled to Senegal and South Africa in early March invest in emerging or frontier markets (EFM), less than half of the funds invest in Africa, and fewer than one fifth invest in infrastructure there, with their EFM holdings primarily in private …

Pressure on Companies to Hire Women Unabated; Minorities Overlooked?

Pressure from institutional investors on public companies to include more women on their Boards and to hire more women in top management positions has been mounting. That pressure began long before the #MeToo movement came to the fore. But the mandate for more diversity is, in theory at least, supposed to include minorities too. But, …

Verus Advances Ball on Emerging Manager, ESG initiative

Verus Investments, which last year kicked-off an effort to include more emerging and environmental, social and governance (ESG) managers on its approved-manager  list, is bringing  more thought to how it assists clients in identifying emerging managers and implementing their ESG mission-related initiatives, according to Eileen Neill, a managing director and senior consultant with the firm. …