Asset Management for Endowments & Foundations: Improving Investment Performance & Reducing Management Costs
The one book that will help you manage foundation or endowment assets. If you have fiduciary responsibility for a foundation or endowment, you're one of the best and brightest in our society. But unless you specialize in managing foundation and endowment assets, your input could be hurting the very foundation you want most to help. New laws, new complexity in the financial arena, and new understandings specific to foundations and endowments have made this area of financial management an extremely challenging field. Written by experts in foundation and endowment asset management and aimed at foundations with assets of 1 billion or less, this enlightening book can help you steer your foundation to new growth. Packed with cutting-edge financial tools, it can help you select a superlative investment manager or wisely manage the foundation's assets yourself. It can help you improve investment performance, reduce management costs--and create more funds to fulfill your foundation's high aims. In these authoritative chapters, you'll get step-by-step guidance on allocating foundation and endowment assets--a clear explanation of why learning the new procedures is worth your time--and guidance on exactly what you need to do.