Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Monday, August 29, 2016

A New $100 Billion Business: Endowment Management

EndowmentThere is huge competition for money managers fighting to oversee endowments. The business has grown into an almost $100 billion business, attracting stiff competition amongst banks, consultants, and boutiques. This area of money management represents a rare area of potential growth for those currently competing with index- and computer-driven strategies. University endowments also offer access to wealthy benefactors that can become future clients.    

See Michael McDonald, Wall Street Redoubles Fight to Manage $100 Billion at Endowments, Bloomberg, August 29, 2016.

Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.

https://lawprofessors.typepad.com/trusts_estates_prof/2016/08/a-new-100-billion-business-endowment-management.html

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