In contrast to the prevailing view that more effective use can be made of scientific information
in public policy formation, several fundamental obstacles to the effective use of science are …

For more than 30 years, endowments have committed ever-increasing allocations to private
equity, venture capital, and private real estate—all based on expectations of returns superior …

Environmental, social, and governance (ESG) standards do not permit complicity in modern
slavery, human trafficking, or child labor (Principles for Responsible Investment [PRI] 2021, 4…

DENNIS R. HAMMOND is president of Hammond Associates, an institutional fund consulting
company in St. Louis. He was previously the president of Newmaster Advisory Company …

The article informs about Glasgow Climate Pact was the agreement that all signatories
would continue to act, both in concert and unilaterally, to limit their nationally determined …

… Kazemi attempts to assuage any concern endowment managers and their advisors may
have due to papers such as Hammond (2020a and 2020b) and Ennis (2020a and 2020b). In so …

Active asset management has not been consistent or cost-effective for college and
university endowment funds. Indexing offers higher returns than median active management, …

College financial officers may be assuming that current high returns on endowment investments
will continue. Mean reversion theory suggests that returns may be depressed in future …

DENNIS R. HAMMOND is president of Hammond Associates in St. Louis, Missouri, a private
investment consulting firm that serves as a fiduciary consultant, principally to the …

Environmental, social, and governance (ESG) standards avoid investments in companies
complicit in modern slavery (PRI 2021, 4). Responsible investors have long recognized …