Creighton University, Omaha, Neb., hired the Clifton Group to monitor asset allocation and use futures to keep the mix in line with strategic policy for the $150 million endowment fund.
Leroy A. Galles, associate vice president-finance and treasurer, said Clifton ``will be monitoring through our master custodian and take appropriate action through futures'' to keep the allocation in line with policy. The fund's current allocation is near its 60% equities and 40% fixed income split; Clifton begins the assignment sometime this month.
