Beloit College, Beloit, Wis., may conduct an asset allocation study of its $90 million endowment fund after its Feb. 8 board meeting, said Judith Handy, assistant to vice president for administration. A change in investment managers or a venture into index funds may result.
L. Roy Papp & Associates manages domestic growth equities for the fund; Southeastern Asset Management, domestic value equities; Morgan Stanley, international equities; and PIMCO, fixed income. Further details weren’t available. The fund’s current asset allocation is 70% equity and 30% fixed income.
State Street Global Advisors is assisting.
