University of Texas
Returns of the two educational endowments managed by University of Texas/Texas A&M Investment Management Co. beat benchmark.
UTIMCO will implement a new strategic asset allocation for the systems' endowment funds on Sept. 1, pending approval of the regents of the UT system.
University of Texas System seeks bundled retirement plan service providers.
University of Texas Investment Management Co. officials project a lower return and higher downside risk in fiscal 2013 for its endowment assets, according to the 2013 strategy review presented to the board on Wednesday.
University of Texas Investment Management Co., Austin, invested or committed a total of $1.449 billion to new and existing external money managers and redeemed an aggregate $708 million in the three months ended Nov. 30