(From Inside Higher Ed) Higher education endowment managers shouldn't ignore calls for divestment from fossil fuels solely because of fears about falling returns, according to a working paper presented at the Association of American Law Schools' annual meeting. Researchers used two different methods to analyze returns of a number of colleges and universities, and the different methods suggest different outcomes -- some negative, some not. They need further input to refine their results. One expert suggested that rather than studying past returns, it would be more informative to simulate how an investor’s risk-return portfolio would change if that investor invested in the market portfolio versus a market portfolio lacking fossil fuels.
More at Inside Higher Ed
All news on NetAssets.org
Sign in to leave a comment
Get Net Assets NOW
NBOA's free twice-monthly newsletter
1400 I Street, NW, Suite 675Washington, DC 20005www.nboa.org