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  1. Poorly endowed

    After high-risk strategy led to massive losses, U of T goes conventional

    Feb 25 by Elizabeth Kagedan

    U of T will tame its investing style, acknowledging significant losses in its pension and endowment funds under the University of Toronto Asset Management Corporation. In 2008 alone, the university lost $1.5 billion, almost 30 per cent of the fund’s total value. In a Feb. 20 letter to faculty, staff, and alumni, U of T president David Naylor outlined investment...

  2. Stock plan passes with little talk

    2/4/08 by Naushad Ali Husein

    U of T’s University Affairs Board voted last Tuesday to revise its stance on controversial investments. The revised policy controls how the university handles politically-driven stock divestment decisions. At the meeting where the UAB approved the change, the Responsible Investment Committee alongside representatives from various unions presented an alternative policy, which was not considered. The move comes as a part...

  3. UAB spurns stock plan

    $20,000: The Cost of Ethical Investment

    11/8/07 by Naushad Ali Husein

    U of T’s University Affairs Board voted down a proposed change to the university’s policy for ridding its portfolio of unethical investments on Tuesday, Nov. 6. The revision would have put decisions in the hands of an advisory committee of presidential appointees. Currently, such decisions come from a committee of Governing Council members, drawn from each of its fi ve...