After a significant downturn in average endowment returns in FY16, a strong rebound in the equity market in FY17 fueled a robust recovery. While short-term performance helps promote growth and provides needed support to operations, endowment management requires a long-term focus to better align current policies with the ultimate goal of maintaining inter-generational equity. Explore the key levers related to investment policy design and implementation that are pertinent to achieving long-term goals and objectives. Discuss how these assets should be viewed within the broader context of the trends emerging from more than a decade's worth of benchmarks data by independent schools.
Dyana Conroy, Chief Financial Officer and Chief Operating Officer, The Potomac School
Jeffrey Houser, Chief Financial Officer, Georgetown Day Schools
Keith Luke, President, Commonfund Securities, Inc., Commonfund
Steven Snyder, Managing Director, Head of Relationship Management, Commonfund Institute