There is bad news about nonprofit investment returns. Organizations made changes to their asset allocation policies in 2012 that reduced returns. It is thought such changes were a reaction to market trends...
Smart Money: Spooked by the news?
By
William C. Fisher
Sep 01, 2011
The financial headlines show the ugly economic data pouring in like a fast flowing river. First-quarter GDP numbers exhibited a measly 1.8% increase and second-quarter estimates weren’t much better.
Re-visit the IPS
By
William C. Fisher
May 01, 2013
The primary document governing investment decision making by fiduciaries is the investment policy statement (IPS). The fiduciaries are the board and finance committee members, as well as senior management.
HUD 202: Big changes
By
William C. Fisher
Feb 02, 2013
The HUD 202 program had a major policy change in 2012 that will permit numerous not-for-profit providers to take capital from their existing HUD 202 properties, deploy this capital for a wide range of...
Invest aggressively
By
William C. Fisher
Aug 01, 2012
Last month, I wrote about three potential conflicts that might arise when ministries, nonprofits and companies work with investments. One of my goals is to help CFOs, boards and finance committees become...
1982 all over again?
By
William C. Fisher
Oct 01, 2012
Now might be the time to be bullish while others are not. Morningstar, a leading provider of independent investment research, hosts an annual conference for investment professionals each summer.