Economics
Endowment Managers See Slow Growth as Top Threat to Investments
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Managers of U.S. endowments and foundations see a slowdown in global economic growth posing the biggest near-term threat to their investment performance.
There’s little consensus on where to invest or the direction of the volatile markets, according to a survey by consulting firm NEPC of 54 endowments and foundations, most with assets of $50 million to $1 billion. Slowing growth overshadowed such concerns as rising interest rates and potential overseas conflicts.