How are endowment investments managed at UNCP?
Most of the endowments are invested with investment managers collectively chosen by the UNCP Foundation, Inc. and the UNCP Endowment Boards.. The University strives to preserve both the corpus and the spending power of the endowments. Asset allocation is the cornerstone of the endowment’s investment policy and a key responsibility of UNCP’s Investment Committee Members. The strategic asset allocation policy should set the course for endowment investing for many years to come. The overall investment objective is to earn a total net return at least equal to the sum of inflation plus the spending rate.