ERIC Number: ED206240
Record Type: RIE
Publication Date: 1981
Results of the 1980 NACUBO Comparative Performance Study and Investment Questionnaire.
Dresner, Bruce M.
The purpose of the annual National Association of College and University Business Officers' (NACUBO) Comparative Performance Study is to aid administrators in evaluating the performance of their investment pools. The 1980 study contains two parts: (1) comparative performance information and related investment performance statistics; and (2) other endowment statistics. All performance figures are computed using annual data supplied by participating institutions; confidentiality is maintained by use of institutional codes, with selective non-performance data identified by institution when deemed valuable. Performance information includes a list of participating institutions and their life income and endowment funds, performance analysis, asset composition, risk measurement, stock and bond turnover, investment advisory fees and discretion. Endowment characteristics information includes general information on endowment growth and real growth and life income funds, fiscal 1980 endowment and gifts to endowment, endowment spending and support, investment management and custody matters, and investment policy and practice. In most cases, data and some analysis are presented. Exhibits include an alphabetized list of participants representing 198 pools, characteristics of participating investment pools, a detailed performance summary of average annual total return, a list of institutions that apply total return for budgeting purposes, index of investment managers, and index of endowment custodians. Notes on performance measurement methodology and an explanation of computations are appended. (MSE)
Descriptors: Budgeting, Educational Economics, Endowment Funds, Financial Policy, Fiscal Capacity, Higher Education, Income, Investment, Money Management, National Surveys, Productivity
National Association of College and University Business Officers, One Dupont Circle, Washington, DC 20036 (members $25.00, nonmembers $50.00).
Publication Type: Reports - Research; Numerical/Quantitative Data
Education Level: N/A
Sponsor: Continental Illinois National Bank and Trust Co., Chicago.
Authoring Institution: National Association of College and University Business Officers, Washington, DC.
Note: For related document see HE 014 310.