Endowment chief sees scope to partner with investment advisors
A prestigious technology university in India aspires to build up a substantial endowment fund, and external experts can play a key role in helping to manage its investments, a senior university executive said.
Third-party investment experts have the potential to help India's endowment industry handle portfolio allocation and strategies more effectively by encouraging new viewpoints, a senior executive said.
“There is a lot of merit in having external advisors, who bring in different perspectives,” Kaviraj Nair, CEO of the Office of Institutional Advancement, at the Indian Institute of Technology Madras (IITM), told AsianInvestor.
The office has oversight of the technology-focused uni…
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