The fact that some corporations have chosen to devote assets to their social responsibilities is far less troubling than the fact that some governments have not.Pat MeierBlanchardville, WisconsinSIR – As companies have gone global, issues once considered "soft" by the private sector now pose "hard" business dilemmas and are becoming part and parcel of corporate risk analysis.
Turner has devoted his assets to environmental causes.
Seeing an increase in segregation in northern facilities, he began to engage in a life of activism, to which he devoted his assets.
He wondered whether it might be a good idea to fold the foundation and devote its assets to the creation of a new college.
Fidelity, which now has 100 employees devoted to digital assets, has launched a digital asset custody service for institutional investors and is already building a trading platform for purchasing crypto.
A survey of 22 senior asset managers (overseeing a total of $5.7 trillion of assets) by Scorpio Partnership, a wealth-management consultancy, found that the portion of their portfolios devoted to alternative assets had risen to 17% in the second quarter of this year, up from 7% in the fourth quarter of 2009.
In all, hedge fund assets devoted to the region rose 75 percent, to $21.4 billion, in 2010, according to data from Hedge Fund Research.
And the endowment has made a huge bet on private equity with about a third of its $24 billion in assets devoted to the class.
Companies that operate in highly competitive environments and have high stocks of key assets devoted to their traditional business, it turns out, should wait and watch.
At the time, the Canadian pension had roughly $150 million, or 3 percent of its assets, devoted to private equity, with the bulk in so-called funds of funds that invest across several different portfolios.
In the next ten years, according to a recent study quoted in a research note from JPMorgan, the proportion of mutual-fund assets devoted to alternative funds will quintuple.
