April 2016 Becker College | Press Release
Becker College First Institution of Higher Ed to Invest Full Endowment Toward Benefit of Environment and Society
“The trustees of Becker College today announced they have officially mandated that all investments in their endowment should generate a positive impact on society, as well as a targeted financial return. This makes Becker the first college or university to pursue a 100-percent impact strategy across its entire endowment, according to experts in the field.
Becker officials said the investment portfolio’s impact will be rated by HIP Investor, an impact ratings and advisory firm, which quantifies net benefit to society, future risk, and financial return potential on nearly 5,000 global equities, 11,000 municipal bonds issued by governments and non-profits, and nearly 1,000 mutual funds. Since 2006, the HIP (“Human Impact + Profit”) ratings system has guided investors, advisers, fund managers and 401(k) plans on how to implement stronger, more resilient investment portfolios seeking positive impact, strong profit potential, and reduced future risk.”
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