Institutional Investors

George Mason may fill managed futures mandate


The George Mason University Foundation may finally fill its allocation to managed futures in the coming year, after a portfolio dip of 21.5% for the year ending 30 June 2009.

Alternative investments and private equity may account for up to 66% of the portfolio, while real estate can go to the upper limit of 10% of the portfolio. The foundation's investment policy has also carried a 5% allocation to managed futures, but until now the university has not filled that allocation. Approval to fill the open allocation was gained late