In the absence of imminent market threats and exciting new investment opportunities,
reducing risks was a key topic at both the 2005 NACUBO Endowment Management
Forum and the related University Endowment Summit presented by the Goldman Sachs
Global Markets Institute. During the January 2005 conference, held in New York
City, investors were privy to the advice of several leading experts. Speaking
to the theme of “Achieving Investment Success in a Low-Return Environment,”
presenters indicated that “achieving success” means avoiding big
mistakes in today’s market environment. This article provides a summary
of the presentations at this year’s forum.
