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Vermögensanlage und Vermögensmanagement von Stiftungen

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Author Info
Hübl, Lothar
Dreyer, Matthias
Abstract

Investment policy is a central issue in foundations. The capital stock of a foundation and its long-term retention are prerequisites of a foundation s perpetuity and independence. A foundation s goals can only be reached with the funds generated by the foundation s investment management. Ever greater demands have been placed on investment management in recent years. This paper maps out tenets of investment management that apply to all foundations, regardless of specific constraints or characteristics.

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File URL: http://www.wiwi.uni-hannover.de/Forschung/Diskussionspapiere/dp-325.pdf
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Publisher Info
Paper provided by Universität Hannover, Wirtschaftswissenschaftliche Fakultät in its series Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Universität Hannover with number dp-325.

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Length: 17 pages
Date of creation: Jul 2005
Date of revision:
Handle: RePEc:han:dpaper:dp-325

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Related research
Keywords: foundation; investment management;

Find related papers by JEL classification:
L30 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - General
L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs
G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Investment Policy

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This page was last updated on 2009-12-17.

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