Vermögensanlage und Vermögensmanagement von Stiftungen

Lothar Hübl and Matthias Dreyer

Hannover Economic Papers (HEP) from Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät

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.

Keywords: foundation; investment management (search for similar items in EconPapers)
JEL-codes: G31 L30 L31 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2005-07
New Economics Papers: this item is included in nep-fin
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Persistent link: https://EconPapers.repec.org/RePEc:han:dpaper:dp-325

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