UPDATE on Performance Reports for UC's External Investment Managers
by Charles Schwartz, UC
Berkeley
February 2, 2007
Data as of 12/31/06
SUMMARY of Performance over the last 6 months:
Out of the 46 external investment management
firms, handling a total of $17 Billion in funds for UCRP and GEP,
only 18 of them (39%) exceeded
their assigned benchmarks and 28 (61%) fell below their benchmarks
in performance.
This is a significantly worse record of performance than the poor
results previously noted for the 2005-2006
fiscal year.