Equity Investment Analysis, the case for a private university endowment

Simple item page
dc.contributor.authorNjoroge, Linda Njeri
dc.date.accessioned2017-09-04T09:58:46Z
dc.date.available2017-09-04T09:58:46Z
dc.date.issued2017
dc.descriptionA Research project Submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Science in Financial Economics at Strathmore Universityen_US
dc.description.abstractThe purpose of this study is to investigate the assertion that university and college endowments should maintain one hundred percent equity holdings in their portfolios. An equity portfolio is compared to a traditional 60/40 stock-bond portfolio in testing this assertion. The focus is on the Kenyan stock market and the Nairobi Securities Exchange (NSE) All Share Index (NASI) is taken as a representative diversified equity market portfolio. A fifteen-year Kenyan infrastructure government bond is taken to represent the bond portfolio. The study considers whether the returns generated would sustain an endowment both in the short term (less than ten years) and in the long term (more than ten years). The study finds that equity returns are indeed sufficient to fund the endowment portfolio both in the long-run and short-run, but a traditional 60/40 portfolio is seen to have a higher risk-adjusted return.en_US
dc.identifier.urihttp://hdl.handle.net/11071/5379
dc.language.isoenen_US
dc.publisherStrathmore Universityen_US
dc.subjectEquity portfoliosen_US
dc.subjectNairobi Securities Exchange (NSE)en_US
dc.subjectEndowmenten_US
dc.titleEquity Investment Analysis, the case for a private university endowmenten_US
dc.typeProjecten_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Equity Investment Analysis, the case for a private university endowment.pdf
Size:
671.24 KB
Format:
Adobe Portable Document Format
Description:
Full-text
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
BBSE Research projects (2017)