Office of Treasury Services
The purpose of an Investment Policy Statement is to establish a clear understanding of the investment objectives of the funds. It is used as a guideline for the investment committee as well as for the investment consultant and the hired investment managers.
The University of Akron has two separate investment policy statements: one for its operating funds and a second for its endowment funds. The University of Akron Foundation has an independent investment policy statement for its endowment funds.