askus icon

Handbook of Business Procedures

Date published: 
Last revised: 
Issued by: 

Feb. 4, 2004
May 23, 2007
Cash Management


Part 18. Investments - Table of Contents


A. Introduction

This investment policy presents the guidelines for the investment process of The University of Texas at Austin. The university’s investment objectives are as follows, in order of importance:

  1. Preserve principal;
  2. Maintain sufficient operating liquidity; and
  3. Invest assets to maximize return while assuming a reasonable level of risk.

In accordance with the university’s responsibility as a fiduciary of public funds, the investment program will be managed in a manner that promotes the best interest of the university and the public.

B. References

Index Fund Guidelines for Component (UTIMCO)*
University of Texas System Board of Regents' Rules and Regulations Series 70201*
Allocation for Non-Endowment Funds Policy Statement*

C. Related Offices

Budget Office

Office of the Vice President and Chief Financial Officer

University of Texas Investment Management Company (UTIMCO)

University of Texas System Board of Regents

* Note: PDFs are best viewed with Adobe Acrobat Reader 6.0 or later. Earlier versions may result in incomplete rendering of information. A free update of Adobe Acrobat Reader may be obtained from Adobe.



Part 18. Investments - Table of Contents