Why Colleges Are Getting a C in Investing.

Item request has been placed! ×
Item request cannot be made. ×
loading   Processing Request
  • Additional Information
    • Subject Terms:
    • Subject Terms:
    • Abstract:
      The article focuses on U.S. college endowments and problems facing them. It mentions bond researcher David Swensen's revamping of Yale University's investment portfolio by adapting it to an efficient market doctrine and considers why other college portfolios which have tried to adopt his endowment model approach have failed to perform as well financially. It considers factors behind investment performance including unnecessary complexity of some portfolios, competition, and conceptual reasons.