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Yale Endowment Blasts Low-Fee Critics, Says Gains Would Lag

TedTed
in The Bullpen
FYI: Yale University, one of the most-watched and best-performing college endowments, defended the fees it pays to external managers, saying in an annual investment report that a low-cost passive strategy would have “shortchanged’’ the Ivy League school’s students and faculty.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-04-09/yale-endowment-blasts-low-fee-crusaders-says-returns-would-sag?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social
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