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Harvard, Hawaii Gambled on Market Calm—Then Everything Changed

TedTed
in The Bullpen
FYI: Harvard, Hawaii and others, pressed to improve returns, made risky bets that depended on a historically lengthy period of low stock-market volatility. Now that’s coming to an end, and investors worry what will happen when the trades are unwound.
Regards,
Ted
http://www.cetusnews.com/business/Harvard--Hawaii-Gambled-on-Market-Calm—Then-Everything-Changed.B1xnbiJzPG.html
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