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College Endowments Opt for Alternative, And Less Lucrative, Route
FYI: It’s official: Returns for college and university endowments for the 2017 fiscal year are in, and while they averaged a respectable 12.2 percent for the year, over the last decade they have underperformed funds offering a simple 60-40 or 70-30 stock-fixed income allocation. Regards, Ted https://www.nytimes.com/2018/02/22/business/college-endowments.html
