Big endowments are heavily invested in hedge funds and other alts. They’ve been an expensive waste, study finds
An astonishing two-thirds of big university endowments are invested in hedge funds and other alternative investments that actually have delivered zero outperformance since the 2008 global financial crisis.
An astonishing two-thirds of big university endowments are invested in hedge funds and other alternative investments that actually have delivered zero outperformance since the 2008 global financial crisis.
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