Colleges Cut Alternative Investments to Recoup Losses – Bloomberg 11-06-13

Salient to Investors: The NACUBO and the Commonfund Institute said US college endowments allocated 47 percent of their investment portfolios to alternative assets in the year ended in June, versus 54 percent the prior year. NACUBO-Commonfund said colleges earned an average endowment investment return of 11.7 percent in the year

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