The New York Times
College Endowments Opt for Alternative, and Less Lucrative, Route
February 23, 2018
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.