Endowment funds in the US, large and small, significantly underperform passive investment.
Moreover, an analysis of the performance of 43 of the largest individual endowments over …

Elevate your game in the face of challenging market conditions with this eye-opening guide
to portfolio management Investing Amid Low Expected Returns: Making the Most When …

University endowments invest for future generations, so their strategy should reflect their
long horizon. We researched whether they really do behave like long-term investors. We …

Style factors that are prominent in other asset classes, such as carry, value, momentum, and
defensive, do extend to the fixed income domain as well. We investigate factor investing …

For more than 30 years, endowments have committed ever-increasing allocations to private
equity, venture capital, and private real estate—all based on expectations of returns superior …

Abstract The Ontario Municipal Employees Retirement System (OMERS) is one of Canada's
largest pensions. Many pensions, OMERS included, face uncertainty due to demographics …

This paper seeks to further the understanding of US university endowment performance
building on recent research by both Hammond and Ennis. The paper finds that a Sharpe …

Abstract Recently, a paper,“Surprise, Endowments Have Significantly Outperformed the
60/40 Benchmark” was written by Dr. Hossein Kazemi—a professor of finance at Isenberg …