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To gain alpha, institutional investors have many avenues. For large investors, the endowment model has traditionally worked well. However, it can lead to overdiversification and pose challenges for smaller investors looking to replicate the model, according to a new paper. In the endowment model, also known as the Yale model, large endowments typically outsource the […]

  • By: Yaelle Gang
  • November 19, 2019 November 11, 2020
  • 10:00