Universities and schools that long relied on alternative investments such as hedge funds to grow their endowments are adding money more slowly to these loosely regulated portfolios, researchers said on Thursday. For years endowments plowed ever bigger amounts of money into alternative investments, making them largely responsible for helping hedge fund assets double to $2 trillion in roughly three years. But last year, the Commonfund Institute, a group that polls 767 educational endowments on their investment tastes every year, found that appetite fell off some. Read more at:
http://www.reuters.com/article/fundsFundsNews/idUSN1722768320080117
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