University endowments look to alternatives for higher returns
Varsity endowments are cutting back allocations to public markets in favour of private alternatives for higher yields, a trend that is expected to stay as inflation bites and stocks and bonds lose their allure.
More university endowments are shifting funds away from traditional markets to alternatives in search of higher returns to manage inflation and meet the rising costs of operating university campuses, said investment experts familiar with this group of asset owners.
A STRATEGIC SHIFT
University endowments have been allocating more budget to alternative assets in recent years, according to a senior Asian university endowment executive.
With global inflation and interest rates o…
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