Survey finds 94% of endowments invested in digital assets in 2018.
But long-term returns fall well below target rates for endowments of all sizes.
Why their greater sensitivity to risk has served them well, a survey shows.
NEPC survey finds geopolitical tension among biggest concerns.
Mary Cahill to step down after more than 16 years in the role, and search for replacement is launched.
Cost to manage illiquid portfolio assets too high to justify, according to Hossein Kazemi.