Asset Allocation
Some Institutions Call Crypto Rat Poison, but Others Are Buying the Currency
Bitcoin bolster: Asset allocators seem to be fueling digital money’s recovery from its recent crash.
Tag: Yale
Commodities Rise: New Supercycle or Just a Temporary Blip?
Many institutions, wary of the asset class’s notorious volatility, keep their exposure low despite raw material price climbs.
Asset Management Culture
David Swensen, Yale’s Iconic Endowment Chief, Dies at 67
He pioneered the push into alternative assets, now popular among institutional investors.
Asset Management Culture
Rockefeller University Names Paula Volent New CIO
She joins the biomedical research institution from Bowdoin College and succeeds CIO Amy Falls, who’s moving to Northwestern.
Growing Number of Pension Funds, Endowments, Foundations Adding Bitcoin to Portfolios
The digital asset is gaining more acceptance among institutional investors.
Alternatives
Bitcoin Will Never Be Real Money, Says UBS, Because It’s Too Volatile
Cryptocurrency isn’t a stable source of value, so people can’t depend on it, the bank’s top economist charges.
Alternatives
Bitcoin Could Replace Gold as a Refuge, BlackRock Says
The yellow metal now is in a funk, as the cryptocurrency keeps gaining.
Pensions
Why Brown Is Beating the Other Ivies
Markov Processes analyzes how Brown has managed to outperform its rivals in recent years.
Asset Management Culture
Ivy League Endowments Underperform 60-40 Portfolio Again
Average university returns fall short of a passive portfolio over one- and 10-year periods.
Why Wild and Crazy Bitcoin May Become a Pension Portfolio Fixture
Retirement funds and other institutions are gradually warming to cryptocurrencies.
How Did Alts, a Jumble of Different Things, Get So Popular?
In a time of LDI and other de-risking, they seem less risky than stocks, yet offer decent returns.
Newsmakers
Harvard, Penn Endowments Return 6.5% Each, Duke Returns 6.9%
Endowments facing ‘economic headwinds’ in 2019.
Corporate Moves
Dean Takahashi, Yale’s Robin to David Swenson’s Batman, Exiting Endowment
Legendary investor, thought to be chief’s successor, leaving after more than 30 years with the organization.
Regulation
Yale Alum Charged with Running Hedge Fund Scam While Student
Omar Zaki agrees to $25,000 SEC fine, three-year ban from investment industry.
Research
How Does Yale Do It? By Being Different
Yale’s asset allocation bears no resemblance to the average university endowment.