# 5 Yale endowment case study

We now explore the asset allocation of a US endowment fund, that of Yale University.

## Activity 8 Asset allocation in practice

Allow around 45 minutes for the reading and activity below.

Read the first seven pages of the Yale endowment fund annual report for 2013. In particular, note its unusual asset allocation and the boxes on the Yale model and liquidity.

OpenLearn - Asset allocation in investment
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