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
Timing: Allow around 45 minutes for the reading and activity below.
Read the first seven pages of the Yale endowment fund annual report for 2013 [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] . In particular, note its unusual asset allocation and the boxes on the Yale model and liquidity.