ERIC Number: EJ453060
Record Type: CIJE
Publication Date: 1992
Reference Count: 0
Indexed Investment Management: A Viable Alternative to Active Management.
Hammond, Dennis R.
Business Officer, v26 n5 p31-34 Oct 1992
Active asset management has not been consistent or cost-effective for college and university endowment funds. Indexing offers higher returns than median active management, provides more investment stability, is available to small institutional endowments across a broad spectrum of investment asset classes, and at lower cost than active management. (MSE)
Descriptors: Administrator Role, College Administration, Cost Effectiveness, Endowment Funds, Higher Education, Investment, Money Management, Program Administration
National Association of College and University Business Officers. 1110 Vermont Avenue NW Suite 800, Washington, DC 20005. Tel: 800-462-4916; Tel: 202-861-2500; Fax: 202-861-2583; Web site: http://www.nacubo.org
Publication Type: Journal Articles; Reports - Evaluative; Opinion Papers
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: N/A
Note: Journal availability: NACUBO, One Dupont Circle, Suite 510, Washington, DC 20036.