ERIC Number: EJ471021
Record Type: CIJE
Publication Date: 1993
Reference Count: 0
The Impact of Mean Reversion: Applying a Statistics Concept to Endowment Management.
Hammond, Dennis R.
Business Officer, v27 n4 p38-41 Oct 1993
College financial officers may be assuming that current high returns on endowment investments will continue. Mean reversion theory suggests that returns may be depressed in future years, making adherence to current investment policy difficult. Institutions have several financial management alternatives to minimize such problems. (MSE)
Descriptors: College Administration, College Planning, Economic Change, Educational Finance, Endowment Funds, Higher Education, Money Management, Statistical Analysis, Trend Analysis
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: Guides - Non-Classroom; Journal Articles
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: N/A