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ERIC Number: EJ471021
Record Type: CIJE
Publication Date: 1993
Pages: N/A
Abstractor: N/A
Reference Count: 0
ISSN: ISSN-0147-877X
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)
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:
Publication Type: Guides - Non-Classroom; Journal Articles
Education Level: N/A
Audience: Administrators; Practitioners
Language: English
Sponsor: N/A
Authoring Institution: N/A