ERIC Number: EJ601747
Record Type: CIJE
Publication Date: 2000
Reference Count: 0
The Discipline of Asset Allocation.
Petzel, Todd E.
Business Officer, v33 n8 p46-48 Feb 2000
Discussion of asset allocation for college/university endowment funds focuses on three levels of risk: (1) the absolute risk of the portfolio (usually leading to asset diversification); (2) the benchmark risk (usually comparison with peer institutions; and (3) personal career risk (which may incline managers toward maximizing short-term returns, which could be contrary to the fund's long-term best interests). (DB)
Descriptors: Educational Finance, Endowment Funds, Higher Education, Investment, Long Range Planning, Money Management, Resource Allocation
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
Authoring Institution: N/A