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Download full textBelmont, David; Odisharia, Irakli – Commonfund Institute, 2014
We conduct a longitudinal analysis of the NACUBO-Commonfund Study of Endowments (NCSE) results from 2006-2013 to evaluate if active management is related to higher endowment returns in U.S. equities over time. We also analyze the data to evaluate the endowment characteristics that are related to higher levels of performance over time. We find that…
Descriptors: Endowment Funds, Money Management, Longitudinal Studies, Investment
