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Feb 28, 1999

Academic riches

University investing habits

With assets surpassing the $150 bn mark, university and college endowment funds have left the stodgy old days of bonds and cash far behind. Today these investors are heavily weighted in stocks as well as alternative investments. Finding the largest of the funds is easy; there is great disparity in wealth among schools. According to a 1997 study of nearly 500 major college and universities in the US conducted by the National Association of College and University Business Offices (Nacubo), the

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