The Futility of the Endowment Model - Advisor Perspectives

The Futility of the Endowment Model By Robert Huebscher . October 8, 2013 . In the past two decades, the so-called endowment model has been adopted by hundreds of endowments, foundations and advisors – particularly those serving ultra-high-net-worth clients. By aggressively allocating to illiquid alternative asset classes, those investors ................
................