A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2017; you can also visit the original URL.
The file type is
The British Origins of the US Endowment Model
Financial analysts journal
The US endowment model is an approach to investing popularized by Yale University that emphasizes diversification and active management of equity-oriented, illiquid assets. The writings of the British economist John Maynard Keynes were a considerable influence on the investment philosophy of Yale's chief investment officer, David Swensen. How did Keynes gain these insights? We track Keynes's experiences managing the King's College, Cambridge, endowment and show how some of the lessons hedoi:10.2469/faj.v71.n2.7 fatcat:v72kvyg42verlaapzti4vzbizu