“Have Alternative Investments Helped or Hurt?” (Ennis 2023b) examined the impact of alternative investments (“alts”) on the performance of US public-sector pension funds. That paper revealed that, since the Global Financial Crisis of 2008 (GFC), public funds realized a negati| richardmennis.com
Endowments have long been considered elite investors, but outdated strategies and skyrocketing costs are eroding their edge| CFA Institute Enterprising Investor