September 11, 1998
Amid Stock-Market Volatility, Colleges Hold Their Positions
| Endowment managers remain confident
of long-term investment strategies
The U.S. stock market gave colleges and universities a reality check last week. After enjoying several years of double-digit returns on institutional investments, a number of college treasurers acknowledged that their endowments had been hit hard when the Dow Jones Industrial Average on Monday, August 31, plunged 512.61 |
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