Bloomberg Businessweek

Little Good News For the Little Ivies

Sophisticated strategies didn’t help liberal arts schools last year | “Right now if you’re not diversified, you’re doing better”
Prestige Can’t Buy Performance

Beyond the Ivy League, there’s a group of prestigious, mostly smaller colleges spread across the Northeast U.S. These private schools count many top financial professionals among their alumni and donors. But having access to Wall Street’s best and brightest is no guarantee of winning investment results for college endowments—especially not amid the global market volatility that dominated the schools’ recently reported fiscal year, which ended June 30.

Over those 12 months, a group of 18 liberal arts schools sometimes dubbed “Little Ivies” lost an average

You're reading a preview, sign up to read more.

More from Bloomberg Businessweek

Bloomberg Businessweek5 min read
The Pollution-Busting Drones Of Krakow
Marek Witkowski’s patrol car comes to a halt in a cloud of dust. Within minutes, he’s powered up his four-rotor drone and sent it into battle against the scourge of his country. The Krakow officer is on the front line of a clean-air revolution in on
Bloomberg Businessweek2 min read
Good Hydrations
THE VALUE PLAY Made to be held up top near the intake, this 2-liter plastic design from Sweden-based Shane Schneck has no handle. Two intersecting cones make up its uber-functional body, which extends to an elongated spout. $25; THE INVESTM
Bloomberg Businessweek5 min read
Can the Renault-Nissan Marriage Be Saved?
For Renault SA and Nissan Motor Co., the Carlos Ghosn saga is a nightmare that never seems to end. Fallout from their ex-boss’s November 2018 arrest in Tokyo for alleged financial crimes permeated deep into the French and Japanese carmakers’ operatio