US colleges and university endowments and foundations had
positive gains of 12% in 2010, up greatly from the previous
year’s losses of nearly 19% on average, according
to the 2010 NACUBO-Commonfund Study.
Still struggling to maintain longer-term returns, endowments
found strong gains in the alternative strategies category with
distressed debt leading the way with gains of 25%. Marketable
alternatives – a category that includes hedge...