Why wealth managers should take a look at endowments

28-Jul-2015 #Globalwealth Source: Institutional Investor

Performance is the key reason why wealth managers should look ta endowments. A study has found that for the 10 year period ending June 2014, endowments with at least $1 billion in assets had an average annualised return of 8.2 per cent which is more than the S&P 500 index return of 7.8 per cent.

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