Endowment Study Sheds Light on Elite Schools’ Returns

New research utilizes MPI’s proprietary Dynamic Style Analysis (DSA) to dive into the opaque world of endowment investing. With only ten data points representing a decade of returns, the model reveals significant insights into the sources of top endowments’ returns. The study finds a predominant portion of endowment returns are explained by asset allocation, particularly to illiquid alternative factors. To read more, including a performance attribution for fiscal year 2015, see the full analysis on the MPI Research Corner.