"Black Monday's" Effect on Endowments.

Jenkins, Robin

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Peer reviewed

ERIC Number: EJ366328

Record Type: Journal

Publication Date: 1988

Pages: N/A

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"Black Monday's" Effect on Endowments.

Jenkins, Robin

Academe, v74 n1 p44-45 Jan-Feb 1988

Prudent asset-allocation policies, diversity in selection of investment managers, and pursuit of stocks with records of strong performance and controlled volatility averted disastrous losses encountered by the general U.S. market in the October 1987 stock market plunge. College and university endowment spending policies are discussed. (MLW)

Descriptors: Business Cycles, College Administration, Economic Climate, Educational Finance, Endowment Funds, Financial Policy, Higher Education, Inflation (Economics), Investment, Money Management

Publication Type: Journal Articles; Opinion Papers

Education Level: N/A

Audience: N/A

Language: English

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