skip to content

Cambridge Endowment for Research in Finance (CERF)

 

David Chambers

Title of research: Endowment Investing: Investment Strategy and Performance

US University endowments are the ultimate long horizon investors with a unique focus on maintaining intergenerational equity. Endowment investing has been critical in establishing the template that many institutional and individual investors have followed but still remains an under-researched area. This study documents the evolution of US university endowments and their investment strategy from 1900 up to the present.

Research Update - Report April 2016

Research Update - Report September 2015

Research Update - Report April 2015

Presentation at the at the Endowment Asset Management Conference in August 2014 in Switzerland

Latest news

PhD advisor and co-author of CERF post-doc Xinyu Hou wins Nobel Prize in Economics

11 October 2022

Philip H Dybvig from Washington University is (joint with Bernanke and Diamond) a recipient of this year’s Nobel Memorial Prize in Economic Sciences for his research on banks and financial crises. Prof. Dybvig is the former PhD advisor of Dr Xinyu Hou who is currently a post-doctoral researcher at the Cambridge Endowment...