Bloomberg Businessweek

Little Good News For the Little Ivies

Sophisticated strategies didn’t help liberal arts schools last year | “Right now if you’re not diversified, you’re doing better”
Prestige Can’t Buy Performance

Beyond the Ivy League, there’s a group of prestigious, mostly smaller colleges spread across the Northeast U.S. These private schools count many top financial professionals among their alumni and donors. But having access to Wall Street’s best and brightest is no guarantee of winning investment results for college endowments—especially not amid the global market volatility that dominated the schools’ recently reported fiscal year, which ended June 30.

Over those 12 months, a group of 18 liberal arts schools sometimes dubbed “Little Ivies” lost an average

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