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US college endowments lose 1.9% in worst showing since 2009

Wednesday, February 1, 2017 - 05:50

Boston

US COLLEGE endowments suffered their biggest loss since the 2008-2009 financial crisis, dragged down by global stocks, hedge funds and natural resources, according to an industry survey released on Tuesday.

The 1.9 per cent average loss reported by the National Association

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