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Keynes, King's and Endowment Asset Management

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NBER2014-09-01 更新2025-01-04 收录
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Founded in 1441, King's College was one of Cambridge University's wealthiest Colleges, endowed with a vast agricultural portfolio. John Maynard Keynes was appointed bursar just after WWI and initiated a major reallocation to equities, an innovation at least as radical as the late 20th century

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2014-09-01
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