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CIO: Endowment investors might learn a lot from Keynes

Keynes made a major contribution to the development of professional asset management, and today’s investors should take heed, a newly published paper asserts… The paper, by Dr David Chambers and Elroy Dimson, from the Cambridge Judge Business School and London Business School respectively, notes that the King’s College endowment – which Keynes managed – permitted Keynes to give full expression to his investment abilities…”

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