The Endowment Model Queen’s college Oxford (portfolio allocation strategies)


This case study discusses the different approaches to asset allocation and some of the key issues that asset owners currently face. It covers the Yale model, the Canadian model, and more traditional approaches. The case is set up as a debate with a dense content; about the equivalent of three traditional case studies. Speakers give their best arguments in a concise and impactful manner. Each proposal and data point gets immediately and effectively criticized. Each side of each argument is exposed and boiled down to its essence. Although fictitious the dialogue is close to what is said behind closed door in practice. The author experienced these discussions first-hand and took an active part in them. Finally, the overall discussion style should keep the reader engaged and amused.


 Ludovic Phalippou