Yale is shifting its allocation toward leveraged-buyout and venture-capital strategies to improve risk-adjusted returns.
Exxon Mobil has spent a lot to return cash to shareholders over the years.
Since September, Morningstar's stock has gained more than 50%.
Appreciating property prices and steady income have lead to returns rebounding for open-end real estate funds.
The U.S. dollar is continuing its slide against developed peers. It is still up significantly vs. emerging markets currencies in 2020.
Closed-end funds have been around for more than 100 years and institutional investors should take a second look.