Peter Rudegeair: This may surprise you, but the world of managing money for Ivy League endowments is pretty clubby

Devin Banerjee: Should universities let trustee-run funds manage #endowment money? @BloombergMrkts on which schools do, don't, and why:

Erik Schatzker: If colleges let alumni run endowment money, shouldn't they at least get a break on the fees?