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The museums themselves decide when to come on board, what they will display, and even to some extent how they will go about it (reflecting the institutions' varied assets and attitudes).
Where we saw a large correlation of varied assets melding over the last few years, we are now seeing the correlation continue … only on the downside.
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These schedules vary from asset class to asset class, though most cover about 10 years.
Because the rates vary by asset type, period of retention and the adjusted cost basis of the assets sold.
Tracking error can vary by asset class.
Harvard tries not to vary its asset allocation.
When it comes to mutual funds, fees have a huge range and vary across asset classes.
Zucman pointed out that the revenues would be volatile, because they would vary with asset prices, and no other country has shifted to this type of system, so it is hard to know how it would work out.
And the returns vary by asset class, from 2% for a special purpose vehicle to 37% for an equity fund that added more money to a vehicle already in place at the time of commitment.
And it varies by asset class, the investor's risk tolerance and expectation of return, sector and geographical scope.
They have snapped up assets as varied as olive groves and vineyards in northern Portugal and stakes in leading companies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com