Yale Makes Few Changes in Investment Strategy

Yale University's investment strategy -- much praised during the decade or so before the 2008 Wall Street decline, and subject to much scrutiny since then -- doesn't appear to be changing much. The Wall Street Journal analysis of the university's new investment report noted that while it made some minor adjustments, it was largely consistent with the university's approach in the past, which received an explicit defense in the report. "Anyone expecting a mea culpa from Yale University's investment chief can forget it," the Journal said.