Triplett: Past returns are not a major driver in DUMAC manager selection
Neal Triplett · Neal Triplett and Kim Lew – Issues of Management at Duke and Carnegie (Capital Allocators, EP.116) · Dec 16, 2019 · at 14:58
Neal Triplett, CIO of Duke University's endowment (DUMAC), explains why DUMAC relies primarily on qualitative people evaluation over quantitative performance data.
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“Really returns aren't a big driver of our decision-making process. We want the best people in the portfolio working for Duke, and that's what we try to find.”
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