穆同学2024-01-06 20:13:58
穆同学老师，不太明白may also difficult for large managers due to capacity issues of external managers
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Johnny2024-01-08 14:50:21
Johnny同学你好，原版书原文如下：
It might also be difficult to implement for very large institutional investors because of their very large footprint.
Endowment model是大量投资于另类资产的，如果这个机构投资者规模非常大，说明会有巨量资金投资于另类资产，那可能市面上没有那么多的另类资产能让他去投资，或者要一次性巨额交易的难度太大。
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