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The main innovation of the Yale (Endowment) Model in terms of asset allocation is a dramatic reduction in allocation to ______ and a significant allocation

The main innovation of the Yale (Endowment) Model in terms of asset allocation is a dramatic reduction in allocation to ______ and a significant allocation to ______ over the past 30 years or so.

Nontraditional asset classes; stocks

Fixed-income securities; stocks

Domestic marketable securities; nontraditional asset classes

Private equity; nontraditional asset classes

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