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Liberal Returns

Flexibility and a hefty dose of alternatives have boosted the University of Michigan near the top of its class.

Liberal arts majors are often taught the importance of being well-rounded — a precept Erik Lundberg, chief investment officer for the University of Michigan, has embraced as fervently as the school’s professors have. In his nine years at the helm of UM’s endowment, Lundberg has determined that a generalist staffing

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