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  2. Bursar’s Office June 2021 Investment Policy Statement (IPS) Revised:…

    https://www.jesus.cam.ac.uk/sites/default/files/inline/files/Investment%20Policy%20Statement%202019.pdf
    28 May 2024: the 20 quarters ending 30 June 2014. In setting the total return target, the following factors should be taken into account:. • ... trough declines exceeding 20%. The 20% limit serves as a proxy for Jesus College’s.

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