LOOKING FORWARD TO THE FUTURE? UT regents call for increased hedging to protect endowment fund. “Concern that Texas’ public university endowment may lose a fifth of its value from a major eurozone default or a crisis in the dollar prompted calls for more aggressive hedging Thursday. . . . The management company already uses about $50 million a year for hedges to limit the fund’s exposure to market risks, and the endowment has more than $1 billion in gold bullion stashed away, said Bruce Zimmerman, the management company’s chief executive.”