Endowment Performance

Since Harvard Management Company established its current, highly diversified asset mix and investment strategies for the endowment in 1991...

From The November-December 2004 Issue

Since Harvard Management Company established its current, highly diversified asset mix and investment strategies for the endowment in 1991, financial returns have been strong—and handsomely ahead of market results in general. The annualized rate of return for the past five years (even including the losses in fiscal years 2001 and 2002) is 11.8 percent—more than twice market benchmarks. For the past decade, the annualized rate of return has been 15.9 percent, 4 points more than market returns.  
Chart by Stephen Anderson
   

Published in the November-December 2004 print issue in the John Harvard's Journal section.

Most popular

Crimson Football: Harvard 14, Brown 10

Xaden Benson’s “helmet trick” was the decisive factor in the Ivy opener.

Harvard Weathers a Year of Turmoil

The federal government has launched unprecedented actions against the University. Here’s a guide.

Mindfulness—the unconventional research of psychologist Ellen Langer

Psychologist Ellen Langer's unconventional research. Plus, read about applying mindfulness techniques to eating.

House - Email

Explore More From Current Issue

Two laboratory researchers, one seated and one standing, in a scientific lab with equipment.

Research

The stakes are high for this husband and wife: one of them will die if they don’t find a cure.

Caricature of a young man in front of red doors, wearing a green striped sweater.

Harvard History

In 1954, Gregory Corso moved into Eliot House. How he stayed there is a literary legend.

A smiling elderly man in glasses sits comfortably in a striped armchair.

Harvard Administration

Plus, veteran higher education leader Thomas Ehrlich reflects on university curricula for his 70th reunion