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

Harvard’s Epstein Probe Widened

The University investigates ties to donors, following revelations in newly released files.

U.S. Military to Sever Some Academic Ties with Harvard, Hegseth Says

The defense department will discontinue graduate-level professional programs for active-duty service members.

The True Cost of Grade Inflation at Harvard

How an abundance of A’s created “the most stressed-out world of all.”

House - Email

Explore More From Current Issue

An axolotl with a pale body and pink frilly gills, looking directly at the viewer.

Research

Regenerative Biology’s Baby Steps

What axolotl salamanders could teach us about limb regrowth

Black and white photo of a large mushroom cloud rising above the horizon.

Books & Literary Life

Open Book: A New Nuclear Age

Harvard historian Serhii Plokhy’s latest book looks at the rising danger of a new arms race.

A jubilant graduate shouts into a megaphone, surrounded by a cheering crowd.

Commentary

For Campus Speech, Civility is a Cultural Practice

A former Harvard College dean reviews Princeton President Christopher Eisgruber’s book Terms of Respect.