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 Stabilizes Finances With Strong Endowment Returns, Philanthropy

Small operating surplus is dwarfed by reduced federal research support and endowment tax liabilities.

How Philosophy at Harvard Saved Itself

As humanities shrink across higher education, one department is flourishing. Is its success a fluke, or a roadmap?

Treat AI Like a New Species, Harvard Scientist Says

Joshua Joseph discusses how society can manage and coexist alongside self-governing AI agents.

House - Email

Explore More From Current Issue

Illustration of a phone, book, hourglass, weights, and a hand reaching for a device on a blue background.

Letters to the Editor

Your thoughts on how to regulate the platforms—and stop using them so much

A woman jogs on a path beside a boy riding a bicycle, surrounded by trees.

Health & Medicine

Why Harvard Medical School is training physicians to think more like coaches

St. Peter's Basilica at sunset, illuminated by purple and orange sky reflections in the river.

Alumni

For advocacy and benevolence, three late alumni are reportedly in line for the Catholic Church’s highest honor.