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

AI Outperforms Doctors in Emergency Room Tasks, New Harvard Study Shows

Researchers say the technology could help physicians with triage, diagnosis.

Harvard Alumni and Faculty Win Five Pulitzer Prizes

Winners include Jill Lepore, Bess Wohl, and Pablo Torre.

Ask a Harvard Professor with Rebecca Henderson

How to reform capitalism to confront climate change and extreme inequality, with economist and McArthur University Professor Rebecca Henderson

House - Email

Explore More From Current Issue

Woman with long hair, smiling, wearing a black sweater, in a textured beige background.

Arts & Culture

For This Poet, AI is a Writing Partner

Sasha Stiles trained a chatbot on her manuscripts. Now, her poems rewrite themselves.

Historical battle scene with soldiers in red and blue uniforms, flags waving, chaotic action.

Harvard Celebrates America’s 250th

The Harvard-Trained Doctor Who Urged a Revolution

Before his heroic death, General Joseph Warren was dubbed “the greatest incendiary in all of America.”

Illustration of two students in Harvard hoodies, one speaking animatedly to a phone, the other reading, looking annoyed.

Undergraduate Column

We’re All Harvard Influencers, Like It or Not

In the digital age, it’s hard to avoid playing into the mythology.