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

There’s a growing movement to curb light pollution. It starts on your front porch.

As weight loss medications become more common, Daniel Lieberman discusses the importance of preserving muscle.

An animal’s journey from grief to love shows how much humans need each other, too.

House - Email

Explore More From Current Issue

Aerial view of modern high-rise buildings surrounded by greenery and city skyline.

Architecture & Design

In a sea of red brick, the Science Center and Peabody Terrace make their mark.

Two figures stand before a large, colorful pixelated face against a yellow background.

Research

Harvard scientists identify hundreds of genes under selective pressure.

A woman with long, silver hair rests her chin on her hand, wearing a black top.

Arts & Culture

Author and Harvard Divinity School writer-in-residence Terry Tempest Williams finds beauty in the world around us.