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 Class of 2029 Reflects Shifts in Racial Makeup After Affirmative Action Ends

International students continue to enroll amid political uncertainty; mandatory SATs lead to a drop in applications.

The University has pushed the adoption of AI into teaching and operations, but faculty resistance is growing louder.

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

House - Email

Explore More From Current Issue

A glowing bulb shape surrounded by colorful, swirling energy lines against a blue background.

Research

Harvard researchers achieve medical breakthroughs in cancer therapy and infection control.

A woman with curly blonde hair sits casually against a stone wall, wearing a black top and jeans.

Chloe Chapin trains her Broadway costume designer’s eye on the history of men’s fashion.

A woman with long, wavy hair wearing a white suit, seated in a bright, modern room.

Politics and Law

The Harvard graduate’s roundtable talk show touches on hot button issues from religion to sex.