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

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

The retired government professor has been a rare conservative voice on campus for decades.

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

House - Email

Explore More From Current Issue

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 hair stands confidently with crossed arms next to a pickup truck.

Alumni Profiles

In her memoir All That's Unseen, Emilee Hackney explores religion, friendship, and home.

A profile illustration of a man surrounded by colorful, whimsical text in multiple languages.

Undergraduate Column

For both American and international students, growing up is like learning a new language.