Endowment Performance

Since Harvard Management Company established its current, highly diversified asset mix and investment strategies for the endowment in 1991...

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
   

Most popular

Fake social media posts aim to distract

Distraction seems to be the aim of a massive government campaign of fake social media posts.

The Marketplace of Perceptions

Like all revolutions in thought, this one began with anomalies, strange facts, odd observations that the prevailing wisdom could not explain...

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

Explore More From Current Issue

Label showing the anatomy of a worker bee, featuring a detailed illustration.

Science and art capture the microscopic natural world.

Harvey Mansfield seated in a bright yellow chair, surrounded by bookshelves and cozy decor.

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

Black and white photo of Joseph Murray in a white lab coat sitting in an office.

Nobel Prize recipient Joseph E. Murray dedicated much of his career to organ transplant surgery.