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

The Supreme Court Affirmative Action Rulings: An Analysis

The underlying arguments project clashing worldviews of race and appropriate remedies.

He was Harvard’s quintessential people person.

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

House - Email

Explore More From Current Issue

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

Faculty

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

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

Research

Harvard scientists identify hundreds of genes under selective pressure.

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

Alumni Profiles

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