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.

The Harvard Arts Medalist wants his smash-hit Cats revival to reach “as many young queer people” as possible.

Until the 1950s, professionals cleaned up after students in the dorms.

House - Email

Explore More From Current Issue

Singer performing on stage with a guitar, wearing a hat, and surrounded by band instruments.

Arts & Culture

Singer Elisa Smith’s whiskey-soaked voice and subversive feminism is part of the genre’s urban shift.

A vibrant group of dancers in colorful outfits poses on a stage with shiny decorations.

Arts & Culture

The Harvard Arts Medalist wants his smash-hit Cats revival to reach “as many young queer people” as possible.

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.