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

History of napalm origins at Harvard

A new book traces napalm's invention to Harvard—and its evolution from heroic discovery to pariah

All That’s Unseen charts the Harvard graduate’s uneasy journey from Appalachia to Cambridge and back.  

In 2004, a frenzy spread across Harvard Yard in days. Four billion users later, we are only just catching up.

House - Email

Explore More From Current Issue

A flooded office scene with computers, a woman working, and a pink sunset backdrop.

Undergraduate Column

A College student’s attempt to recapture the romanticism of the workplace.

Caricature of a young man in front of red doors, wearing a green striped sweater.

Harvard History

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

Two laboratory researchers, one seated and one standing, in a scientific lab with equipment.

Research

The stakes are high for this husband and wife: one of them will die if they don’t find a cure.