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

Harvard Academic Workers Begin Strike

A second union joined graduate students on the picket line, emptying labs and classrooms.

New Names Proposed for Harvard Extension School Degrees

Long pushed for, the changes would be part of a broader rebranding for the Division of Continuing Education.

Remembering Judge Richard A. Posner

Contributing editor Lincoln Caplan’s 2015 feature of the prolific judge

Explore More From Current Issue

A man with a long beard and formal attire stands next to a chalkboard with an equation.

Two tales of University greats—and an encounter with a Tiger

Panoramic view of Harvard University with autumn foliage and a river under a cloudy sky.

The University is expanding industry ties and investing its own funds to support research, but neither will replace lost federal dollars.

Colorful icons representing sleep, fruit, speech, and a mind with a water lily.

Take this quiz on six healthy habits that Harvard doctors recommend