November 1, 2004

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 strongand 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 percentmore 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

A graphic of a U.S. federal buildings with

Harvard Law Professor Explains the AI Battle Between Tech and Government

Jonathan Zittrain compares today’s conflicts to tensions surrounding the early internet.

Mitt Romney in a suit, with a decorative background and natural lighting.

At Harvard, Mitt Romney Warns Against ‘Authoritarian’ Presidential Power

The former senator touched on polarization, tech governance, and diplomacy during a conversation at the Institute of Politics.

Colorful illustrated map of Colonial Cambridge and the Harvard College campus featuring buildings of the campus, houses, Cambridge Common, and the Charles River

250 Years Ago, Harvard Was Home to a Revolution

A look at the sights, sounds, and characters that put the University on the frontlines of history

Explore More From Current Issue

A woman in glasses gestures while speaking to two attentive listeners at a table.

How to Cook with Wild Plants

From wild greens spanakopita to rose petal panna cotta, forager and chef Ellen Zachos makes one-of-a-kind meals.

Mercy Otis Warren in period attire writes at a desk by candlelight, surrounded by books.

Harvard Celebrates America’s 250th

The Woman Who Penned the Case for War

Mercy Otis Warren’s poetry and plays incited the Patriot movement.

Woman with long hair, smiling, wearing a black sweater, in a textured beige background.

For This Poet, AI is a Writing Partner

Sasha Stiles trained a chatbot on her manuscripts. Now, her poems rewrite themselves.