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

Harvard’s Class of 2029 Reflects Shifts in Racial Makeup After Affirmative Action Ends

International students continue to enroll amid political uncertainty; mandatory SATs lead to a drop in applications.

Harvard Weathers a Year of Turmoil

The federal government has launched unprecedented actions against the University. Here’s a guide.

Lafayette’s Unexpected Gift to George Washington: Pheasants

The two birds will be on display at Harvard this summer.

House - Email

Explore More From Current Issue

Three young women posed side by side against red background.

Students

The 2026-2027 Ledecky and Summer Undergraduate Fellows

Portrait of a man in a denim shirt beside a blue book cover for "Gretal and the Great War" featuring an illustration of a leg holding an army helmet..

Arts & Culture

The Gretel and the Great War author on how the Lampoon derailed his science career—and set him on a literary path.

University Hall with steps and the John Harvard statue, surrounded by trees and a grassy lawn.

University News

Long-discussed reorganization includes layoffs and the end of the Dudley Community.