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 researchers achieve medical breakthroughs in cancer therapy and infection control.

Growing liver implants, mapping the sense of smell, and journalism at risk

Discoveries

Short takes on cutting-edge research

House - Email

Explore More From Current Issue

Runners compete on a track, with a Harvard athlete in the foreground and others behind.

Athletics

After a historic 2025-26 season, athletes eye NCAA championships.

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.

A vase of yellow flowers on a table next to an orange and a glass.

Museums & Collections

Harvard Art Museums restores a rare glimpse of an American master.