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

To Promote Healthy Habits in Patients, Start With the Doctors

Why Harvard Medical School is training physicians to think more like coaches

How Philosophy at Harvard Saved Itself

As humanities shrink across higher education, one department is flourishing. Is its success a fluke, or a roadmap?

Three Harvard Unions Move Toward Strikes

Dining employees, academic workers unions join graduate students in threatening a walkout.

House - Email

Explore More From Current Issue

A smiling man in a brown plaid suit stands outdoors with greenery in the background.

University News

The professor and former Harvard College dean is the next president of Harvard Magazine’s Board of Directors

St. Peter's Basilica at sunset, illuminated by purple and orange sky reflections in the river.

Alumni

For advocacy and benevolence, three late alumni are reportedly in line for the Catholic Church’s highest honor.

Illustration of a phone, book, hourglass, weights, and a hand reaching for a device on a blue background.

Letters to the Editor

Your thoughts on how to regulate the platforms—and stop using them so much