Posts tagged: Harvard Management Company

Harvard Management Company: Annual Endowment Report, Sep. 2016

“For the fiscal year ended June 30, 2016, the return on the Harvard endowment was (2.0)%, resulting in a relative return to its benchmark of (300) basis points. The value of the endowment on June 30, 2016, was $35.7 billion. The low interest rate environment and market volatility of the past fiscal year presented a number of challenges to generating returns. However, we recognize that execution was also a key factor in this year’s disappointing results.

 

 

The last ten years, inclusive of the global financial crisis, have been challenging for the Harvard endowment. However, over the last twenty years the endowment has returned 10.4% annualized, exceeding the average annual return on the benchmark portfolio of 7.7%. The value of $1,000 invested in the Harvard endowment has significantly outpaced both a traditional US and Global 60/40 mix of stock and bonds over the same time period. Read more »

LiveJournalLinkedInEmailFacebookTwitterShare

Harvard Management Company: Creating Optimal Mix of Portfolio

Formed in 1974, Harvard Management Company (HMC) manages Harvard University’s endowment and related financial assets. Here is the excerpt from HMC website and Annual Endowment Report 2014.

“Over the long term, HMC has produced excellent investment returns for the Harvard University portfolio. The annualized return on the endowment over the last 20 years has been 12.3% per year and the endowment was valued at $36.4 billion at June 30, 2014. In fiscal year 2014, distributions from the endowment contributed almost a third of the University’s operating budget. The following charts show historical investment returns and the total value of the endowment.

Historical Investment Return

Read more »

LiveJournalLinkedInEmailFacebookTwitterShare

WordPress Themes