Investing

Harvard Endowment Posts 11% Return, Under-Performs The Market

The Harvard Endowment, the largest of any university in the US posted an 11% return for the period which ended on June 30. That return was less than that for the DJIA over the same period

The value of the fund rose to $27.4 billion

For those who want to know how such a huge portfolio can under-perform the market, this is a link to the report

Douglas A. McIntyre

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