Monday, October 03, 2005

Harvard endowment's returns are top of the class again

"The largest university endowment generated a 19.2% return in the year ended June 30, bringing the total value of the fund to $25.9 billion, Harvard said in a statement on Friday.
Harvard Management Company, the organization set up by the university in 1974 to oversee its investments, has a team of money managers who use a wide range of strategies."

[Marketwatch]

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