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Endowments Lag Stock Indexes As Private-Market Gains Elusive

TedTed
in The Bullpen
FYI: University endowments and non-profits in the U.S. are seeing lackluster annual returns for a year when the stock market garnered 10%.

Funds with more than $500 million earned a median 5.3% before fees in the fiscal year ended June 30, while endowments of all sizes returned 5.9%. That’s the lowest since 2015, according to results published Tuesday by Wilshire Trust Universe Comparison Service.
Regards,
Ted
https://www.fa-mag.com/news/endowments-lag-stock-indexes-as-private-market-gains-elusive-50960.html?print
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