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Endowments Regain Ground With 12% Returns

Chronicle of Higher Education

January 27, 2011

The 12-percent return for the fiscal year ending in June 2010 represented a sharp turnaround from the minus 19 percent recorded in 2009, according to the study by the National Association of College and University Business Officers and the Commonfund Institute. Since June, investment returns have averaged about 15 percent. Despite the good news, NACUBO and Commonfund officials pointed out that the values of most endowments in 2010 remained below their 2007 levels, many by more than 20 percent.

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