Harvard Endowment Makes Progress, But Still Gets Beat by S&P 500

Posted on 10/09/2019


Harvard University’s US$ 41 billion endowment delivered a 6.5% return in fiscal year 2019. This is considered a disappointment because the S&P 500 total return was slightly over 10% for the same time period. President and CEO Narv Narvekar has been trying to turn Harvard Management Company (HMC) around after it was weighed down with […]