The school announced their endowment figures last month.
[Chief Investment Officer Jane] Dietze noted that the endowment portfolio is not constructed to optimize the investment performance over a single year, but rather that the Brown Investment Office invests in a flexible, balanced portfolio that prioritizes risk-adjusted returns and uses a long-term investment horizon. Annualized returns for Brown’s endowment for three, five, 10 and 20 years are 13%, 8.5%, 10% and 8.6%, respectively.
That’s long-term investing.
By the way, how is the endowment allocated?
Thirty-seven percent of the endowment was invested in absolute return strategies, 27 percent in private equity, 21 percent in public equity and 4 percent in real assets, according to the documents. Similar to FY 2018, 71 percent of endowment assets were invested in North America.
Read more about Brown’s endowment here.
Post by Marcelino Pantoja