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.
With 12.4% return, Brown endowment grows to record $4.2 billion
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.
Endowment reaches record high of $4.2 billion, The Brown Daily Herald
Read more about Brown’s endowment here.
Editorial: Endowment performance deserves recognition, The Brown Daily Herald
Brown University endowment gains 12.4% for fiscal year, Pensions&Investments
Yale, Stanford, Brown Endowments Return 5.7%, 6.5% 12.4%, Chief Investment Officer
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Post by Marcelino Pantoja