Asset Allocation
US College Endowments Gained 7.7% in Fiscal 2023, but Suffered From Weak Alternatives Returns
Equities drove gains, while alternative returns were mostly flat.
As data are released about endowment returns in fiscal 2023, funds in the Ivy League and at Stanford are expected to have underperformed the markets, according to Markov Processes International.
Markov Processes analyzes how Brown has managed to outperform its rivals in recent years.
None of the elite universities’ endowments beat a 60-40 portfolio over the past decade.