January 26, 2007

Endowments Celebrate a Streak

By MARTIN VAN DER WERF

For the fourth year in a row, college investments show positive returns

The return of college endowments from the depths of the market earlier this decade continued to gain momentum in the past fiscal year.

Endowments returned an average of 10.7 percent in the 2006 fiscal year, up from the previous year's return of 9.3 percent. It was the fourth consecutive year of gains on endowment investments, following two years of negative returns in 2001 and 2002.

The negative

Digital or Print Subscription

Web Pass

Already have an account? Log In Now.