Harvard Endowment Sees Return of 11%
September 10, 2010

Harvard University's endowment, the world's largest, is going up again, having earned an 11 percent return in the fiscal year ending on June 30. That brings its value to $27.4 billion, and the university's announcement hailed a "strong positive return." Others were less impressed. The Wall Street Journal said that the endowment deserved a "middling grade," noting that the endowment did not match similar large funds. Harvard still has a ways to go to restore its endowment value before the fall 2008 economic crisis hit: $36.9 billion.

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