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Harvard University's Widener Library
Ivy League endowment performance has been waning, particularly in the past two fiscal years, compared to other universities’ endowment funds.
The Ivy League—which consists of Yale, Princeton, Columbia, Brown, Penn, Dartmouth, Harvard (pictured) and Cornell—used to have the best-performing funds. But that’s no longer the case, Bloomberg reports. On average, Ivy League endowments—totaling $117B of assets managed—declined 0.8% in the year ending June 30, and endowment values have declined less than $1.5B.
The Ivies were outpaced by several schools with smaller endowments, including the University of Oregon’s $775M fund, which gained 2.5% in fiscal 2016. [Bloomberg]
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