Amherst College posted a 5.4% return for its endowment for the year ended June 30, said Caroline J. Hanna, spokeswoman for the Amherst, Mass.-based college.
The school's endowment ended its fiscal year with $2.2 billion, up 2.4% from the year before.
Kevin Weinman, Amherst chief financial officer, said in an e-mail that in terms of returns for individual asset classes, “U.S. equities and private equity were relatively stronger vs. other asset classes, while global equities, emerging markets and absolute return were relatively weaker vs. other asset classes.” He did not provide specific figures.
As of June 30, 2014, the endowment allocated 58% of its investment portfolio to global equities (both public and private), 23% absolute return, 15% real assets, and 4% fixed income and cash.
The “current mix has not changed substantially since,” Mr. Weinman said.
