University of Arkansas Foundation, Fayetteville, returned 4.1% on its endowment for the fiscal year ended June 30, said a performance report on the foundation’s website.
Information on a one-year benchmark return was not available.
Strong manager performance, relative to the benchmarks, added value to the portfolio, particularly in global equity. The global equity portfolio returned 8%, seven percentage points above market indexes, the report said. The private investments portfolio returned 11%; hedge funds, 4%; and fixed income, 2%.
At the end of June, the $1.4 billion endowment had an asset allocation of 62.1% global equities, 19.1% hedge funds, 10.4% bonds and cash, 6.6% natural resources and 1.7% real estate.
For the five years ended June 30, the endowment returned an annualized 10.9%.
Vickie Ferguson, director of investments, could not immediately be reached for additional information.