Endowments
University of Nebraska Foundation's $1.7 billion endowment returned a net 32.3% for the fiscal year ended June 30.
Tokyo's soon-to-launch University Endowment Fund pledges to support research but also aid U.S.-style endowment funds gain traction in Japan.
University of Kentucky renewed the contract of Fund Evaluation Group, the non-discretionary investment consultant of the school's endowment.
University of Virginia Investment Management Co.'s pool of $9.6 billion returned a gross 5.8% for the fiscal year ended June 30.
Ohio State University's long-term investment pool returned a net 1.2% for the fiscal year ended June 30, below its 7% benchmark.
University of Kansas' $1.6 billion endowment returned a net 5.6% for the fiscal year, below its benchmark return of 6.7%.
Vanderbilt University's endowment returned a net 6.7% in the fiscal year ended June 30, below its 12.6% return a year ago.
The head of Harvard’s endowment expresses displeasure with the fund's recent fiscal-year performance, but sees “indicators of progress.”