I am pleased to report that as we closed fiscal year 2019. the Total Endowment achieved top-quartile performance relative to other endowments, returning 7.3 percent for the fiscal year ending June 30, 2019.
With its investment portfolio benefiting from a strong performance distributed access asset classes, Brown University’s endowment significantly outperformed its benchmarks with a 12.4% return during Fiscal Year 2019.
The endowment’s value was $40.9 billion as of this past June 30, the end of fiscal year 2019—an increase of $1.7 billion (4.3 percent) from $39.2 billion a year earlier.
Performance-based compensation continues to be a key component of pay for investment staff at private foundations and university endowments, according to a recent study.
Investors must be diligent in preparing against extreme risks and their potential for high impact on global economic growth and returns as non-financial risks take an increasingly significant role, a report shows.
Consequences of climate change and stranded assets must be incorporated into investment portfolios as a risk factor to protect against future downside dangers.
Foundations and endowments need to eliminate biases in their governance and investment processes to unlock more opportunities for women and minority investment managers.