Big endowments see solid returns for year

Lynn Russo Whylly's picture
Thursday, October 17, 2013

Many of the largest college and university endowments are reporting returns in the low double digits for their fiscal year ended June 30, easily outperforming their year-earlier performance.

“The performance numbers so far have been pretty consistent,” said Mark Brubaker, a Pittsburgh-based managing director of Wilshire Associates.

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