The Uphill Slog Facing Operating Endowments
A newly released study of institutional endowments points to significant challenges ahead for managers of these funds and the institutions they support.?
?
Long considered the gold standard for benchmarking performance returns across 678 college, university and education-related endowments representing over $800 billion, the NACUBO-TIAA annual study stands as a kind of proxy for institutional investor performance. Here are key takeaways from the study (which is for the fiscal year ended June 2022):?
?
?
?
?
?
?
For more on the topic, I invite you to explore NACUBO’s overview of the study.?