Yale University announced its annualized gains of 6.8% for the year ending June 30 and growth just shy of $1 billion in assets.
By comparison, in 2019, Yale saw investment returns of 5.7%.
In a year when a number of public pensions have reported even lower single digit returns, Yale’s gains standout albeit being less than historical norms for the $31.2 billion endowment.
Officials in an announcement added that the university targets a minimum allocation of 30% of its portfolio to market-insensitive assets (cash, bonds and absolute return . . .
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