U.S. College Endowments Post Best Annual Performance Since 1986
- Biggest funds with at least $500 million of assets gained 34%
- Results provide some relief after pandemic curbed enrollment
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U.S. college endowments posted their strongest performance since 1986 as stocks and alternative investments surged.
The median return before fees was 27% for the 12 months through June, according to data to be published Tuesday by Wilshire Trust Universe Comparison Service. The biggest funds, those with assets of at least $500 million, did even better, with a median gain of 34%.