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Post by Pakachoag Phreek on Nov 4, 2022 7:22:53 GMT -5
Endowment lost about 4.5 percent in value, and as of Jun 30th, was just under $1 billion.
Ivy League schools:
Yale: increase of 0.9 percent
Penn: flat
Harvard and Cornell: drop of 1.3 percent
Princeton: drop of 1.6 percent
Dartmouth: drop of 3.1 percent
Brown: drop of 4.6 percent
MIT: drop of 5.3 percent
Columbia: drop of 7.6 percent
BC, a drop of about 0.4 percent
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Post by WCHC Sports on Nov 4, 2022 8:18:20 GMT -5
A 4.5% drop (not speaking about the total dollars, just relative value) isn't terrible. Look at your 401k. It probably did much worse! The S&P 500 is down over 20% YTD.
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Post by newfieguy74 on Nov 4, 2022 8:29:00 GMT -5
A 4.5 % drop isn't surprising or alarming. Let's hope for a big bounce when the market stabilizes.
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Post by bison137 on Nov 4, 2022 13:21:36 GMT -5
A 4.5% drop (not speaking about the total dollars, just relative value) isn't terrible. Look at your 401k. It probably did much worse! The S&P 500 is down over 20% YTD. But the S&P 500 was down only about 4% for the fiscal year ending June 30th. |
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Post by longsuffering on Nov 4, 2022 13:50:52 GMT -5
A 4.5% drop (not speaking about the total dollars, just relative value) isn't terrible. Look at your 401k. It probably did much worse! The S&P 500 is down over 20% YTD. But it was down only about 4% for the fiscal year ending June 30th. How did Bucknell do? |
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Post by Pakachoag Phreek on Nov 4, 2022 16:17:28 GMT -5
But it was down only about 4% for the fiscal year ending June 30th. How did Bucknell do? Lafayette is the only other PL school to report, --nearly a 6 percent drop in value. (I didn't check AU or Loyola.) ---------------- And to clarify, the endowment value for most schools is for the fiscal year beginning July 1 [2021] and ending June 30 [2022]. |
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Post by sader1970 on Nov 4, 2022 17:09:06 GMT -5
And to think, one individual can exceed $1 billion with just 6 right numbers tomorrow night. Well, that's before taxes and if you string it out over years which I don't think anyone ever does but, hey, you never know. Bringing home $400+ million isn't bad. Remember, "you can't win if you don't play."  |
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Post by timholycross on Nov 5, 2022 10:26:51 GMT -5
A 4.5 % drop isn't surprising or alarming. Let's hope for a big bounce when the market stabilizes. Yeah, not a joke but not bad, considering. |
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Post by sader1970 on Nov 6, 2022 14:02:24 GMT -5
No mention of this at PC dinner last night.
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Post by hcsaderfan on Nov 6, 2022 15:19:58 GMT -5
I'd be curious to see how the portfolio has done post-outsourcing the investment office and endowment management. For the better or for the worse?
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Post by Pakachoag Phreek on Nov 7, 2022 18:16:17 GMT -5
A 4.5% drop (not speaking about the total dollars, just relative value) isn't terrible. Look at your 401k. It probably did much worse! The S&P 500 is down over 20% YTD. But the S&P 500 was down only about 4% for the fiscal year ending June 30th. On June30, 2022, the S&P 500 was down about 12.5 percent from its value on July 1, 2021/ |
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Post by Pakachoag Phreek on Nov 7, 2022 18:19:17 GMT -5
I'd be curious to see how the portfolio has done post-outsourcing the investment office and endowment management. For the better or for the worse? Better. The endowment persistently underperformed compared to peer institutions during the tenure of the Chief Investment Officer, who resigned to take a position with a high school in Worcester. The endowment is now managed by the Investment Committee of the Board of Trustees. |
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Post by longsuffering on Nov 8, 2022 1:00:38 GMT -5
In related news math SAT scores have dropped at that high school.
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