Endowments post strong returns in fiscal 2021, early data show

Image:  College and university endowments posted their strongest annual performance in 35 years, according to new data from Wilshire Trust Universe Comparison Service reported by Bloomberg. The median return before fees was 27 percent in the 2021 fiscal year, which ended on June 30. By comparison, U.S. college and university endowments saw a 2.6 percent median return in fiscal year 2020 and a 6 percent median return in fiscal year 2019. College endowments of at least $500 million -- of...