College Endowments Seen Posting Worst Returns Since 2009
- Funds with more than $500 million lost 0.73%, Wilshire says
- Universities set to report fiscal 2016 returns in the fall
QuickTake: U.S. University Endowments
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U.S. college endowments are poised to take the worst slide in performance since the 2009 recession.
Funds with more than $500 million lost a median 0.73 percent in the fiscal year through June 30, while endowments of all sizes lost 0.74 percent, according to results published Tuesday by Wilshire Trust Universe Comparison Service, a database provided by Wilshire Associates. The service reports quarterly on about $3.6 trillion in assets under management and 1,300 plans.