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Harvard, the richest university, is a little less rich after a tough year in the markets

Por: The Boston Globe Business October 13, 2022

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Last year, , school leaders tempered their enthusiasm cautioning that “history teaches that capital markets give and take away.”They called back to that caveat on Thursday as Harvard reported that the value of its endowment — including investments and donations — dipped by $2.3 billion to $50.9 billion as of June 30, amid the brutal selloff in financial markets. Harvard’s investments fell 1.8 percent over the course of the year,... + full article



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