We look beneath the apparent alpha of the top-performing Large Growth funds to ask what may really be driving the returns, and what that could mean for portfolio risk.
AI
We analyze annual endowment returns to offer a plausible explanation for MIT, Stanford, and Michigan’s spectacular FY25 results. The evidence points to AI and digital-asset themes.
Using its proprietary Stylus Pro software, MPI shows that concentrated exposure to these areas is a plausible source of superior performance at Michigan, MIT and Stanford, among other schools.