endowment performance

University endowments are at a crossroads

“Thanks to their high exposure to private markets, endowments have been sheltered from the worst effects of the market sell-off,” writes Pitchbook’s James Thorne, using MPI’s research. ”It will take several months, or even longer in the case of venture capital funds, for public and private asset prices to reach an equilibrium, assuming stocks and bonds remain depressed.” Please read full article here.

2022 Endowment Saga: How the Mighty Have Fallen

Most endowments have been propped up by a similar concentration in private assets. The ones that suffered the worst, however, couldn’t have been more different in their approach.

UPenn’s FY 2022 Zero Return: A Balancing Act

MPI is continuing its long tradition of bringing you special insights into the true drivers of endowment performance and risk. Stay tuned for the launch of our new Endowments research hub, and exciting daily updates throughout the FY2022 reporting season.

MPI Announces 2022 Fiscal Year Performance Projections for Major Endowments

MPI Research team projected Ivies to have an average loss of -2.9%, with Yale potentially gaining 2.4%. Larger endowments ($1B or more) expected to lose 5.4%, while smaller endowments’ ($500M-$1B and $100M-$500M) losses will be higher at -7.2% and -7.4% respectively. These projections represent a valuable data point for CIOs looking for peer comparisons while valuing their portfolios. Read the entire report below:

The Summer of Their Discontent: FY2022 Endowment Performance Projections | Markov Processes International

MPI Announces Key Drivers of Performance at Bowdoin, Harvard, and the University of Pennsylvania

Institutional Investor features MPI’s latest research series on university endowments in fiscal year 2021. In the article, Co-founder and CEO Michael Markov discusses how asset allocation played a far more important role in returns than manager selection.