Emory’s endowment compare to peer institutions in size and return performance?
Thanks to a legacy of generosity from alumni and friends, Emory University’s endowment is one of the nation’s largest. Over the past 10 years, Emory’s endowment has grown by $2.3 billion, reaching $4.3 billion as of August 31, 2005. According to a recent survey by the National Association of College and University Business Officers (NACUBO), Emory’s endowment, earning 10.3% per annum for the previous 10-year period, outperformed the national median endowment return by 1.0 percentage point per annum. Emory’s endowment was the eleventh largest in the 2005 NACUBO survey of college and university endowments. How are investment decisions made? Within the investment guidelines and asset allocation policy approved by the Investment Committee of the Board of Trustees, Emory Investment Management develops investment strategy and makes decisions regarding the managers appropriate to implement strategy. Investment strategy is developed through a fundamental assessment of the underlying economic a
