While endowments and foundations had a strong fiscal year overall, the dispersion between the best and worst performers was huge as more outsourced chief investment officers enter private market assets and try different strategies.New research from OCIO Analytics shows that the median return among 712 endowments and foundations in its peer universe was 15.3 percent for the 12 months ended June 30. Meanwhile, the 25th-percentile institutions returned 18 percent, and the 5th-percentile allocators...
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