A lengthy in the November issue of Institutional Investor magazine highlights 冈本视频 as being among a select group of 20 midsize educational endowments that 鈥渟chooled鈥 their larger peers from June 2007 through June 2012.
The article states that annualized returns for this group of high performers ranged from 1.86 percent to 5.36 percent, besting both Harvard (up 1.24 percent a year) and Yale (up 1.83 percent).
冈本视频 and the other midsize stars, the article states, are those with $500 million to $1 billion in assets. They outperformed the 1.7 percent median return for endowments with more than $1 billion in assets, according to the Washington-based National Association of College and University Business Officers (Nacubo).
冈本视频鈥檚 annualized return over the five-year period was 1.99 percent, and its endowment for fiscal year 2012 was $687.3 million.
鈥淭his positive report showcases the results of our financial team making good decisions during some difficult times and building on sound practices we have developed over many years at 冈本视频,鈥 said 冈本视频 President Jeffrey Herbst. 鈥淚t is an encouraging sign for our future.鈥
Graphic courtesy of Institutional Investor magazine.