💰Harvard’s endowment CEO disappointed with 8.1 percent gain.
CAMBRIDGE, Mass. (AP) — The chief of Harvard University’s endowment says he’s disappointed with the school’s latest investment results. An annual report released Tuesday says the nation’s largest endowment posted an investment return of 8.1 percent in fiscal year 2017, reaching a value of $37.1 billion. It’s a strong improvement over the endowment’s 2 percent loss last year but falls short of gains recently reported by other major schools. seattlepi.com