Three Decades of Consistent Leadership Prove Well for University of Notre Dame Endowment
Posted on 11/08/2019
South Bend residents and students
can be proud of Notre Dame’s accomplishments on the football field this year, with a number 8 ranking in the polls as October rolls to an end.
Equally satisfactory are Notre Dame’s investment returns, with a 7.2% return for the 2019 fiscal year ending in June and a 12.2% return for fiscal year 2018.
Notre Dame has brought in an annualized return of 10% a year over the last 20 years.
The endowment
has now risen to nearly US$ 14 billion.
Notre Dame puts over 43% of its assets into stocks.
Another 30% is in private equity.
The remaining 26% is in multi-strategy investments.
The university
stands by its actively managed fund in the face of robo-advising and passive investing strategies,
claiming that US$ 8 billion was made by beating their benchmark over two decades. As a result, US$ 154 million will be allocated to student financial aid in 2019.
Ten years ago, that amount was half of the current figure.
Scott C. Malpass, Vice President and Chief Investment Officer, adds that the Notre Dame endowment is nearly a century old. The school itself is 175 years old.
University of Notre Dame.
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