University Of Michigan Endowment Saw Modest Growth Last Fiscal Year
October 21, 2022
October 21, 2022
ANN ARBOR, Michigan, Oct. 21 (TNSres) -- The University of Michigan issued the following news release:
The University of Michigan's long-term investment portfolio, which consists mostly of the endowment, grew 2.2% in the last fiscal year.
The portfolio's performance was among the highest for large university endowments, with most reporting losses for 2022 fiscal year, said Chief Investment Officer Erik Lundberg. The average return for a college and university . . .
The University of Michigan's long-term investment portfolio, which consists mostly of the endowment, grew 2.2% in the last fiscal year.
The portfolio's performance was among the highest for large university endowments, with most reporting losses for 2022 fiscal year, said Chief Investment Officer Erik Lundberg. The average return for a college and university . . .