Brown University Posts 13.4% Investment Return
- Endowment fund’s value was $3.5 billion at end of June
- Ivy League school’s annualized 10-year return is 5.2%
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Brown University said it posted a 13.4% investment return in fiscal 2017, buoyed by strong performance in global equities.
The value of the fund rose 9 percent to $3.5 billion. Annualized returns for five and 10 years are 9.1 and 5.2 percent, respectively, the Ivy League school said Tuesday in a statement. Brown is the fifth of eight Ivy League members to announce investment performance.