The always highly anticipated annual university endowment results for fiscal 2021 (FY 2021) were released in February, triggering the usual flurry of articles in the financial media. These results received a great deal of attention, largely because of the uniquely strong returns. In our new white paper, “Higher Education Endowment Results: Reflections on Recent Returns and Outlook for the Future”, we aim to:
- Explain the context for the strong returns, focusing on the asset classes that drove this outcome
- Give our perspective on the outlook for market returns in the coming years
- Discuss some of the key investment tenets that, we at TIFF, believe contributed to strong outperformance from some select institutions
