Endowment Gains Still Trailing Equities Markets | The NonProfit Times

Endowment Gains Still Trailing Equities Markets | The NonProfit Times: Endowments of the nation’s colleges and universities rebounded last year from negative returns in 2012 to gain nearly 12 percent but still trailed one-year returns for most major indices. The 10-year returns for smaller endowments — those with less than $1 billion in assets — continued to lag their targets.