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Harvard University endowment reports 'disappointing' 8.1% return

For years, Harvard differentiated itself from other schools with an extensive internal team.

DESCRIBING the results as "disappointing", Harvard University reported on Tuesday that its US$37.1 billion endowment earned an 8.1 per cent return for its most recent fiscal year.

The endowment's new chief executive, NP Narvekar, said that the fund was in the middle of a major revamping...

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