Can Harvard Endowment Get Its Groove Back?

Harvard's endowment, still the largest globally, has not fully recovered from the financial crisis. The new endowment chief, Stephen Blythe, faces challenges in managing the $36.4 billion fund, which is still below pre-crisis levels. Unlike other universities, Harvard's investments in emerging markets and private equity have underperformed. The university has reduced its exposure to natural resources and commodities, while increasing its focus on private equity. Despite seeking a different kind of investor, Harvard appointed Blythe, an insider and statistics professor, to lead the endowment.

Which university among the Ivies has not yet recovered its endowment losses from the financial crisis?

• Harvard

• Yale

• Brown

• Duke

What was one of the factors that caused a nominal drag on Harvard's endowment performance?

• High exposure to technology stocks

• Emerging markets exposure

• Increased real estate investments

• Reduction in bond holdings

How has Harvard's exposure to commodities changed in recent years?

• Increased to 15%

• Maintained at 10%

• Reduced to 0%

• Increased to 20%

What percentage of Harvard's endowment is currently allocated to private equity?

• 10%

• 20%

• 15%

• 18%

What is Steven Blythe's area of expertise that might influence his role as the new head of Harvard Management Company?

• Real estate

• Public markets

• Commodities

• Cryptocurrency