SEC Bags Almost $4 Billion in Fines for Fiscal 2018
Most disgorgement payments came from the Petróleo Brasileiro SA case.
Most disgorgement payments came from the Petróleo Brasileiro SA case.
Reaches all-time high of $8.2 billion, but misses 8.3% median return among colleges and universities.
An 8.1% total return sees the institution’s asset growth beat most benchmarks.
CEO Narv Narvekar says it will be a few years before restructuring results will be seen.
Endowments surpass median, mean returns for colleges and universities.
Improved performance still lags other major universities.
The Public Investment Corp. approaches $150 billion.
The $13 billion endowment pool has demolished the 20-year benchmark.
But gains are down from previous year’s 14.6%. Domestic stocks, private equity did the best.
Preliminary fiscal-year returns add $6.8 billion to fund.
Strong equities helped drive fund in fiscal Q3.