Asset Allocation
University of Michigan Endowment Returns 8.93% in Fiscal 2024
The university’s investment portfolio grew by $1.3 billion during the year, reaching $19.2 billion.
The university’s investment portfolio grew by $1.3 billion during the year, reaching $19.2 billion.
The Canadian pension fund’s asset value increased nearly C$12 billion for the year to June 30.
GIC also reported 5- and 10-year annualized returns of 3.7% and 5.1%, respectively.
Pension board also approves reduction in assumed rate of inflation to 2.5%.