Columbia Endowment Return of 3.8% Is Lowest in Ivy League So Far
- School’s investment office has lost a CEO and CIO since 2016
- Performance has slipped at big endowments across the board
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Columbia’s endowment, which is smarting from turnover of its leadership, posted the lowest return so far among Ivy League rivals.
The university returned 3.8% in fiscal 2019, it said in a statement Tuesday. That compares with 9% in 2018. Seven of eight Ivy League schools have reported.