CHICAGO–(ENEWSPF)–October 13, 2016. The University of Chicago endowment ended the year at $7.1 billion as of June 30, 2016, following a negative 1.9 percent return on investments for the preceding year as global stock markets declined by 5.3 percent. This performance was above the negative 2.9 percent median return of peer endowments.
Vice President and Chief Investment Officer Mark Schmid said investment returns have added $4 billion in net value to the endowment since the…
