American Colleges’ Endowments Earn Good Returns While Korean Ones Incur Big Losses

SEOUL, Oct. 12 (Korea Bizwire) – Endowments of colleges in the U.S. earned decent returns while Korean universities suffered great losses. The Wall Street Journal reported on September 23 that “Harvard, the World’s Wealthiest University, Reported a 15.4 Percent Investment Return for Fiscal 2014.” Its performance is weaker compared with certain peers but “those returns exceeded [...]