ERIC Number: ED185925
Record Type: RIE
Publication Date: 1980
Results of the 1979 NACUBO Comparative Performance Study and Investment Questionnaire.
Dresner, Bruce M.
Results of the 1979 Comparative Performance Study of the National Association of College and Business Officers are presented. The study is designed to aid administrators in evaluating the performance of their investment pools. The report covers comparative performance information and related investment performance statistics and other endowment statistics. Information is presented as of June 30, 1979, on 169 investment pools of 147 institutions. It was found that participating institutions had an average rate of return of 10.8 percent. Taking into consideration investment objectives, the pools whose stated objective was "total rate of return" outperformed those whose stated objective was "balanced." It was found that on average the larger pools (over $50 million) outperformed the smaller pools during the past year. The performance for the average investment pool for the one-year, three-year, five-year, and ten-year periods ending June 30, 1979, is presented. Section two of the report includes information concerning endowment gift giving, endowment wealth, endowment principal and income, custodial fees, option writing, etc. In appended material, the theory behind the methodology for the investment pool comparative performance computations is described, and performance calculations are explained in detail. (SW)
Descriptors: Comparative Analysis, Educational Finance, Endowment Funds, Financial Support, Higher Education, Income, Interest (Finance), Investment, Productivity, Questionnaires, Statistical Analysis, Statistical Data
National Association of Col1ege and University Business Officers, One Dupont Circle, Suite 510, Washington, DC 20036
Publication Type: Reports - Research
Education Level: N/A
Sponsor: Continental Illinois National Bank and Trust Co., Chicago.
Authoring Institution: National Association of College and University Business Officers, Washington, DC.