College Endowments Gain 2.4% in Worst Showing Since 2012

  • Natural resources, commodities hurt performance, survey says
  • Harvard, Yale, University of Texas are top in fund values

U.S. college endowments suffered the worst annual performance in three years, dragged down by tumultuous equity and bond markets, plummeting oil prices and economic weakness in Asia, according to an industry survey released Wednesday.

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