Photographer: Kevork Djansezian/Getty Images

Seven College Endowments Report Annual Losses in Choppy Markets

By
Janet Lorin
  • University of California, Ohio State each declined 3.4%
  • Markets were ‘bit of a bloodbath,’ California’s Bachher says

Seven public U.S. university endowments with assets of more than $1 billion including the University of California reported fiscal 2016 investment losses as lackluster economic growth and volatility drubbed markets.

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