Endowments in 2024 Got a Good Grade.The Flaw: A Lousy 2022. - Barron's

1. U.S. endowments averaged an 11.2% rise through June 30, 2023. 2. Poor 2022 performance continues to affect three-year gains, at 3.4%. 3. Smaller funds outperformed larger ones due to higher public stock allocations. 4. Endowment spending rose to $30 billion, a 6.4% annual increase. 5. Tariffs and economic policies could indirectly influence stock markets, including APP.