MIT to put unexpected gains to work immediately

MIT announced today that unusually strong performance by its endowment will enable greater support for undergraduate and graduate students, and investment in research operations that will strengthen its capacity to advance breakthrough science and technology. The Institute’s unitized pool of endowment and other MIT funds recorded an investment return of 55.5 percent during the fiscal year ending June 30, 2021, as measured using valuations received within one month of fiscal year end — its strongest annual performance in more than 20 years. At the end of the fiscal year the…

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