UVa endowments remain strong despite poor national returns - The Daily Progress: News

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UVa endowments remain strong despite poor national returns

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Posted: Monday, February 4, 2013 8:43 pm

Despite poor investment returns for college endowments nationally, the University of Virginia’s endowment grew slightly last year, according to a new report.

College endowments slipped 0.3 percent last fiscal year, following a 19.2-percent surge in fiscal 2011, according to a survey by the Washington-based National Association of College and University Business Officers.

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