Yale endowment soars 11.5%, tops Harvard performance

Image source: Michael Marsland | Yale University

Yale University's endowment grew 11.5 percent for the year ending June 30, edging about both rival Harvard's 5.8 percent performance and the returns in the broader market.
During the same period, the S&P 500 rose 4.55 percent.
Meanwhile, Yale's endowment grew $2.6 billion to $25.6 billion, it announced in a release.