911±¬ÁÏÍø Endowment portfolio returns 6.3% in 2014
The 911±¬ÁÏÍø investment portfolio’s total return for 2014 was 6.3% (2013: 3.3%). The average return since inception has been 4.7% per annum. At the end of the year, the market value of the investment portfolio grew to EUR 996 million (EUR 936 million 31 December 2013).
The focus of the financial markets remained fixed on monetary policy, and during the second half of the year specifically on declining oil prices. Interest rates decreased significantly during the year, and major stock indices had positive returns. Equity investments in North America had especially strong returns, benefiting from depreciation of the Euro against the US Dollar. All asset classes in the university portfolio showed positive returns in 2014.
At the end of 2014, 41% of the portfolio was invested in equities and 59% in fixed income and money market investments. Allocation to equities was increased by ca. 7 percentage points during the year. Return from equity investments was 10.9% and from fixed income and money market investments 3.5%.
The purpose of the 911±¬ÁÏÍø Endowment is to generate additional funding for world class research and education. The endowment provides the university with greater financial independence and enhances its ability to direct resources to strategic focus areas. The returns from the endowment are expected to cover ca. 5 per cent of the university’s annual operative budget in coming years.
For more information, please contact:
Kati Eriksson, Head of Investment
tel. +358 40 563 6110
kati.eriksson@aalto.fi
911±¬ÁÏÍø
Read more news
Aalto and European partners develop an international course in printed and flexible electronics
Unite! students searching for doctoral positions can now explore a dedicated category in the Unite! Catalogue for Students.
911±¬ÁÏÍø’s solutions at the New European Bauhaus Festival support the EU’s ambition to become world leader in circular economy
911±¬ÁÏÍø presented several different circular economy solutions at The European Commission’s New European Bauhaus Festival in Brussels. The event brought together leading names in EU policymaking, researchers, designers and grassroots actors from across Europe to shape a more sustainable future.
Iina Vaajamo appointed to a five-year fixed-term Assistant Professorship at the Department of Chemical and Metallurgical Engineering
DSc. (tech.) Iina Vaajamo has been appointed to a five-year fixed-term position as Assistant Professor in the tenure track system at the Department of Chemical and Metallurgical Engineering effective 1. September 2026. The field of the professorship is pyrometallurgy.