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Harvard posts investment gain in fiscal 2023, endowment stands at $50.7 billion

Harvard University's endowment fund, the world's largest university endowment, posted a small investment gain that bested several other top U.S. universities' returns but saw the value of the fund shrink as more was paid to university operations. Harvard Management Co said on Thursday that it earned a 2.9% return in the fiscal year that ended June 30, leaving the total endowment at $50.7 billion. Returns from these schools are watched closely because they pioneered putting money into hedge and private equity funds. ....

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Top of the class: Hong Kong students get boost to Ivy League chances from child prodigy who qualified for 25 of world's top universities

With the number of Hong Kong students applying to top US universities surging, a former child prodigy has set up a company to help them chart a course through the complex application process. ....

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