Endowment and investment strategy
The endowment supports the sustainable funding of Aalto University’s operations, research, education and innovation.
Aalto University endowment returned 3.2% during first half of 2023
Endowment provides EUR 34 million to fund research and education this year
The endowment provides EUR 34 million funding to university operations in 2023. This funding continues to secure high-quality education and research activities to compensate for the long term erosion of the university public funding base. Spending from the endowment is guided by a spending policy and the level of annual spending is based on the long-term expected return of the endowment portfolio.
During the first half of 2023, the university endowment portfolio return was 3.2%. At the end of June, the average return of the portfolio since inception in 2010 was 5.3% per annum and market value of the endowment portfolio was EUR 1 321 million.
The first half of the year was dominated by strong recovery in the financial markets driven by declining inflation and growth worries. This led to positive returns on listed equity and bond markets. Private equity and credit investments had negative contributions driven by currency movements.
| Allocation 30.6.2023 | Return 1-6/2023 | Annual return since inception (05/2010) | |
| Risk free | 3.5% | 0.8% | 0.9% |
| Interest rate risk | 5.5% | 1.9% | 0.7% |
| Credit risk | 14.5% | -0.7% | 3.9% |
| Equity risk | 57.7% | 5.6% | 8.5% |
| Alternative risk | 18.8% | -0.1% | 1.9% |
| Aalto endowment portfolio | 100.0% | 3.2% | 5.3% |
Unaudited figures.
Contact:
Chief Financial Officer Marianna Bom
+358 50 575 3762, [email protected]
Head of Investments Iivo Paukkeri
+358 50 599 0906, [email protected]
Read more
- Published:
- Updated:
Read more news
Grief support group for those who have lost a loved one
In spring 2025, a support group will be organized for Aalto students and employees who have lost a loved one.
Aalto University's marine technology ranked 22nd globally
Aalto University continued its strong track record with stellar results in the highly regarded ShanghaiRanking Global Ranking of Academic Subjects.
The Dr. h.c. Marcus Wallenberg's Foundation in Finland supports the establishment of professorships at Hanken School of Economics and the School of Business
To commemorate its 50th anniversary, the Dr. h.c. Marcus Wallenberg’s Foundation for Research in Business Administration has decided to support the establishment of two endowed professorships. In addition, the foundation announces that it will significantly increase its annual support for the doctoral programme Kataja.