VU investments spared worst of market crash

By Geert De Lombaerde Posted on September 25, 2009 at 12:49 am

Vanderbilt investment chief Matthew Wright says his team ended its fiscal year down about 16 percent, some 12 points better than the S&P 500 did in the year ended June 30. Early this year, Wright said the torrid market action of last fall had sucked 16 percent out of Vanderbilt’s endowment, which includes other assets.