"I am pleased that my proposed nomination received a positive reaction from finance ministers and governors of several countries from all regions, " he said.

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Martin Dorph, the university's senior vice president for finance, attributed the relatively positive performance to the endowment's conservative asset allocation.

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Scotland's Finance Secretary John Swinney highlighted the positive aspects of the latest figures.

BBC: Scots jobless rate rises above UK

Scottish Conservative finance spokesman Gavin Brown described the figures as "positive news for business in Scotland", arguing that it showed how strong Scotland could be as part of the United Kingdom.

BBC: Scottish economy grows by 0.5%

This lower price has a positive domino effect on five-year ownership, allowing for lower depreciation, finance and other associated costs.

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"We will be watching closely to see if this has any positive impact for new and growing businesses, which have largely been frozen out of the market for finance in recent years, " said BCC policy director Adam Marshall.

BBC: Funding for Lending scheme aims to cut loan costs