In the year to June 2009, the value of the assets held in the Harvard and Yale endowment funds fell by over 25 per cent.

截至2009年6月的一年里，哈佛和耶鲁捐赠基金所持有的资产价值缩水25%。

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It is well known that some institutions, notably Harvard, have benefited greatly from putting top-notch managers in charge of their endowment funds.

众所周知，一些象哈佛这样的学校从顶尖管理者的捐赠资金中受益匪浅。

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During the '50s and '60s, the endowment funds of Harvard, Princeton and Yale owned bonds, as did most corporate and state pension funds.

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