2023 01 17
VU Foundation's investments successfully navigated a challenging 2022
The VU endowment fund announces its investment management results for Q4, 2022. According to Justinas Noreika, CEO of the VU Foundation, 2022 was a successful year: with the stock and bond markets falling by double-digit percentages, the VU Foundation closed the year with a relatively small loss of -0,3%, while Q4 has already been marked by a +5,8% growth.
"The loss was mitigated by timely selling of shares at a virtual peak and the acquisition of cheaper bonds, higher cash during the year, as well as a significant proportion of alternative investments with a lower correlation to equity markets," says Justinas Noreika, CFA.
View as PDF (updated 25/04/2023) here.
Members of the VU Foundation's Investment Board, responsible for professionalism and performance: Alius Jakubėlis (Chairman), Šarūnas Barauskas, Mindaugas Mažeikis, CFA, prof. Konstantinas Pileckas, Paulius Kunčinas, and Tomas Krakauskas.
2023 11 15
Family of Dr Algirdas Juozapavičius Donates EUR 100,000 to Vilnius University's Endowment Fund
2023 10 23
‘ACME Group’ Invests €100,000 in the Vilnius University Endowment Fund
2023 10 19
Fixed-income investments as a priority for Q3, 2023
2023 09 07
I. Jurkonytė, Š. Šavėla and M. Norkūnaitė Have Won the Co-financing Competition of the VU Foundation