UPDATE on Performance Reports for UC's External Investment Managers

by Charles Schwartz, UC Berkeley           February 2, 2007

Data as of 12/31/06

SUMMARY of Performance over the last 6 months:

     Out of the 46 external investment management firms, handling a total of $17 Billion in funds for UCRP and GEP,
only 18 of them (39%) exceeded their assigned benchmarks and 28 (61%) fell below their benchmarks in performance.
This is a significantly worse record of performance than the poor results previously noted for the 2005-2006 fiscal year.