Business Insider - The 10 best university endowment managers

College endowments have bounced back from the disaster year of 2009, according to a Commonfund-NACUB study. Endowment funds increased 11.9% in 2010, improving on a 18.7% decline in 2009. Of course that means total funds are still down nearly 10 percent in two years. (Note: This data includes withdrawals and payments, as well as investment returns.)

Last year's terrible returns were driven by a 30% collapse in the giant Harvard endowment. This year Harvard was up a meager 5.4%. We picked out the best endowment managers among funds over $500 million. McGill's John Limeburner and Alberta's Phyllis Clark made the list two years in a row.