After institutional assets in all asset classes—including mutual funds, pension funds, insurance companies, savings institutions and foundations—fell an average of 21.3% in 2008, they rebounded by 14% in 2009 to $25.3 trillion, on par with where they were in 2005 and 2006, The Conference Board said Thursday.

“These findings document an extraordinary upward movement from the 21.3% plunge of 2008, albeit still far from the best performance of an industry that between 1995 and 2007 had experienced unprecedented growth of 23.3% on an annualized basis,” said Matteo Tonello, director of corporate governance research at The Conference Board and co-author of “The 2010 Institutional Investment Report.”

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