CHANGE: Harvard Endowment Cuts Eight Positions in Public Equity

Harvard Management Company (HMC), the manager of Harvard University’s massive endowment, announced the cutting of eight positions in the public equities trading unit. HMC struggles performance-wise and is consistently lagging behind a number of its peers (Yale, MIT, Stanford and Princeton) in investment performance for fiscal year 2015. Sometimes higher salaries per endowment executive and having a large internal team does not equate with overall returns.

SWFI U.S. Endowment Rankings | HMC Profile

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute
 
institutional investor investment mandates