CHANGE: Harvard Endowment Cuts Eight Positions in Public Equity

Posted on 05/16/2016

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 […]

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