[1468] in Discussion of MIT-community interests
Harvard fund up 12.5% in year
daemon@ATHENA.MIT.EDU (Vladimir Fleurima)
Tue Sep 30 13:22:55 2003
Date: Tue, 30 Sep 2003 10:33:00 -0400
From: Vladimir Fleurima <majin@MIT.EDU>
To: MIT-Talk@MIT.EDU
"Most big funds farm out all their investments to professional money manage=
rs. To keep its talent, Harvard Management pays Wall Street-sized salaries.=
In a good year a few of its top money managers can earn more than $10 mill=
ion."=20
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The following appeared on Boston.com:
Headline: Harvard fund up 12.5% in year=20
Date: 2003/09/24
"Once again, the rich get richer. Harvard's $19.3 billion endowment,
the largest in the country, yesterday reported that its investments
grew by 12.5 percent in the year ended June 30, a performance that
ranks among the best in the nation."
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To see this recommendation, click on the link below or cut and paste it
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http://www.boston.com:80/news/education/higher/articles/2003/09/24/harvard_=
fund_up_125_in_year
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