Asset Management Culture
Ivy League Endowments Underperform 60-40 Portfolio Again
Average university returns fall short of a passive portfolio over one- and 10-year periods.
Tag: Harvard
Why Wild and Crazy Bitcoin May Become a Pension Portfolio Fixture
Retirement funds and other institutions are gradually warming to cryptocurrencies.
Asset Management Culture
Australia’s IFM Investors Targets Net Zero Goal by 2050
The $114.6 billion fund joins a growing list of pensions and endowments aligning with the Paris Agreement target.
Asset Management Culture
Harvard’s Endowment Returns 7.3% for the 2020 Fiscal Year
The university cautioned the strong returns may not be enough to blunt the financial impact of the pandemic.
Asset Management Culture
Harvard Says It’s Not Planning Layoffs, But Offers Early Retirement Packages
Other cost-saving proposals at endowment champ: voluntarily reduce vacation time or work hours.
Asset Management Culture
Harvard Forecasts Big COVID-19-Related Losses and Enters Cost-Saving Mode
University projects a $750 million revenue shortfall in FY21 in light of the economic fallout of the coronavirus.
Asset Allocation
Harvard Adopts Goal for ‘Net-Zero’ Greenhouse Gas Emissions by 2050
Directive for $41 billion endowment stops short of fossil fuel divestment demanded by faculty.
Manager Selection
Harvard Restructuring Shows Signs of Progress
Despite disappointing returns, CIO Narvekar says there is ‘some good news.’
Alternatives
Harvard Faces Protests over Its Amazon Land Holding
Activists are urging the university to sell its stake of land near the Brazilian rainforest.
Newsmakers
Harvard, Penn Endowments Return 6.5% Each, Duke Returns 6.9%
Endowments facing ‘economic headwinds’ in 2019.
Newsmakers
Al Gore Calls on Harvard to Divest from Fossil Fuels
Former US vice president says alma mater’s investments a ‘moral issue.’
Asset Allocation
Op-Ed Scolds Harvard’s ‘Rapacious’ Land Investments
Former overseer Kathryn Taylor, two student advocates call for a ‘new direction’ for endowment investments.
Newsmakers
Harvard Activists Call for Fossil Fuel Divestment
Students, faculty, and alumni mark Earth Day by kicking off ‘Heat Week.’
Corporate Moves
Harvard Endowment Poaches Columbia COO Sanjeev Daga
Daga is reunited with Harvard Management Co. CEO Narv Narvekar.
Risk
Harvard ‘Not Pleased’ with 2018 Performance
CEO Narv Narvekar says it will be a few years before restructuring results will be seen.