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...diversified investment model that it has long championed. Mendillo pointed out that even slumping assets such as private equity have delivered high returns when annualized over the past few years. If HMC had simply invested its portfolio in a 60/40 ratio of stocks and bonds 10 years ago, the endowment today would be $18 billion smaller, she wrote...
...postings may be the result of delaying postings to provide a safety net for those who might later face layoffs. But when asked about the hiring spike, University spokesman Kevin Galvin pointed out that the number of jobs currently available at Harvard is 30 percent less than a year ago, and that Harvard hiring is cyclical and tends to be higher during the academic year. Galvin emphasized that laid off union workers will receive full pay and benefits through November, and that University case managers are continuing to aid affected employees in finding new jobs. Jason Gerdom, a HUCTW member...
...said Mitchell, who serves as co-chair of the Harvard Association of Black Faculty, Administrators and Fellows. “I hope that I can help [the administrators] better communicate what they do.” FAS communications, which separated from the University news office ten years ago, is now returning to its former home, according to Longbrake. The merging will likely save costs, such as the lease for the FAS communication office’s space on Bow Street, he added. Though Smith has noted the cost-effective aspect of the merging, FAS will continue...
...album best characterized by a boyish whim and charm. His music is easy to like but also offers diverse elements of musical sophistication, giving him a universal appeal. Lerche released his first full-length album, “Faces Down,” in his native Norway eight years ago, and since then he has steadily acquired a devoted and loving fan base. He was brought to a wider audience in North America by his work on the “Dan in Real Life” soundtrack, released in 2007. Throughout his career, the singer-songwriter has dabbled...
...kind of service, a new kind of civic engagement; that people are becoming kind of citizen consumers, and that is related to this idea of service. The President: Well, I think you especially see that in the next generation, even among our daughters. I remember Malia maybe three years ago - she was eight or seven - said, you've got to get a hybrid because this is polluting the air and killing polar bears. And you really start seeing, I think, a level of awareness about how decisions you make, about where you shop or what car you drive...