Word: belowhmc
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Dates: during 1990-1999
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...internal HMC documents obtained by TheCrimson suggest that during the five year periodbetween 1986 and 1991, Aeneas' compound annualreturn averaged only 5.4 percent. That would putthe high risk division's returns not only belowHMC's internal benchmark of 11.1 percent for thatperiod, but below the 6.9 percent for that period,but below the 6.9 percent a very safe and highlyconservative investment in 10-year U.S. TreasuryNotes would have brought...
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