Word: benchmarkã
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...theoretical portfolio set by HMC specifying allocations and setting performance goals among a mix of asset classes. But certain individual assets have performed well. The report noted that the value of Harvard’s real asset holdings fell by 37.7 percent—slightly less than the benchmark??and that internal emerging markets and international fixed income teams outperformed their benchmarks as well...
Harvard agreed to the current arrangement in 1990. That agreement served as the framework for the Watertown deal, but now both Sullivan and Galluccio hope Harvard’s dealings in Watertown will serve as the “benchmark?? for future negotiations between Cambridge and the University...
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