Word: benchmark
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Dates: during 1990-1999
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Following on the heels of five consecutive years of higher-than-expected endowment growth, the drop over the last two-and-a-half month period was three percentage points below HMC's benchmark. The group forecasted a drop of 7 percent...
Because Harvard failed to meet its benchmark, Jack R. Meyer, president and chief executive of HMC, says he is not "surprised" that Harvard's endowment dropped by a larger percentage than endowments at some other schools...
This ransom is a big one--and likely to be the benchmark for future environmental payoffs involving private timberland. In return for 3,500 acres of ancient redwoods in Humboldt County's Headwaters Grove, the largest old-growth tract still in private hands, and 4,000 acres of additional land, most of it heavily logged, Maxxam Corp. of Houston, Pacific Lumber's owner, will get $250 million from the Federal Government and $210 million from California. At week's end there seemed little doubt that Governor Pete Wilson would sign the payment bill. Maxxam, controlled by Hurwitz, was a major...
...performed the strongest in domesticequities, where Harvard's investments returned38.5 percent versus a benchmark of 29.3 percent...
Following on the heels of five consecutive years of higher-than expected endowment growth, the drop over the last two-and-a-half month period was 3 percentage points below HMC's benchmark. The group forecasted a drop of only 7 percent...