Word: calverts
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...mayor of Detroit, Coleman Young copes mainly with tedious municipal problems. But last January the monotony was interrupted: a paternity suit named the 71-year-old Young as father of Joel Loving, 6, born in 1982 to Annivory Calvert, 34. She claimed Young was her exclusive lover from 1981 to 1987. Twice divorced and unmarried, Young handled the allegation deftly. True, he was needled with jokes like the bumper sticker that said HONK IF YOU'RE MAYOR YOUNG'S SON. Still, after three blood tests indicated paternity, Young vowed to live up to his responsibilities. So the story faded...
...provides seniors with the opportunity to use their position as potential class gift contributers for the expression of their dissatisfaction with Harvard's South Africa investment policies. Since 1983, alumni and seniors have continued to contribute to E4D--money which is invested in socially responsible companies by the Calvert Group...
...letter from Department Chairman Calvert Watkins said that the University is investigating allegations that Professor of Linguistics Susumo Kuno sexually harassed a female graduate student. The letter was sent to graduate and undergraduate students as well as faculty members in the department...
...investment funds have grown from $102 million in 1982 to $450 million this year, while the ranks of their investors have swelled from 22,000 to 66,000. The assets of the Pax World Fund, for example, climbed during that period from $7 million to $50.2 million, and the Calvert funds grew from $2.5 million to $146 million...
While investment decisions colored by considerations other than financial merit may seem chancy, the socially oriented funds are so far performing about as well as the rest of the market. According to Lipper Analytical Securities, which tracks mutual funds, the total return on Calvert's Social Investment Managed Growth Portfolio for the year ended Sept. 30 was 28.6%, a bit more than the average 27.4% for standard growth-and-income funds. Says John Guffey, executive vice president of the fund: "Our record has shown that we can do at least as well as broad-based averages...