Word: gain
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...loss represented a 1 percent decrease for the endowment, based on Tuesday's figures. But even with a downturn in the market in July, when the Standard & Poor's 500 index fell by 3.1 percent, El-Erian said that the endowment showed a monthly gain of .4 percent largely because of the new risk management strategies in place...
...endowment's 23-percent gain was fueled largely by rapid growth in emerging markets, private equity, and real estate, according to Mohamed A. El-Erian, the president and CEO of Harvard Management Company, the University’s investment...
...next month and publish an annual report beginning next year, unprecedented moves for the historically secretive group. Given continued worries in the credit market, El-Erian warned in his annual letter to Harvard affiliates that the high returns from the past year should be viewed as including some "windfall gain" as opposed to indicating a future trend of equal performance. "It's one thing to have a good year, but it's also important to build the foundation for continued long-term institutional excellence," El-Erian said. "Most of the work here is not something that outsiders...
...Helmand, the Afghan government, going against U.S. wishes, exchanged the hostage for five Taliban prisoners. It is also alleged that another Italian, photographer Gabriele Torsello, was ransomed for $2 million last October, fueling speculation that these more recent kidnappings may be motivated by financial as much as political gain. "Rumors are going around that the Koreans are worth $1 million a head," says Parliamentarian Khalid Pashtun. "So of course this is going to encourage more kidnappings." At this point it's unclear if Meier's abductors are insurgents or simply a criminal gang going for a more lucrative target...
...lords. With no light at the end of the tunnel, she and other activists fighting for a repeal feel the laws may never change and many of the state's imprisoned - her son included - continue to languish in jail. "The movement is definitely stalled, and we're trying to gain some momentum again, but it's very hard," said O'Donoghue. "I never would have dreamed in the beginning of this that it would have taken this long to get Ashley...