Word: hmc
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...Former HMC President Walter M. Cabot also said he thought his former company had done extremely well...
Many insiders familiar with the field praised Harvard Management Company (HMC) for its success during the past year...
...Policy Portfolio indicates what the endowment would earn if Harvard invested its money according to a certain allocation guidelines. And since the endowment beat the index, HMC will call fiscal year 1994 a success...
...letter, Meyer also gave HMC's results since his arrival three years ago, when the company restructured its management and investment strategy...
According to the internal benchmark, Meyer's term has been a successful one. Over the last three years, HMC's net gain has been 12.7 percent, which outperformed the Policy Portfolio's 9.9 percent return over the same period...