Word: indexable
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...HMC’s best team of investors in the 185-member firm, which handles all of the University’s endowment. Over the last decade, the portion of the portfolio overseen by Select Equity has outpaced the returns of the S&P 500 index by an average of 4 percent a year...
...best of all, the mood of the consumer is apparently picking up. Way up. The Conference Board reported that its monthly index of consumer confidence rose to 117.9 in June from May's revised reading of 116.1. Wall Street economists polled by Briefing.com had forecast a reading of only...
VIVA LA BOLSA A new President in Peru and a debt deal in Argentina last week helped volatile Latin American funds rise 2.4%. But the broader story is in Mexico, which with Brazil makes up 90% or so of the region's portfolio. Brazil's stock index is down 14% since January, but as an Evergreen manager says, "Mexico is on a tear." Its export gains and slower but solid growth will drive this fidgety sector through expected summer doldrums...
...Carlisle Catholic U.S. Market Index -5.11% Russell 3000 Index...
...moment a few months ago, before Everest, when he was walking down the street in Colorado with daughter Emma in a front pack. They were on their way to buy some banana bread for his wife, and Emma was pulling on his hand, her little fingers curled around his index finger. That was a summit too, he says. There are summits everywhere. You just have to know where to look...