Word: indexers
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...hasn't hurt that Hong Kong stocks have been on a tear. The benchmark Hang Seng Index repeatedly set new all-time highs in the latter part of 2006, gaining 34% for the year. The rally got a big boost from an influx of investors hoping to cash in on the appreciating yuan by buying shares in mainland companies. The Hang Seng China Enterprises Index, which includes only China stocks, soared...
Harvard, overall, has one of the most productive faculties in the nation, with nine of its departments beating out departments at other universities, according to results from the Faculty Scholarly Productivity Index released to the Chronicle of Higher Education this week. However, some high profile departments at Harvard did not even crack the list of the top 10 departments of their kind...
...Productivity Index, developed by the Academic Analytics company, bases its rankings on how many articles and books the professors in a given department publish. The rankings also take into account journal citations, grants, awards, and honors given to department professors...
...shortly thereafter promising to cut ties with oil giant Sinopec as well, Harvard’s stake in the two companies has actually increased from $10.1 million to $15.7 million. The current holdings come as a result of Harvard’s investments in two index funds managed by the British investment bank Barclay’s. If Harvard wishes to live up to its promise of divestment, it should sever even indirect ties to corrupt firms like Sinopec and PetroChina and remain vigilant to avoid future investments in these companies...
HARVARD STILL HOLDS SUDAN STAKE: Through index fund, school owns estimated $6.6 million in PetroChina, Sinopec stock...