Word: inreal
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Dates: during 1990-1999
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Harvard invests 7 percent of the endowment inreal estate and 15 percent in private equities,according to the strategy set forth in its policyportfolio...
...last 10 or 20 years have seen a decline inreal revenue," says DeMay. "The trustees felt itwas time to set up a plan with which WHRB canreverse the downturn and start the upturn...
Critics of the management company were not asoptimistic, however. One finance expert close toHMC said last night that, despite a poor market inreal estate and commodities, Harvard's performancehas lagged behind the industry average...
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