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...Harvard’s endowment or Cambridge’s pension fund, and cannot cause real change. This conclusion is backed up by empirical studies. An August study from the Center for Retirement Research at Boston College surveyed the academic literature and found that such “social investing?? has no effect on the stock prices of targeted companies...

Author: By Daniel P. Robinson | Title: Forget About Divestment | 12/17/2007 | See Source »

While Harvard was praised last spring for firing the first salvo and taking a leading role, after almost a year Harvard lags far behind other institutions in the scope of its decision. If Harvard is to remain a leader in the field of ethical investing??or an ethical investor at all—the University must establish both a set of ethical investment standards and a proactive system to check that such standards are being...

Author: By Manav K. Bhatnagar and Benjamin B. Collins | Title: Towards a Coherent Divestment Policy | 2/17/2006 | See Source »

...price of natural gas had fallen sharply in the period before Harvard began investing??down from $2.82 per million BTUs (MMBtus) to $1.45 per million in October 1986—and HMC saw the market as overly depressed and hoped to invest at the bottom...

Author: By Jenifer L. Steinhardt, CRIMSON STAFF WRITER | Title: Harvard Investors Call Harken Deal Clean | 11/21/2002 | See Source »

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