Word: marketization
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Despite the significant size of the offers—including a $6 million bid from Chabad—the Fly was hesitant to relinquish its ownership of the property because of the scarcity of Harvard Square real estate and the sense that the real estate market is not at its peak, Powers said...
...Harvard students are having more success in the job market this year, they still report that employment is not always coming in their “dream” fields. Less than a third of students planning to work a job in finance indicated that sector as the field they would have entered if salary were not a concern. The same was true for around half of future consultants...
...fiscal year, Harvard’s endowment decreased 26 percent—roughly 11 billion dollars—due to the national market crash in the fall...
...seen in past filings, about 65 percent of University stock holdings are in a basket of 12 emerging market index funds—which track the performance of foreign markets such as Brazil, India, and Mexico, but are traded on domestic exchanges—though the amount held in these ETFs declined over the past quarter...
...University slightly reduced its holdings in these funds over the past quarter as part of its broader move to decrease stock market investments and gave up its holdings in several other national market funds, including those from Hong Kong and Turkey...