Word: meyering
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...Cabot’s replacement, Jack R. Meyer, came to Harvard from the Rockefeller Foundation, where he served as the CIO for an endowment that outperformed Harvard’s own—his former boss called him the “Ty Cobb of fund managers...
...Meyer told newspapers that his new position at HMC was the “perfect...
...revamped HMC’s compensation structure so that it rewarded longer-term performance and tied its structure to benchmarks selected by HMC’s board of directors that “outperform[ed] the average manager,” according to Meyer...
...That’s the whole point of active fund management. If we just wanted to match the market, we could do that with an index fund,” Meyer says...
...Meyer said the lead of 8.4 percentage points over other big investors was the largest in HMC’s 22-year history...