Word: meyers
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Dates: during 1990-1999
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...terrific year when we outperform the benchmark by one point or more," said HMC President Jack R. Meyer. "I don't think it's realistic to expect any institutional fund to do that over more than one year...
...departure is clearly a disappointment,"Meyer wrote in the letter. "We do expect that Jonwill continnue to do well and Harvard hascommitted an aggregate of $500 million to his newfirm...
...only thing I'm really worried about is that three points," said Jack R. Meyer president and CEO of HMC in an interview yesterday. "It is unusual for us to under-perform." Meyer said HMC aims to outperform the benchmarks even in down markets...
University officials blame the recent stock market turmoil, not losses in alumni giving or difficulties with the Capital Campaign, for the 10 percent decrease. Meyer singled out two major HMC strategies that have aggravated the endowment's decline...
...Meyer refused to comment as to whether HMC wasdeviating from its policy portfolio, whichdictates how HMC distributes its investmentsacross asset classes, in response to emergingmarkets' poor performance...