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Meyer says that his successor will have a number of options for the direction to take Harvard’s endowment. One possibility, he says, is that the new CEO could choose to maintain internal management for some assets, but increase the use of outside managers, changing the mix from 50 percent invested externally to, say, 65 percent. Another potential choice facing the CEO is for Harvard to invest securities through hedge funds via external managers but focus its in-house efforts on asset classes like timber...

Author: By Nicholas M. Ciarelli and Alexander H. Greeley, CRIMSON STAFF WRITERS | Title: Finding the Path to Growth | 6/8/2005 | See Source »

...mix could change a little bit,” Meyer says...

Author: By Nicholas M. Ciarelli and Alexander H. Greeley, CRIMSON STAFF WRITERS | Title: Finding the Path to Growth | 6/8/2005 | See Source »

Despite the avalanche of departures from HMC, Meyer says that the current mix of internal and external management could also be maintained if the firm’s leadership believes that route is practical...

Author: By Nicholas M. Ciarelli and Alexander H. Greeley, CRIMSON STAFF WRITERS | Title: Finding the Path to Growth | 6/8/2005 | See Source »

...free plug-in technology with the boost of made-in-the-U.S., ethanol-based fuel to give it range. The plug-in hybrid could run for short distances on batteries charged by the same grid that powers our home appliances. On longer drives, it would use a fuel mix of 80% ethanol--alcohol, in the U.S. made mainly from corn--and 20% gas. Given that half the cars on the road travel fewer than 20 miles a day, such hybrids would travel mostly on grid-charged battery power. The rest of the time, those plug-in hybrids would...

Author: /time Magazine | Title: Breaking That Dirty Old Habit | 6/6/2005 | See Source »

Suzuki is exactly the type of customer the chain, based in Seattle, is counting on as it makes bolder--and potentially riskier--moves to add more music to its mix of high-margin macchiato and muffin sales. Besides hawking regular CDs and allying with XM Satellite Radio and other ventures, Starbucks has begun installing "media bars" in cafs in which customers can download songs and burn customized discs. So far, 45 stores in Seattle and Austin, Texas, have the units, and Starbucks plans to announce more by year's end. "[Music] is a big component of our overall strategy...

Author: /time Magazine | Title: Marketing: Starbucks: Coffee, Tea, CD? | 6/6/2005 | See Source »

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