Word: portfolio
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Dates: during 1990-1999
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...institutional investors who did vote with I.C.C.R. is New York State comptroller H. Carl McCall, who manages a portfolio that includes 1.2 million Texaco shares. "As shareholders, we have a responsibility to demand an accounting from companies on how they plan to deal with these kinds of issues, because it's clear that if a company has an image of diversity, it's more acceptable to consumers and therefore more profitable," McCall says. "The market reacts negatively to companies where there's a perception that the culture supports discrimination...
...accurately pointed out that investment banks and consulting companies tend to take the limelight, because they come to campus in such great numbers, representing about 50 percent of the organizations at the Career Forum and in the recruiting program. Our efforts to diversify both the Career Forum and the portfolio of companies that recruit on campus continue...
...order to service its $28.6 billion in foreign debt. To that end Bhutto had raised taxes--but her government did not collect enough revenue and at the same time raised the level of discontent. On Oct. 29, in an effort to appease the imf, Bhutto gave up the finance portfolio she had held since retaking the government in 1993. "The debt servicing is breaking our backs--debt that I didn't incur," she told TIME in September. "But as Prime Minister, I have to pay it back...
...While these reviews have occurred in the past and will in the future, it would be disingenuous for me to say that the fact that a portfolio manager earned $6 million last year was not a factor," Meyer said...
Harvard may have dropped to number three in the U.S. News rankings this year, but in one category we're doing better than ever. Thanks to the consistent "outperformance" of the University's diverse portfolio, returns on the Harvard endowment were up 9.4 percent over fiscal year 1995, to 26 percent in fiscal year 1996. Kudos go to Harvard's money managers, who, not incidentally, are being amply rewarded for their efforts. We hope students as well will benefit from their hard work...