Word: portfolio
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Dates: during 1990-1999
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...RICHARD GERE and DAVID BYRNE elbowed themselves room at fame's bar for their performing abilities; they're also gifted visual artists. Indeed, they must be gifted, because their handiwork isn't cheap. Gere's work, currently on display in a Manhattan art gallery, sells for $12,500 a portfolio (all proceeds to charity), and some of the late Davis' pieces are expected to fetch up to $100,000 when they go on sale in Chicago in November. An original Byrne from New York City's CristineRose Gallery will set connoisseurs back $800 to $8,500, while photocopies of Bennett...
...counted in the Chronicle's comparison were the million dollar salaries earned by some Harvard Management Company (HMC) officials. Jonathan S. Jacobson, a vice president managing the equity portfolio, received...
Regarding specific aspects of the portfolio: domestic equities returned 29.7 percent, foreign equities gained 4.7 percent, emerging market securities rose 0.7 percent and high-yield securities advanced 15.1 percent...
Over those four years, the endowment's average annual performance was 13.7 percent. This return was two percent above the Policy Portfolio and 2.1 percent higher than the median fund as measured by TUCS...
During this time period, HMC exceeded the consumer price index inflation rate by 10.8 percent--considerably above the company's six percent target. It also bested the Policy Portfolio by two percent, a margin above its goal of between 1.5 and two percent. According to the letter, HMC does not believe such a margin is sustainable