Word: skirtsful
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In movies, it's Natalie Portman. In music, it's Norah Jones. And in fashion it's Phoebe Philo. "It," in this case, refers to a woman who, without much hype or hoopla, emerges as the leader of the pack in her field, the swan the others paddle behind like...
Indeed, at Paris runway shows and Hollywood premieres, stars from Portman to Jennifer Connelly are turning up in Chloé's soft-flowing dresses, peasant skirts and chunky heeled boots. Her influence is spreading even to women who have to pay for their clothes. Not since Helmut Lang introduced superskinny stovepipe...
The alternative is external management, in which most investment responsibility is outsourced to other firms, but this structure skirts these issues, perhaps at the cost of lower performance and higher management fees.
For Harvard, internal management skirts the problems of securing enough high-quality outsiders to handle the endowment, and also provides for greater control over risks, more effective financing, and more efficient use of capital, Meyer says.
For Harvard, internal management skirts the problems of securing enough high-quality outsiders to handle the endowment, and also provides for greater control over risks, more effective financing, and more efficient use of capital, Meyer says.