Word: spun
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Even as it has defended its in-house system, over the last few years Harvard has quietly moved to a system that is half externally-managed as fund managers have spun...
Even as it has defended its in-house system, over the last few years Harvard has quietly moved to a system that is half externally-managed as fund managers have spun...
...further incentivized the departure of its fund managers by supporting those who strike out on their own: roughly a quarter of the current endowment is invested by outside managers who “spun out?...
...fictional fringe dwellers came from. Velocity (Vintage; 302 pages), a gritty prequel to that celebrated work, provides even more clues to the source of Sayer's creativity. Out of her childhood - from a bizarre conception in May 1962 to the end of her erratic schooldays in 1979 - Sayer has spun an Australian booze opera about the end of the country's postwar golden years. "I knew all the beer gardens in Sydney by the time I was eight," she begins...
...investment of their entire life at Harvard, and several of those who considered running for Vice President assumed that Clay Capp, who received an unprecedented 1,500 votes in his campus-wide election, would win. While this is not as interesting a story as some that have been spun in the last week, it is, quite simply, the truth...