Harvard's 6.5% Return Lags Elite Peers After Strategy Revamp.

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    • Abstract:
      The article offers information on the report of Harvard Management Co. which says 6.5 percent return of 40.9 billion dollar endowment in higher education in fiscal 2019. It mentions 8.8 percent return by Massachusetts Institute of Technology; and also mentions shutting down of internal trading groups by N.P. Narvekar, who was hired from Columbia University in 2016 to revamp Harvard's investment office in Boston, Massachusetts.