Harvard Management, Trailing Ivy League Neighbors, Makes Abrupt Changes

The Harvard Management Company, like the markets in which the endowment invests, has experienced cyclical performance behavior.  While the 12% returns that their asset managers have generated over the past 20 years is significantly above average, lately there has been trouble.

Harvard Management's strong 20-year performance is largely due to Jack Meyer
Harvard Management had at one time thrived . . .

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