By Mike Caggeso
Associate Editor
Money Morning
Like most investors, Harvard University’s billion-dollar endowment fund took a beating during the global financial crisis. Many investors cashed out, opting for the safety of the sidelines.
But Harvard called a new play.
During the first quarter, Harvard engineered a dramatic shift in its endowment-fund investment strategy - boosting its stakes in some of the most prominent emerging market exchange traded funds (ETFs). Indeed, its largest first-quarter investments included:
more in:
http://www.moneymorning.com/2009/05/20/emerging-market-etfs/
Ruin-Nation
11 months ago
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