{"id":8328,"date":"2008-08-08T00:00:00","date_gmt":"2008-08-08T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"in-dim-year-2-mass-funds-shine-bright","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2008\/in-dim-year-2-mass-funds-shine-bright.html","title":{"rendered":"In dim year, 2 Mass. funds shine bright &#8211;"},"content":{"rendered":"<p>Boston Globe &#8211; Massachusetts again has some of the best money managers in the world. But unless you&#8217;re a public employee or the parent of a Harvard student, you won&#8217;t benefit much from this tremendous talent.<\/p>\n<div>\n<div class=\"embed\">                                                            <\/div>\n<\/div>\n<p>Harvard University&#8217;s endowment, already the nation&#8217;s largest university endowment, earned 7 to 8 percent over the past year, a period when stock markets tanked and many investment professionals lost substantial sums. Harvard&#8217;s performance, first reported yesterday by The Wall Street Journal and confirmed by a financial industry source briefed on the school&#8217;s returns, puts it at the top of an elite group of institutional investors.<\/p>\n<p>Financial firm Northern Trust col lects returns on 87 endowments and foundations but not Harvard. Nevertheless, the Cambridge university&#8217;s performance would put it &quot;at the top of the class,&quot; said Northern Trust spokesman John O&#8217;Connell.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.boston.com\/business\/articles\/2008\/08\/08\/in_dim_year_2_mass_funds_shine_bright\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston Globe &#8211; Massachusetts again has some of the best money managers in the world. But unless you&#8217;re a public employee or the parent of a Harvard student, you won&#8217;t benefit much from this tremendous talent. Harvard University&#8217;s endowment, already [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[140,420,666,2026,517,280,1320,147,603,1277,187,1825],"class_list":["post-8328","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-alan-greenspan","tag-dow-jones","tag-endowment","tag-endowment-fund","tag-founding-partners","tag-global-economy","tag-globe-russia","tag-journalism","tag-poor-performance","tag-portfolio-reports","tag-state-pension-fund","tag-trade-finance"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8328"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8328\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}