Harvard Management Co
Yale University—the Ivy League school known for consistently leading the pack in annual investment returns—returned 11.3 percent on its investments for fiscal year 2017.
Harvard returned 8.1 percent on its investments in fiscal year 2017, a “disappointing” performance the firm’s CEO called “a symptom of deep structural problems at HMC.”
Not even Harvard’s cows are safe as Harvard Management Company undergoes a radical restructuring that it hopes will reverse a decade of lackluster returns.
After a Harvard Management Company official said that the natural resources portfolio is "pausing" investments in fossil fuels, the University maintained that the remarks did not represent a change in investment strategy.