Harvard Re-Balances Allocations

The Harvard Crimson reports that Harvard has redirected much of its equity allocations.  Endowment allocations in September, 2008 totalled $2.9 billion.  After the market bubble burst, Harvard equities allocations plummeted to $571 million.  Public equities allocations have now risen to $772 million.  Increases in the number of holding entries has gone from 71 in the prior quarter to 99 in the most recent reported quarter.  Two-thirds are new investments . 

Harvard has increased it’s share in emerging market ETFs by almost $50 million. 

More info can be found here, http://www.thecrimson.com/article.aspx?ref=528225

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