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Harvard Raises $1.2 Billion But Slow Returns Crimp Budget

FYI: (This is a follow-up article)
Harvard University raised a record $1.2 billion in annual donations yet warned it faces a tight budget because of its underperforming endowment, which has faced internal criticism over its management.
Regards,
Ted
http://www.bloomberg.com/news/articles/2016-11-01/harvard-raises-record-1-2-billion-but-slow-returns-crimp-budget
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