The Yale model of investing, pioneered by Chief Investment Officer David Swensen over the past two decades, doesn’t make sense for Norway’s “Government Pension Fund Global,” according to a Wall Street Journal article published last week. The Norwegian fund is more than 35 times the size of the Yale endowment, so a strategy like Swensen’s »
After a cheating scandal thrust Harvard into the national spotlight in August, the university covertly accessed the email accounts of several of its staff members in an effort to locate media leaks, the Boston Globe reported Saturday.
A fossil fuel divestment conference at Swarthmore College this weekend drew representatives from 77 different divestment campaigns, including Yale’s. Fossil Free Yale, a group of students urging the University to refrain from investing its endowment funds in the fossil fuel industry, sent three delegates — the maximum number permitted — to the Power Up! convergence, »
Forty Yale students and graduate students met at 5 a.m. last Sunday to join the 50,000 people who gathered at Washington, D.C., to participate in the “Forward on Climate” rally. Coordinated by members of Fossil Free Yale — a group that is pushing the University to refrain from investing its endowment funds in the fossil »
The University budget for the 2014 fiscal year likely will not require “across-the-board” reductions, newly appointed Provost Benjamin Polak said in a Thursday memo to University faculty and staff. Fiscal year 2014 will mark the second year since the 2008 financial crisis that Yale has not implemented University-wide budget cuts. Though Polak said the budget »