Wednesday, April 14, 2010

Harvard Betting Big on Emerging Market ETF's

Will this stop the bloodletting caused by Harvard's disastrous wrong way interest rate bets?

Harvard Management Co. has 120 securities in its publicly disclosed portfolio. Its top four holdings, representing 55% of the portfolio's $2.3 billion value, are internationally oriented exchange-traded funds (ETFs) that focus on generating income in emerging markets, China, Brazil and South Korea, respectively.

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