Newsmakers

On a macro scale, it’s confusion. But on an individual level, America’s pension plans are sure of what they need to do regarding investment risk-levels; they just aren’t all sure in the same way.

The Harvard endowment has been lambasted by critics for an illiquid investment strategy and an overly ambitious infrastructure expansion plan, but in possible signs of a turnaround at the world’s largest university endowment, hiring has started once again.