Emerging markets is a dynamic asset class where technology, communications and consumer services are gaining market share and successful investing may require nimble strategies to adapt and capture the same growth that underpinned emerging markets prior to the global financial crisis, investment consulting firm Meketa Investment Group says.
Harvard is pushing Senate Democrats to consider reducing the controversial tax that draws an estimated $50 million annually from its $39 billion endowment. Many wealthy private universities want the tax eliminated.