So, Why Did Harvard University Sell Its Holdings In Israel?
Maybe some of the folks on RS with economic expertise can explain this one.
“In another blow to Israeli shares, the Harvard Management Company notified the US Securities and Exchange Commission (SEC) on Friday that it had sold all its holdings in Israeli companies during the second quarter of 2010. No reason for the sale was mentioned. The Harvard Management Company manages Harvard University’s endowment.”
I suppose Hahvahd could be facing some financially difficulty and simply chose to liquidate its assets, but given all the anti-Israel rhetoric going on lately, I couldn’t help but wonder if this was some sort of deliberate effort to undermine the Israeli economy.
Here’s the link.