Ivy League Fortune: Harvard's Highest-Paid Money Managers

The transcript discusses a McKinsey study on endowment benchmarks, highlighting Harvard's underperformance despite claiming to meet benchmarks. It reveals how lower benchmarks led to higher compensation for managers, causing controversy. The transcript also covers future changes at Harvard with new leadership aiming to address these issues.

What were some of the key findings of the McKinsey study on Harvard's endowment?

How did Harvard's endowment performance compare to its peers according to the study?

What factors contributed to the compensation of the top managers at Harvard Management Company?

What changes is Harvard Management planning to implement following the findings of the report?

What concerns do people have regarding the new CEO of Harvard Management Company?