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BOSTON (Reuters) Harvard moncler jas outlet University verlaagde haar bezit aan binnenlandse obligaties met ongeveer $ moncler jassen 10 miljard, terwijl ze ook bezuinigingen moncler jas heren sale op onroerend goed reduceerde en haar natuurlijke hulpbronnen vastlegde, wat allemaal deel uitmaakte van een dramatische verschuiving in de manier waarop het zijn $ 37,1 miljard kapitaal investeert.

De Harvard College-armen zitten bovenop een poort naar Harvard Yard aan de Harvard University in Cambridge, Massachusetts op 20 januari 2015. REUTERS / moncler jas dames sale Brian Snyder

Aan het einde van het fiscale jaar 2017 bedroegen de binnenlandse vastrentende waarden van de Ivy League-scholen $ 1,6 miljard vergeleken met $ 12 miljard een moncler jas sale jaar eerder, volgens het jaarverslag van 30 juni dat op donderdag werd vrijgegeven.

Het bezit aan onroerend goed daalde van $ moncler jassen dames 6,4 miljard naar $ 5,3 moncler jassen dames sale miljard en het bezit moncler outlet sale aan natuurlijke hulpbronnen was $ 2,9 miljard, vergeleken met $ 3,9 miljard aan het einde van moncler jassen outlet het fiscale jaar moncler outlet 2016.

jaar 2017 weerspiegelt een aanzienlijke daling van de bruto-investeringsactiva en bruto-investeringsverplichtingen, voornamelijk gezien de verandering van Harvard Management Company (HMC) moncler nederland in

beleggingsbenadering, schreef de school in het rapport.

De mark downs Harvard nam zijn portefeuille moncler dames van natuurlijke hulpbronnen moncler sale in het fiscale jaar 2017 over, gewogen op het rendement, schreef HMC-topman Narv Narvekar in een brief die bij het rapport was gevoegd. Narvekar arriveerde eind vorig jaar van moncler heren Columbia University en werkt eraan om de portefeuille te herpositioneren door buitenstaanders meer van het geld te laten beheren, interne fondsen te sluiten en de helft van de HMC-medewerkers te ontslaan.

Harvard-investeringen bereikten 8,1 procent in het fiscale jaar 2017, met een achterstand op moncler jas heren de aartsrivaal Yale University die moncler jas dames 11,3 procent bereikte en andere moncler jassen heren prominente universiteiten waaronder het aangrenzende Massachusetts Institute of Technology, dat een groei van 2018 moncler 14,3 procent boekte en moncler uitverkoop de moncler jassen heren sale schenking van de University of California, die 15,1 procent won.

Prestaties illustreren structurele problemen bij de begiftiging, zei Narvekar. In de portefeuille met natuurlijke hulpbronnen zei Narvekar dat dit geen verkoop impliceert, erop wijzend dat Harvard bepaalde investeringen kan vasthouden en dat het jaren zal duren om dit deel van de portefeuille te herpositioneren.

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There is no way to predict an individual earthquake. But the forces that contribute to this energy buildup and trigger its release are global and complex, and we still cannotsort out exactly how it might unfold.

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buy canada goose jacket For their recent paper, she and Bilhamlooked through the century long global earthquake record to see whether they could spot any signs that temblors around the world are linked. Initially, the data appeared completely random. But then Bendick and Bilhamadded a newnumber to their canada goose coats on sale analysis: the “renewal interval,” or theamount of time a given earthquake zone requires to build up potential energy for a really big quake. buy canada goose jacket

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Contrary to some reports on Canada Goose online the study, “it’s not exactly the case that every 32 years we have a bad patch,” Bendick said. But that’s geophysics for you.”We’re scientists, not magicians,” she said.

Next, Bendick and Bilham tried to figure out what mechanism might explain these earthquake canada goose store clusters. They studied a wide variety of global phenomena that unfold over the same time scales: sloshing of the molten rock in the mantle, ocean circulation changes, momentum transfer between the Earth’s core and the lithosphere (the planet’s solid, outermost shell).

canada goose The best fit were tiny, cyclical changes in the speed canada goose uk outlet of the Earth’s rotation. The planet slows down infinitesimally every 30 years or so, and about five years later, a cluster of these severe, short interval earthquakes appears. canada goose

Canada Goose sale Russian geophysicistsBoris LevinandElena Sasorova have pointed out this correlation before, Bendick noted. Soshe and Bilham tried to take it a step further: They found amechanism that might link the Earth’s rotation and clusters of quakes. Canada Goose sale

canada goose clearance sale See, when the Earth’s rotation rate changes, its shape shifts. cheap Canada Goose As the planet speeds up, mass moves toward the equator, much the way a dancer’s skirt flares out Canada Goose Parka when she spins. When it slows, that mass shifts back toward the poles. The cumulative effect is tiny a millimeter difference in the width of the globe. But if potential energy has already built up at a number of faults “if they’re locked and loaded, as we’d say in Montana,” Bendick canada goose clearance noted “that tiny change is enough to kick some proportion of the faults over into their failure mode, which is earthquakes.” canada goose clearance sale

Canada Goose Parka Earth is at the end of a slowing period, Bendick pointed out, and the historical record would indicate another “cluster” may be on its way. Canada Goose Parka

She and Bilham hope the pattern might help scientists and public officials make some sense of the Earth’s unpredictable shaking. If disaster planners can say with some assurance that the planet is entering a period in which quakes are more likely, they might have an easier time making the case for preparedness measures.

canada goose coats on sale Their study is about probabilities, not predictions, canada goose uk black friday Bendick cautioned. Earth’s slowing doesn’t mean that a quake will happen in the next year or so, just that the likelihood may have gone up. canada goose coats on sale

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cheap Canada Goose The research got a lot of attention after Bilham presented it at the October meeting of the Geological Society of America. Severalcritics noted that correlation is not causation earthquake clusters and fluctuations of Earth’s rotation might happen on the same time scales, but that doesn’t mean they are linked cheap Canada Goose.

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