Word: portfolios
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Dates: during 1970-1979
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Four years ago TIME compiled a portfolio of 200 Americans under 45 who seemed destined to be national leaders (TIME, July 15, 1974). They included educators, businessmen, lawyers, scientists and a number of men and women who had embarked upon-or were about to begin -political careers. In this month's election, 22 of them ran for high public office and all but three of them...
...going to be informative as to what's happened since we issued the (April 27) report," Calkins said yesterday, adding that the upcoming report will also include a discussion of progress made by the Advisory Committee on Shareholder Responsibility (ACSR), which is evaluating the banks and companies in the portfolio on a case-by-case basis...
Wells Fargo currently loans one-fourth of one per cent of its portfolio to "entities" in South Africa the bank states are "essentially...trade related and finance the nation's international trade and the purchase of equipment from American suppliers...
...role Engelhard played as the leader of the U.S. business community in South Africa. Wrote Forbes, "Success in South Africa has imposed its obligations, and Engelhard has dutifully fulfilled them." In 1958, Engelhard founded the American-South African Investment Co., Limited, a closed end trust designed to stimulate portfolio investment by Americans in South African enterprises. Throughout the '60s, Engelhard served as chairman of this trust, which was hugely successful...
...best explained in the Yale Corporation report, which bears a marked resemblance to Harvard's statement on the issue. But the difference between Harvard and Yale is the latter's admission that it would not be able to afford to reduce future investment income through the exclusion of portfolio choices that a boycott would seem to entail. Flink promises to send a copy of the report...