According to an official statement from the Harvard Management Company, the school has not divested from Israel. The changes in investment filing were procedural and do not reflect any ideological move whatsoever. Furthermore, Harvard still has holdings in Israel. Here is the statement from HMC’s spokesman:
The Management Company’s most recent SEC filing details changes in holdings, as is routine, but no change in policy. The University has not divested from Israel. Israel was moved from the MSCI, our benchmark in emerging markets, to the EAFE index in May due to its successful growth. Our emerging markets holdings were rebalanced accordingly. We have holdings in developed markets, including Israel, through outside managers in commingled accounts and indexes, which are not reported in the filing in question.
So that’s that.
