Scottish Mortgage Investment Trust: should I invest now?

first_img Edward Sheldon, CFA | Friday, 28th May, 2021 | More on: SMT “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! After an incredible run over the last few years, Scottish Mortgage Investment Trust (LSE: SMT) is now experiencing a period of underperformance. Year to date, the SMT share price is down about 4%. Meanwhile, since mid-February, it’s down about 17%. Over a year, it’s still up significantly, however (+60%).Is this pullback in the SMT share price a buying opportunity for me? Let’s take a look at the investment case.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Scottish Mortgage: a growth-focused investment trustA good place to start is to look at Scottish Mortgage’s investment strategy and holdings. SMT’s strategy is based around investing in high-growth companies for the long term. Many of the companies it invests in are disruptive in nature. Often, these companies are still in their early stages, and as a result, are not yet profitable.Looking at the trust’s most recent holdings data (as of the end of April), we can see that its top 10 holdings include the likes of Tencent, Amazon.com, Tesla, Alibaba, NIO, ASML, and Moderna. Other stocks in the portfolio include Zoom Video Communications, Shopify, Affirm, Netflix, and HelloFresh. These are all high-growth companies.SMT’s high-growth stocks are out of favourThis focus on high-growth companies explains why Scottish Mortgage has underperformed this year. Right now, such companies are out of favour with the investors. With the global economy reopening and inflation rising, investors have dumped high-growth stocks to focus on reopening ones. The growth stocks that have no (or minimal) earnings and are trading at sky-high price-to-sales ratios have been hit particularly hard. Just look at Tesla. Last year, it couldn’t stop rising. This year, however, it’s down 12%.Is sentiment towards high-growth stocks likely to improve in the near term? That’s tough to call. With the US economy booming and inflation rising, I think reopening/cyclical stocks could remain in favour for a while yet, at the expense of high-growth stocks. This could hurt SMT’s share price in the short term.A long-term playFrom a long-term investment perspective, however, I continue to see appeal in the Scottish Mortgage Investment Trust. That’s because, in the long run, many of its portfolio holdings are likely to generate strong growth.Are companies such as Amazon, Tencent, and Alibaba going to be bigger than they are today in five years’ time? Almost certainly, in my view. This growth from the underlying companies in the portfolio should boost the SMT share price over time.Of course, there are risks to the investment case. One that’s worth highlighting is the fact that portfolio manager James Anderson, who has been a manager of the trust since 2000, is set to leave the firm running the trust (Baillie Gifford) on 30 April 2022. Anderson has delivered incredible results for investors in recent years so his presence could be missed. When he steps down, the trust will be run by Tom Slater and Lawrence Burns.Another risk worth highlighting is that a significant proportion of the trust is currently invested in non-listed companies. Such companies can see their values swing wildly.Overall, however, I like Scottish Mortgage as a long-term growth investment. With the trust down nearly 20% from its February highs, I think it’s probably a good time to be buying.That said, I wouldn’t allocate a large proportion of my portfolio to SMT, simply because many of its holdings are higher-risk. Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Edward Sheldon owns shares in Amazon, Scottish Mortgage Investment Trust. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Alibaba Group Holding Ltd., Amazon, ASML Holding, Netflix, NIO Inc., Shopify, Tesla, and Zoom Video Communications. The Motley Fool UK has recommended Moderna Inc and recommends the following options: short January 2023 $1160 calls on Shopify, long January 2022 $1920 calls on Amazon, long January 2023 $1140 calls on Shopify, and short January 2022 $1940 calls on Amazon. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Scottish Mortgage Investment Trust: should I invest now? Image source: Getty Images See all posts by Edward Sheldon, CFAlast_img read more

V4 HOUSE / TNT architects

first_img Vietnam “COPY” “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/899536/v4-house-tnt-architects Clipboard V4 HOUSE / TNT architects Architects: TNT architects Area Area of this architecture project Area:  900 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/899536/v4-house-tnt-architects Clipboard Projects Project Team:Nguyen Thi Ngoc, Pham Viet Vinh, Nguyen Dinh Phuong . Che Dinh PhucConstruction Constractor:Engineer Nguyen Ngoc Huyen, Nguyen Thai ThaoCity:Nghi Lộc DistrictCountry:VietnamMore SpecsLess SpecsSave this picture!© Trieu ChienRecommended ProductsDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemDoorsLonghiDoor – HeadlineDoorsECLISSESliding Pocket Door – ECLISSE LuceWoodAccoyaAccoya® Cladding, Siding & FacadesText description provided by the architects. Nowadays , most of people have gone too far away from the villages, so when we wake up in noisy city,ouroriginal human ego desires a peaceful green countryside, tranquil forests and blue sky. It’s the reason for us to creat a new house based on the “Old man – new coat” spirit. This designis not only a home for man return to nature but also a place where people connect togetherSave this picture!© Trieu ChienSave this picture!Ground floor planSave this picture!© Trieu ChienThe house that was built on 2,000 square meters in the quiet suburbs has an architectural structure deals with complex and contradictory aspects. It is a model of modern architecture but harmonizing with the surroundings, a space filled many emotions: quiet when manis alone, but overwhelm happinesswhen friends come to visit, or children return from the city. People living here connect much with nature and universe andalso enjoy the convenience of mordern society.Save this picture!© Trieu ChienThe space of house develops the spirit of the traditional northern house but still resembles the existing houses around. The whole structure is divided into three functional blocks that are separated but harmonious with each other.Save this picture!© Trieu ChienSave this picture!© Trieu ChienThe main building is a large elliptical shape likesvault of heavenwhich covers the whole of house and it’s shadow as a time clock in the natural light . This “vault of heaven” is hold up and divided into private – public spaces by 4 solid stone walls representing the east, west, south and north. In particular, the eaveis designed around the elliptical block that imitates the eaves of ancient Vietnamese house. This is the space that transitions the inner part of man to the nature outside and also place where all the main activities of the house take place. The heart of the house is full of philosophy, it is arranged a solid rock to remind of solidarity, sticking in the family.Save this picture!© Trieu ChienOut of the entire house overlooking from the sky, the whole of elliptical block became a miniature land contains a garden of Eden that everyone wanted to have on the roof. This special garden is not only the place for the children looking up for stars on dreaming sky but also space to take place all summer parties.Save this picture!First floor planThe remaining two blocks separated from the elliptical block are the rectangular garage in front and the therapeutic triangle pool in the back. The separation provides a separate space for the main building block, avoids vehicle noise and does not affect the relaxation of the pool.Save this picture!© Trieu ChienBut all three blocks are harmoniously connected by the green vegetation of simple fruit trees that are growed freely and change over time. The house was in used today, the ideas on the paper have built successfully. It is the presence of design team in constanting innovation from the old values.Save this picture!© Trieu ChienProject gallerySee allShow lessCity Archive Delft / Office Winhov+ Gottlieb Paludan ArchitectsSelected ProjectsMosque of the Future: Library of Alexandria Seminar – July 2018Articles Share Lead Architects: 2017center_img V4 HOUSE / TNT architectsSave this projectSaveV4 HOUSE / TNT architects Year:  Photographs Houses Photographs:  Trieu Chien Bui Quang Tien Save this picture!© Trieu Chien+ 46Curated by María Francisca González Share ArchDaily CopyHouses•Nghi Lộc District, Vietnam CopyAbout this officeTNT architectsOfficeFollowProductsGlassStone#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesNghi Lộc DistrictVietnamPublished on August 06, 2018Cite: “V4 HOUSE / TNT architects” 06 Aug 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPartitionsSkyfoldIntegrating Operable Walls in a SpaceGlass3MSun Control Window Film in MarkthalSinkshansgroheBasin FaucetsPaintSTAC BONDComposite Panel Finishes – MetallicsConcreteKrytonConcrete Hardening – Hard-CemSkylightsLAMILUXGlass Skylight FE PassivhausLightsLouis PoulsenOutdoor Lighting – Flindt GardenWindowsVEKAWindows – SOFTLINE 70 ADUrban ShadingPunto DesignPavilion – CUBEDoorsLinvisibileLinvisibile FILO 10 Hinged Door | AlbaWoodHESS TIMBERTimber – GLT BlockGreen FacadesSempergreenLiving Wall – SemperGreenwallMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

“Education Should Never Be Compromised”: Gujarat High Court Directs Govt. To Ensure That No Child Drops Out Due To Inability To Pay Fees

first_imgNews Updates”Education Should Never Be Compromised”: Gujarat High Court Directs Govt. To Ensure That No Child Drops Out Due To Inability To Pay Fees Sparsh Upadhyay3 Feb 2021 6:53 AMShare This – xWhile noting that Education is something which should never be compromised, the Gujarat High Court recently directed the State Government to ensure that the inability to pay the fees should not compel the parents to stop providing education to their children. It may be noted that the Bench of Chief Justice Vikram Nath and Justice J. B. Pardiwala had taken up a public interest…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginWhile noting that Education is something which should never be compromised, the Gujarat High Court recently directed the State Government to ensure that the inability to pay the fees should not compel the parents to stop providing education to their children. It may be noted that the Bench of Chief Justice Vikram Nath and Justice J. B. Pardiwala had taken up a public interest litigation (on its own motion) based on a survey done by the Indian Institute of Management Ahmedabad (IIM Ahmedabad) and UNICEF Gujarat. Significantly, the survey revealed various problems and hardships faced by many households during the period of lock-down, more particularly, the hardship that was caused on account of the sudden stoppage of the mid-day-meals in the Government schools. While taking suo motu cognizance of this survey, the Bench last month issued notice to the Principal Secretary, Education Department, Government of Gujarat and Commissioner, Mid-day Meal Schemes, State of Gujarat. In response to the aforesaid, the State Government filed a detailed report in the form of an affidavit. The said report contained the data regarding Mid-Day Meal Distribution, efforts made by the State for the On-line Learning and measures taken by the State towards reduction of the school fees. Having considered the report, the Court proposed to close the litigation while observing, “By accepting the report of the State Government and closing this litigation, we do not want to convey that the survey carried out by the IIM-A and the UNICEF, Gujarat, was not correct. On the contrary, we appreciate the joint efforts put in by the IIM-A and UNICEF, Gujarat, in this regard and it is only on account of their survey and the article published in the Indian Express newspaper that this Court came to know about the hardships and the problems that few families had to face during the period of lock-down.” Further, the Court also appreciated the efforts put in by the State Government to ease the hardships of various families during the period of lock-down Lastly, the Court observed, “It is possible that the help rendered by the Government might not have reached to few families. This is what the survey talks about. The Government should pay due attention to such genuine cases and try to render assistance in all possible manner.” Case title – Suo Moto v. State Of Gujarat, through The Principal Secretary & 1 other(s) Click Here To Download Order Read OrderSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

NBA approves sale of Jazz to Utah technology entrepreneur

first_img FacebookTwitterLinkedInEmailSALT LAKE CITY (AP) — The NBA’s Board of Governors has approved the sale of the Utah Jazz to a group led by technology entrepreneur Ryan Smith, ending the Miller family’s 35-year run as owners of the franchise.The deal includes Vivint Arena, the team’s G League affiliate and management of a Triple-A baseball club.Part of the sales agreement calls for the team to remain in Utah. Smith is a co-founder of the Utah-based firm Qualtrics, which was sold to SAP for $8 billion in an all-cash deal finalized last year. The Miller family will retain a stake in the franchise. December 18, 2020 /Sports News – Local NBA approves sale of Jazz to Utah technology entrepreneur Written by Tags: Ryan Smith/Utah Jazz Associated Presslast_img read more

‘The property market needs a General Election to solve Brexit’

first_imgHome » News » Agencies & People » ‘The property market needs a General Election to solve Brexit’ previous nextAgencies & People‘The property market needs a General Election to solve Brexit’Senior industry figure makes unusually partisan comments about politics as frustration with damage Brexit is inflicting on property market grows.Nigel Lewis14th October 20190809 Views A senior member of the property industry has called for a general election and criticised Parliament for delaying Brexit in comments made to a newspaper.The comment have come from Nick Taylor (above), chairman of the 30-agency strong Norwich & District Association of Estate Agents (NDAEA) who also runs Norwich-based Hadley Taylor.In an usual departure from industry norms, Taylor has told The Eastern Daily Press that he believes the government is no longer in charge, that the country is run by a parliamentary ‘junta’ led by a partisan speaker who wants to either revoke Brexit, call a second referendum or “cobble together some half-baked deal which keeps us in servitude forever”,” he says.“All three of these options will cause a level of civil unrest that will make the antics of Extinction Rebellion look like a tea party.“What the country needs, what the economy needs and what the property market needs is a general election, and fast.Property marketHis comments followed a request from the paper to give his opinion on OnTheMarket’s lacklustre results this week and the property market.“I’m not surprised that OnTheMarket is feeling the squeeze,” he says.“Retailers, restaurant chains, travel businesses and car dealerships are all feeling the squeeze and we read about their business failures on a daily basis.“The property sector still hasn’t seen volumes rise to 2007 levels and they may never return. The elephant in the room is, of course, Brexit. Or rather not Brexit itself but the constant and never-ending state of limbo we have had to endure.”Read more about Nick Taylor.hadley taylor Norwich & District Association of Estate Agents Nick Taylor Norwich OnTheMarket October 14, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

USS Freedom Returns Home

first_img USS FREEDOM (LCS1) DOCKED IN SAN DIEGOThe American ship USS Freedom has returned home from its maiden deployment to 7th Fleet AOR.The ship deployed on March 1 and took part in a number of operations with partner nations in the region.The ship’s crew 102 swapped with the crew 101 in August, which brought the warship home. Crew 101 participated in the Philippine relief mission delivering life saving supplies to the Typhon Haiyan stricken population.The ship has recently held a change of command ceremony at Joint Base Pearl Harbor-Hickam where Capt. Randy Garner relieved Cmdr. Patrick C. Thien.USS Freedom is the lead ship of its class and she is the third vessel of the Navy to be named for the concept of freedom.[mappress]Naval Today Staff, December 24, 2013; Image: US Navy View post tag: home View post tag: USS View post tag: Returns Back to overview,Home naval-today USS Freedom Returns Home View post tag: Freedom USS Freedom Returns Home December 24, 2013 View post tag: Naval Training & Education Share this articlelast_img read more

Christ Church calls fowl on chicken cruelty

first_imgJCR declares opposition to battery farming Christ Church JCR has shown its support for serving free range food in Hall. Last Sunday the JCR voted on a motion, which stated, “In designing menu items, ‘Hall’ should make use of free range food, and end their use of battery farmed animals.” The proposal received substantial backing although the free range standard will not be immediately adopted. However, students voted to set up a working group to investigate the financial feasibility of the move for the JCR. Tom Ward, a Theology second year student who put forward the motion, said, “I am very satisfied with the result of the meeting… As far as confidence goes in ultimate success at Christ Church, I think the fact that the motion went unopposed is a strong indication that there is a very real wish of the entire JCR for Hall to go free range. “In my opinion, intensive farming techniques are both cruel and unnecessary in this country…I am sure many at Oxford feel the same way, and indeed endeavor to purchase free range products at home. However, when dining in Hall we find ourselves stripped of that choice, and inadvertently end up supporting the intensive farming we feel so passionately against. I do not think that there is any insurmountable barrier, cost or otherwise, to using free range products in the respective Halls of Oxford…it would serve as an example to the rest of the catering world that mass utilization of free range products is feasible.”Ward subsequently set up a Facebook group to bolster support for the motion. John Harris, Steward of Christ Church, agreed that the idea is gaining momentum. He explained, “The College is looking into it… I was at a catering managers’ meeting [on 22 January] regarding the introduction of free range products. We are very positive about it. At the moment there is not enough free range produce to meet likely demands. However there is widespread interest in it. It is not a matter of the JCR persuading reluctant caterers. Many of the caterers are very positive in it.” Laura Ellis, Christ Church JCR President, said, “The working group will consist of three members of College staff; the Hall manager, the Steward and the head chef and from the JCR the food rep, the veggie rep and Tom Ward.”by Rob Pomfretlast_img read more

Press release: Asian Longhorn Beetle eradicated in the UK

first_imgNicola Spence, Defra Chief Plant Health Officer said: The Asian Longhorn Beetle (ALB) – an insect which poses a risk to broadleaved trees such as oak and silver birch– has been eradicated in the UK following six years of trapping and surveillance work by the Animal and Plant Health Agency and the Forestry Commission.The pest was initially discovered in Kent in 2012, most likely introduced through infested imported wood packaging material.The pest is a serious threat to a range of broadleaved trees, including species grown commercially for timber and fruit production. The larvae of the beetle feed on the wood of living trees, boring galleries, or tunnels in the trunks and branches. The galleries can penetrate all the way from the outer layer to the heart wood, and a severe infestation can kill the tree.Lord Gardiner, Defra Biosecurity Minister said: Asian Longhorn Beetle would pose a serious threat to our treescape if allowed to establish, so it is great news that it has been officially eradicated in the UK. Strong biosecurity relies on everyone playing their part – in our forests, at borders or when buying plants. It is important that we continue to raise awareness of the simple things that people can do to protect against pests and diseases, such as sourcing plants from a reputable nursery.center_img I am delighted that we have been able to eradicate Asian Longhorn Beetle – this is a testament to the dedication and hard work carried out by our Plant Health service. Globalisation in trade, increased travel and the diversity of plants entering the UK mean more threats to plant health. Our strong response includes investing more than £4.5m to strengthen our border security, recruiting and enhancing training for new plant inspectors. Furthermore, we identify and assess new threats to our trees by using the UK Plant Health Risk Register, the most comprehensive in the world, containing over 1000 pests and diseases which are regularly reviewed and prioritised for actionlast_img read more

BIA 12 Days of Christmas: JG Ross see’s future in gluten-free products for 2015

first_imgCustomer service winner at this year’s BIAs, JG Ross, expects competition to stiffen in 2015, but has exciting predictions for its gluten-free products.Speaking to British Baker, Graeme Ross told us of the successes in 2014, and explained how the business will continue to position itself as the customer favourite.“2014 was a very successful and eventful year for us. We picked up a number of awards at the start of the year for products, training and development and Entrepreneur of the Year at the Grampian Food Forum Innovation Awards and, of course, ended the year winning the BIA for Customer Service.“We have achieved sales growth across all business segments. Our investment in EPoS tills, staff training and development, customer service, promotional activity and availability has all helped deliver growth in our retail shops. We are fortunate that craft bakery is strongly supported in the north east of Scotland, so despite the progress of discounters (whom we don’t supply) we have achieved excellent growth.“We expect competition to continue to be tough during 2015, due to the growth of food outlets and the discounters. Our industry is built on healthy competition and our message is simple: stick to your core values whilst working closely with your customers to identify their needs, building mutually profitable partnerships. “We expect a very significant growth in sales of our gluten-free products, with a number of very exciting enquiries.“We work closely with our business customers, supporting whenever we can through providing point of sale and sampling days. This has proved particularly successful in Tesco, Co-op stores and local independents. Our largest sales increase came from Scotmid. We have invested in 11 of their stores and provided support on staff training, point of sale and helped ensure product availability. During 2014 we also supplied gluten-free biscuits made at our free-from bakery to both Canada and the USA, as well as Europe.“As a family business we have always put ourselves at the heart of the community we serve. We will continue to build on this during 2015 increasing our activity in social media (both Facebook and Twitter) and supporting local charities such as Inverurie Twilight walk in aid of Cancer Research and Northsound Cash for Kids.“We will continue to listen to our customers by way of retail staff, our wholesale partners, and through social media to build on the new products we will bring to market, including variations on our best-selling butteries and cupcakes, such as Aberdeen Angus butteries or Irn Bru cupcakes, to new product categories, as gluten-free has been this year.”last_img read more

Heenan to step down in February

first_imgVice President for Harvard Public Affairs and Communications (HPAC) Christine Heenan, who pushed Harvard communications fully into the digital age and led government and community affairs through federal budget cutbacks, the reboot of Harvard’s Allston relations, and other challenges, will step down as vice president in February, the University announced Wednesday.Heenan, who will become senior communications adviser with the Bill & Melinda Gates Foundation, will continue in a part-time capacity for Harvard through the end of the academic year.“Harvard has been greatly fortunate to benefit from Christine’s remarkable strategic sense and energetic leadership these past six years,” said President Drew Faust. “With the talented team that she has ably built and led, she has guided Harvard communications ambitiously forward into the digital era, overseen the transformation of the Harvard Gazette, strengthened essential relationships with neighbors and key officials in our host communities, and vigorously advanced the interests of higher education and research in Washington and beyond. On these matters and more, she has been a constant source of good counsel, creative vision, and spirited collegiality for all of us in Massachusetts Hall, for the deans and the governing boards, and for colleagues across Harvard.”Faust said that she would promptly begin a process to identify a successor to Heenan.At the Gates Foundation, Heenan will work with Susan Desmond-Hellmann, the foundation’s chief executive officer, on leadership communications across the foundation’s priority areas, which include global health, global development, and education. Desmond-Hellmann said that Heenan’s higher education background will be particularly helpful to the foundation’s U.S. Programs, which have a heavy emphasis on high school graduation and college readiness.“I’m a giant enthusiast on talent,” Desmond-Hellmann said. “We have almost ridiculous ambitions as a foundation: solve polio, get rid of inequities, work on poverty globally. So the most important thing for me is to have additional talent, and Christine is certainly a great talent to help us focus on the world’s biggest problems. I’m just excited that every time I interact with Christine, I learn something.”Heenan said her six years at Harvard have been a time of growth, fostered by the challenges she has faced, the colleagues she has worked with, and the University’s environment of excellence.“President Faust often talks about how Harvard stretches you and changes you,” Heenan said. “That’s true for students, but it’s also true for staff. It’s certainly true for me. Just the same way that Harvard demands your best self as a student, the pace here and the peers whom I’ve had the privilege to work with have caused me to raise my sights and up my game. It’s been a privilege for me.”Heenan came to Harvard in 2008 from the Clarendon Group, a communications and government relations consulting firm that she founded and led. Prior to that, she served as director of community and government relations at Brown University and as a senior policy analyst on President Clinton’s White House Domestic Policy Council staff.Heenan said she is proudest of the heightened integration between Harvard’s communications and public affairs in recent years, as well as the heightened emphasis on storytelling in ways that both respond to immediate developments and step back to provide broader views, through a variety of channels that reach today’s audience.“For more of Harvard to reach more of the world is very gratifying,” Heenan said.During Heenan’s tenure, Harvard has also strengthened important relationships with its host communities and with lawmakers and others in Washington, D.C. It has been important, she said, that Harvard’s voice be heard about higher education in general, but also that it be heard specifically on federal funding of university research — an area that has been under pressure during an era of tight federal budgets.Also key, Heenan said, have been Harvard’s renewed efforts to participate fully in its host communities. In recent years, Harvard has employed an array of programs to open parts of the University to its neighbors and work as a partner with local institutions, extending, for example, grants and cooperative programs to local schools.Former Boston Mayor Thomas Menino, who worked with Heenan on many University initiatives in the city, said she has a talent for communicating complex issues, an ability to bring people together, and a focus on getting things done that proved a very effective combination.She played a guiding role in developing Harvard’s Institutional Master Plan for its Allston properties and in the successful Allston Education Portal, whose tutoring programs have the potential, Menino said, to change children’s lives, and through those actions earned the community’s respect.“She was able to get Harvard to work with the community and the community to work with Harvard,” Menino said. “She is an amazing woman … a great friend, and she became a confidante of mine. … It’s a big loss for us, but a gain for the country.”Heenan was tested almost immediately upon arriving at Harvard, when the global financial meltdown struck in the fall of 2008, forcing the University to cut budgets and pause development efforts in Allston.Heenan modernized Harvard’s communications with audiences both inside and outside the University, oversaw the award-winning redesign of Harvard.edu, and transitioned the Harvard Gazette from a weekly print newspaper to an all-digital publication featuring the Daily Gazette, an email publication now reaching 130,000.Heenan also taught a Harvard College freshman seminar on communications, advocacy, and public affairs, building on her previous role at Brown as adjunct assistant professor of public policy at the A. Alfred Taubman Center for Public Policy and American Institutions.When asked how she might look back at her time at Harvard, Heenan said first that her “boss,” President Faust, has been “inspiring” to work for and that she’d miss her colleagues.“One of the most enjoyable aspects of management is realizing you have surrounded yourself with people who are smarter and better than you in their domain, and that they’re in a position to teach you as much as they are to learn from you,” Heenan said. “That’s how I feel about my colleagues at HPAC, as well as communicators in the Schools and my colleagues in Massachusetts Hall.”last_img read more

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