AHA Portfolio Makes Gains in the Market
While the abysmal job market has weighed heavily on the souls of freshly minted PhDs, the AHA at least can rest easy in the knowledge that its financial situation has improved since last year.
In 2009, the AHA lost over a million dollars in the stock market, with its portfolio plummeting from $4 million to $2.9 million, but this year, in addition to running a slight surplus in the operating budget, the AHA portfolio has increased in value to around $3.5 million.
In other news from the AHA’s business meeting, the attendance at this year’s convention has declined precipitous from last year’s all-time high in New York. 4,158 people have come to San Diego, according to the executive director, but this number should be understood in the context of tough financial times for most schools and the distance of most members to San Diego.
In 2009, the AHA lost over a million dollars in the stock market, with its portfolio plummeting from $4 million to $2.9 million, but this year, in addition to running a slight surplus in the operating budget, the AHA portfolio has increased in value to around $3.5 million.
In other news from the AHA’s business meeting, the attendance at this year’s convention has declined precipitous from last year’s all-time high in New York. 4,158 people have come to San Diego, according to the executive director, but this number should be understood in the context of tough financial times for most schools and the distance of most members to San Diego.