Drexel University, Philadelphia, increased a Vanguard Total...

Drexel University, Philadelphia, increased a Vanguard Total International index fund to $9.6 million from $4 million after terminating Harding Loevner as a global equity manager for performance reasons, said Mario Mestichelli, associate treasurer. The $234 million endowment hasn’t decided if it will hire a new global equity manager for the $5.6 million portfolio, he added. Daniel Harding, Harding Loevner CIO, did not comment by press time. Cambridge Associates assisted.