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Student Managed Investment Fund sees significant gains in volatile market

College of Business student-analysts recently presented the Student Managed Investment Fund (SMIF) annual report to industry professionals during their advisory board spring meeting. The $1 million fund, established through the generosity of alumni, is managed by undergraduate students who are responsible for all investment research, portfolio positions, and reporting. Since inception, the fund has managed institutional funds through periods of considerable uncertainty trade wars with China, the COVID-19 pandemic, and elections. At present, the SMIF is considerably outperforming the benchmark (CPI + 4%) with annual gains of 37 percent in a market environment that has been, according to Associate Professor of Finance Dr. Bill McCumber, “challenging for the most experienced and thick-skinned professionals.”

Detailed text transcripts for TV channel - KGO - 20121108:11:14:00

welcome back, everybody. an arizona man who spent nearly four decades behind bars for two murders he says he did not commit is a free man this morning. reporter dave biscobing of our phoenix station has a story 6 of a very long case of justice denied. reporter: it was a horrific crime. two people gunned down in a desert area north of the valley. the case went cold for more than a decade until bill mccumber s wife turned him in claiming he confessed. but their son says the two were going through a divorce. she was having affairs, it could be proved she was having affairs. reporter: his wife worked for the sheriff s office and mccumber s attorneys claim she planted evidence. miraculously out of the file jumped a palm print that matched the palm print of bill mccumber.

Detailed text transcripts for TV channel - KGO - 20121108:11:15:00

reporter: he was arrested, convicted. sentenced to life. 38 years later, bill mccumber walked out of jail. so what changed? justice requires us to do what s right. reporter: in a special hearing in superior court, the county attorney s office offered him a deal if he changed his plea from not guilty to no contest they would let him go with time served. the family of the victims spoke out against the decision. i just want justice for my sister. reporter: they still believe mccumber is guilty. the decision really doesn t matter to bill mccumber. because after four decades, he s free. wow. 38 years. the heart of your life gone. 77 now. the justice department has been advocating for his release in recent years saying there is no dna evidence. his wife framed him. another man confessed to the killings. but could you imagine? your life is gone. you missed so much. you know, just, oh, man.

Detailed text transcripts for TV channel - FOXNEWS - 20121109:18:54:15

Detailed text transcripts for TV channel - FOXNEWS - 20121109:18:54:15
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