YOUNGSTOWN Youngstown State University's Student Investment Fund (SIF) received an additional $1.5 million thanks to the YSU Foundation Board of Trustees.
The Board passed a resolution providing the SIF with the additional funds to increase its managed portfolio. The funds will be paid in increments of $500,000 over the course of three years.
The funds will be used to invest in fixed-income assets.
Since its inception in 2008, the SIF have only researched and invested in equities. Now, the team will have an opportunity to compete in two different competitions in New York and Chicago.
"For 17 years, the students have been good stewards and fiduciaries of the Foundation's invested assets. We are proud of their success and trust their judgment to continue to serve as one of our portf

WFMJ-TV

Associated Press Top News
Idaho Press-Tribune
Newsday
Reuters US Business
The Daily Sentinel
Reuters US Economy
Deseret News
The Babylon Bee