UNC business students invest foundation’s funds

GREELEY – A pioneering finance class at the University of Northern Colorado lets students experience first-hand what it’s like to be responsible for handling someone else’s investments.Their client? UNC itself.
The Student Alumni Foundation Fund has a handful of students – most seniors and finance majors – managing a portion of the university foundation’s portfolio.
Typically, foundations hire professional money managers to seek safe havens for university funds.
But in 1992, finance department chair John Clinebell petitioned the UNC Foundation to let his students have a small percentage of its money for a real-life investment experience. The foundation is entrusted…