Providence Business News: "
A member of Rhode Island College’s Class of 1989, who wishes to remain anonymous, has donated $100,000 to establish a student-managed investment fund and class, the school said.
The donation, made in December, ultimately will benefit RIC’s School of Management. The money will establish a course in which a team of four to six students will learn short-term and long-term investment strategies, asset allocation and portfolio rebalancing, using U.S. and foreign securities and derivatives. The fund will start at about 65 percent U.S. equities, 20 percent bonds and 15 percent international stocks and derivatives."