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University of Michigan Changes Conflict Rules for Investments

(Bloomberg) — The University of Michigan changed how its endowment’s advisory committee handles potential conflicts of interest and discontinued a fund that helped pay the salaries of the chief investment officer and his staff. The changes were announced Thursday at a board of regents meeting following a review of the policies and practices at the investment office, university public affairs spokesman Rick Fitzgerald said in a statement posted on its website. The school will require members of its investment committee, which advises the university on the management of its $11 billion endowment,…

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Planning for retirement? 5 best investment options

Adhil Shetty After years of hard work, the word retirement brings cheer on many faces while some also get jittery with the mere thought of life without a salary. For a happy and stress-free retirement, you envision a regular flow of income without going to work every day. This can be achieved only when you plan your investments well during your working days for the golden years later on. It is crucial, thus, to choose your plans wisely and carefully. Some of the investment options discussed here can come handy….

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The Four Pillars of Foreign Investment

In Switzerland, there are very few cantons-—Swiss member states—in which foreign investors can purchase property, according to an investment expert. ALEKSANDARGEORGIEV / GETTY IMAGES There are abundant rewards to investing in real estate overseas: The opportunity to immerse yourself in a foreign culture, diversify your investment portfolio, and perhaps see substantial returns over time, to name a few. But as complex as purchasing domestically can be, investors should anticipate that buying a home in a foreign market will be even more complicated, given that there are unfamiliar property ownership laws,…

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Nepal needs to invest 49 pct of GDP in 15 years to attain sustainable development goals

KATHMANDU, Feb. 19 (Xinhua) — Nepal will have to invest around 49 percent of gross domestic product (GDP) during the period from 2016 to 2030 in order to achieve Sustainable Development Goals (SDGs), the National Planning Commission said. The commission said in a report that the Himalayan country will have to invest an estimated 17 billion U.S. dollar annually to achieve the SDGs. SDGs – a follow-up on Millennium Development Goals (MDGs) which expired in 2015 – are a set of 17 goals and 169 targets covering a broad range…

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Investment bankers, consulting firms are top recruiters at IIM-B

Online recruitment: India registers 12 percent y-o-y growth for January 2018 420 students receive 462 offers from over 140 companies BENGALURU, FEBRUARY 18 The lateral and final placements for the PG class of 2016-18 of the Indian Institute of Management-Bangalore (IIM-B) saw 420 students receiving 462 offers from over 140 companies in India and abroad across all business sectors. ‘More offers’ Professor Ganesh N Prabhu, Chairperson, Career Development Services, IIM Bangalore, said: “Many sought-after recruiters surprised us by making many more offers than they had initially indicated and helped us…

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Mahindra Group to invest Rs 2,325 crore in Maharashtra

The Mahindra Group today announced over Rs 2,300 crore investment in the state in three projects of which as much as Rs 1,700 crore will be spend towards creating an entertainment destination at Kandivali, a northwestern suburb of the megapolis. Addressing the Magnetic Maharashtrainvestor summit here this evening Mahindra group chairman Anand Mahindra said his software company Tech Mahindra will invest Rs 125 crore to create an all-green tech hub in Nagpur that will create ate least 2,500 jobs. On the Rs 1,700-crore investment announced in the city, Mahindra said, “we are exploring to set…

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