Garnet Group | Union College Student Investment Fund

The Student Investment Fund manages about $750,000 of the Union College endowment. The students are responsible for monitoring the fund’s performance, asset allocation, security selection, and governance. Students from all disciplines are welcome to join. The fund serves as a learning and preparation space for students interested in a career in business and finance.

UPCOMING EVENTS

Summer Break

GARNET GROUP BLOG

Utilities Sector Thesis

The utilities sector is one of the main sectors of the economy and is made up of companies such as electric, gas, and water utility firms. Utility stocks are generally not high growth stocks that will outperform the market, but rather high yielding equity investments....

Buy Spotify

Spotify is a music streaming platform developed by Swedish company Spotify AB, headquartered in Stockholm, Sweden and listed on the NYSE as of April 2018. Spotify is an attractive investment for a multitude of reasons. For the first time in 15 years, Apple cut its...

Sell Facebook Thesis

The SIF currently owns 75 shares of Facebook (FB) and it makes up 2% of the portfolio. Although the company has grown its profitability and has a relatively low beta of .62 over the past 3 months, the ongoing concerns over data collection, privacy issues, personnel...

Gilead Pitch

Gilead Pharmaceuticals, a biopharmaceutical company, discovers, develops and commercializes therapeutics in the areas of unmet medical needs in the United States, Europe, and internationally. Gilead pharmaceuticals is an attractive investment for three main reasons....