“This is a win for students, a win for employers and a win for Michigan.”
‘MAP’ in the Press
Troy, Mich., Feb. 4, 2014 – An unexpected emerging market is getting noticed in North America, one that boasts a capitalization larger than either Indonesia or Thailand and larger than Ireland and Israel combined. With a current market cap of $388 billion, that emerging market is Michigan.
According to Bloomberg, from Nov. 2012 to Nov. 2013, Michigan employment rose at double the rate of the U.S. employment growth and Michigan companies representing many diverse industries that are now competing across the globe have experienced returns of 25.2 percent annualized versus 20.93 percent on the S&P 500 since early 2009.
This noteworthy trend, with its breadth of opportunity, has inspired one Michigan business owner to take unprecedented action.
Beginning this year, in collaboration with Walsh College, Leon LaBrecque, JD, CPA, CFP®, CFA, managing partner and founder of LJPR, LLC, is personally funding a $100,000 student-run investment portfolio that will consist exclusively of companies headquartered in Michigan…read more.
Investing in the Emerging Market at Home • bizedmagazine.com
Real Money, Real World • ambassadormag.com
Walsh students beat benchmarks with state-focused investment fund • crainsdetroit.com
Business Owner Funds $100,000 Investment Portfolio for Walsh Students • dbusiness.com
The Michigan Alpha Project • myfoxdetroit.com
Troy Money Manager, Walsh College Students • detroit.cbslocal.com