Tag Archives: university of virginia

Broker Fees from Mutual Funds Affect Advice; Predict Worse Performance, New Study Says

TORONTO, ON – Brokers are supposed to recommend investments that are in the best interests of their clients.

But a study published in the February 2013 issue of the Journal of Finance has found that mutual funds offering higher broker fees attract the most investments, especially when the broker is not affiliated with the mutual fund company. Every additional dollar paid to a broker corresponds with another six dollars invested into the fund, and another fourteen dollars if the broker is an unaffiliated third party whose compensation depends exclusively on sales commissions. (more…)

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2013 Bollingen Poetry Prize Goes to Charles Wright

Charles Wright, hailed as one of the leading American poets of his generation, has been named the winner of Yale’s 2013 Bollingen Prize for American Poetry.

The Bollingen Prize in American Poetry is among the most prestigious prizes given to American writers. Established by Paul Mellon in 1949, it is awarded biennially by the Yale University Library to an American poet for the best book published during the previous two years or for lifetime achievement in poetry. The prize includes a cash award of $150,000. (more…)

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12 Top Universities Partner with Coursera

If you were skeptical about the whole Ivy League online education thing catching on when you heard about edX, you may be surprised to learn that Coursera, an online education startup lead by two Stanford professors, just formed partnerships with 12 top universities to provide free online courses to the masses, according to The Huffington Post.

The universities that will now be providing free online courses to Coursera users are: Duke University, Johns Hopkins University, California Institute of Technology, Georgia Institute of Technology, Rice University, University of Illinois, UC San Francisco, University of Virginia, University of Washington, University of Toronto, University of Edinburgh, and Ecole Polytechnique Federale de Lausanne. (more…)

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New Book Says Financial Model For Higher Ed is Broken, Offers Ways To Overhaul

Higher education, a jewel of American society and an engine of its economy, is under threat, and if the nation is to remain competitive the financial model must be overhauled, says a new book.

Authors of Financing American Higher Education in the Era of Globalization say reforming the model will take a long-term, top-level coalition composed of the president, the nation’s governors, college and K-12 leaders, and leaders in the business community. (more…)

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Link Between Air Pollution and Cyclone Intensity in Arabian Sea

*Disruption of wind shear enables stronger storms*

Pollution is making Arabian Sea cyclones more intense, according to a study in this week’s issue of the journal Nature.

Traditionally, prevailing wind shear patterns prohibit cyclones in the Arabian Sea from becoming major storms.

The Nature paper suggests that weakening winds have enabled the formation of stronger cyclones in recent years–including storms in 2007 and 2010 that were the first recorded storms to enter the Gulf of Oman. (more…)

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