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University of Michigan Investment Policy

• CFO's statement on investment policy (November 17, 2005)
  Download print version [PDF]

South Africa stock divestment

• Senate Assembly Advisory Committee Report on Investment Policies and Social Responsibility (February 28, 1978)[PDF]
• Regent's proceedings regarding South Africa divestment (March 16, 1978)[PDF]

Tobacco-related stock divestment

• Report and Recommendations by Ad Hoc Advisory Committee on Tobacco Investments (March 17, 2000)
• President Bollinger letter to Regents regarding tobacco divestment (June 6, 2000)[PDF]
• Regents approve divestment of tobacco-related stock (June 19, 2000)