Eberly College of Business and Information Technology’s
Student Managed Investment Portfolio Team won a first-place award at ENGAGE
2015, one of the largest student investment conferences in the world.
members are Christopher O'Brien, Breanne Loveland, Tore
Okland, Alexandra Larch, Corey Glasgow, Evan Hayward, Cameron Campbell, Michael
Williamson, James Moss, and Nathan Rosenberg (pictured above).
ENGAGE 2015 brought more than 1,500 student participants
from the United States, Canada, and Europe to Detroit for the annual
competition, which also included breakout sessions and career panels comprised
of 19 speakers.
The students competed in the Student Managed Portfolio
Competition, where they won in the Blend/Core stock portfolio category for
achieving the highest risk adjusted return of any core investment style
portfolio for the year 2014.
IUP’s team was started in November 2005, with an initial
investment of $200,000 by the Foundation for Indiana University of Pennsylvania,
an independent, nonprofit, charitable 501(c)3 corporation, organized in 1967 to
promote and support the educational purposes of IUP.
The Student Managed Investment Portfolio now stands at
approximately $750,000 of the Foundation’s portfolio of more than $70
million. The team is composed of 20 students from the Eberly College
who have an interest in gaining experience in investment management. The team
is open to anyone who has an interest in learning to manage investments and how
to analyze securities.
The SMIP team works
closely with the Foundation for IUP staff and meets quarterly with the
Foundation’s Investment Committee for a review of the SMIP performance along
with the other Foundation fund managers. They also wanted to thank
BilkeyKatz Investment Consultants, the Student Finance Association and the
Eberly College for helping them attend the conference.
Eberly College of Business and