Wednesday April 6, 2011

Winning Money Management

The University of Dayton announced winners in the 2011 R.I.S.E. XI international student-managed portfolio competition.

Teams of students who learn how to invest by managing real money put their results to the test in the University of Dayton's 11th annual international student portfolio competition.

Seven student-managed investment funds were honored in the competition, held in conjunction with the R.I.S.E. XI Global Student Investment Forum March 31-April 2, sponsored by the University of Dayton in association with the United Nations Global Compact.

The best overall showing was posted by the University of North Dakota's Stenehjem Fixed Income fund with an 8.53 percent risk-adjusted performance. The competition selects winners based on their risk-adjusted performance for calendar year 2010 in various investment style categories.

Stephen M. Horan, head of university relations and private wealth for the CFA Institute, announced competition winners at a reception sponsored by the CFA Institute. Winners are:

• Small-to-Mid Cap Growth: Golden Griffin Fund — Canisius College, Buffalo, N.Y.
• Large Cap Growth: M.A. White Investment Fund — Rice University, Houston.
• Value: Student Managed Portfolio Organization — Radford University, Radford, Va.
• Core: Student Investment Society — Eastern Illinois University, Charleston, Ill.
• Alternative: Green & Gold Fund  — University of Alabama at Birmingham
• Balanced: Fonds Standard Life HEC — HEC Montréal
• Fixed Income: Stenehjem Fixed Income — University of North Dakota, Grand Forks

In addition to the portfolio competition, students attending R.I.S.E. were invited to vote on five poll questions about economic trends. Their prediction for the Dow Jones Industrial Average one year from now: more than 13,000.

More than 200 programs nationwide allow students to make investment decisions with real portfolios. Although the University of Dayton's team does not enter the competition because of the University's sponsorship, students through the Davis Center for Portfolio Management have responsibility for managing $13 million of the University's endowment.

R.I.S.E. (Redefining Investment Strategy Education), the world's largest student investment forum, brings internationally known leaders in the finance industry to the University of Dayton to share their perspectives on economic and market trends, forecasts and critical issues. For more, visit http://www.udayton.edu/business/rise.

For more information, contact Cilla Shindell, director of media relations, at 937-229-3257 or shindell@udayton.edu.

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