UT Student Portfolio Takes 1st in Worldwide Investment Forum

Published: Apr 2, 2008
University of Tampa students who manage a $150,000 university portfolio won first place in the 2007 student-managed portfolio competition held at the Redefining Investment Strategy Education (RISE) 8th annual Global Student Investment Forum.

The UT students won first place in the graduate division for core-style portfolios based on 2007 results. The forum was held at the University of Dayton (Ohio) March 27-29.

The portfolio, the Bailey Student Investment Fund, is valued at $150,000 and is managed by students enrolled in UT’s applied investment management class. The Bailey Fund is an equity portfolio that includes individual stocks and exchange traded funds (ETFs). The fund has been in existence for five years and was established through a $100,000 gift from the Bailey family.  

Marcus Ingram, associate professor of finance, who serves as the faculty advisor for the Bailey Student Investment Fund, said the investment fund gives students a chance to work to maximize returns and balance risk through a diversified portfolio.

“This is huge recognition,” Ingram said. “UT competed strongly with large schools that manage funds in the millions of dollars, and which have unlimited resources and direct access to assistance from Wall Street firms.”

UT previously took second place in the competition. Joe McCann, professor of management, was instrumental in establishing the fund, and Jeff Donaldson, associate professor of finance, formed the fund management team and served as faculty advisor until August 2007.

“The strong growth in the number of universities offering applied investment programs highlights the educational importance of allowing students to connect what they learn in the classroom with the challenges of managing real money in a real portfolio,” said David Sauer, associate professor of finance at the University of Dayton and managing director of RISE.

The forum attracted 2,300 students, faculty and professionals from 257 colleges and universities from 69 different countries.

The forum was co-sponsored by the University of Dayton and the United Nations Global Compact, and strategic partners include New York Stock Exchange/Euronext, NASDAQ, CME Group (Chicago Mercantile Exchange), The Wall Street Journal, CNBC, Deutsche Asset Management, Deutsche Borse Group, CFA Institute, the Dubai Financial Market, TIAA-CREF, the Financial Services Forum, Morningstar Inc., the Shanghai Stock Exchange, Amman (Jordan) Stock Exchange, Palestine Securities Exchange, Colombo (Sri Lanka) Stock Exchange and BOVESPA (Brazil) Stock Exchange.

For more information, contact Ingram at mingram@ut.edu or (813) 257-3834.