Colby-Sawyer Student Investors Win International Championship at Global Asset Management Education III Forum
Colby-Sawyer College's Business Administration Department and its student investment fund managers competed against more than 50 other student-managed portfolios in five categories to be named international champions in the undergraduate Value Investing category at the Quinnipiac Global Asset Management Education (G.A.M.E.) Forum III held in New York City April 4-6, 2013. The Colby-Sawyer students who manage the Suzanne '66 and John Hammond Student Managed Investment Fund were recognized at the Student-Managed Portfolio Competition for a 21.21% time weighted return in 2012.
Business Administration majors Amigo Khadka '15, Hang Nguyen '14, Jagat Pokharel '14 and Suraj Mali '14, accompanied by Associate Professor and Chair of Business Administration Chris Kubik, represented Colby-Sawyer and were among the 1,000 conference attendees from 118 colleges and universities around the world who gathered to learn about the financial services industry with break-out panels and workshop sessions that explored career and network opportunities.
The Fund
Colby-Sawyer's Investment Management course offers students an unusual level of engagement in and outside of the classroom. These experiential activities include investing real dollars in the stock market and annual visits to key financial sites in New York City, including the Federal Reserve Bank of New York, the New York Stock Exchange, Federal Hall, the 9/11 Memorial and the CFA Institute.
The Suzanne '66 and John Hammond Student Managed Investment Fund provides the opportunity to trade stocks and to understand the workings of the market through direct experience. The fund began with a generous gift of $25,000 from the Hammonds, and as of January 2013, it had an approximate value of $160,000.
The fund has grown significantly due to generous individual gifts and an endowment allocation from the Colby-Sawyer Board of Trustees. The allocation was the direct result of our students' presentation to the board, in which they requested an opportunity to manage a portion of the college's endowed funds. Last October the trustees approved their request and appropriated $50,000 to the student-managed investment fund, with additional funding conditional on meeting investment and reporting goals.
The G.A.M.E. III Forum
The Quinnipiac Global Asset Management Education (G.A.M.E.) III Forum, founded by David Sauer, a finance professor in the School of Business at Quinnipiac, provides an international group of college students and faculty with a unique opportunity to interact with industry leaders to learn best practices in investment management.
Keynote panels discussed the global economy, global stock markets, corporate governance and provide a Federal Reserve perspective. Day two included a variety of breakout discussion panels, workshops and keynote perspectives. The forum concluded with panels discussing career opportunities within the financial services industry.
For more information on the Investment Management course, visit http://www.colby-sawyer.edu/currents/articles/risk-reward.html.
Colby-Sawyer College is a comprehensive college that integrates the liberal arts and sciences with professional preparation. Founded in 1837, Colby-Sawyer is located in the scenic Lake Sunapee Region of central New Hampshire.
Colby-Sawyer College, 541 Main Street, New London, N.H. 03257 (603) 526-3000
