HOUGHTON, MICHIGAN – An Applied Portfolio Management Program team from Michigan Technological University team has returned winners of two global investment competitions. The Gold Team won the value category in the Global Asset Management Education (GAME) Forum IV, hosted by Quinnipiac University in New York City.
They also won the 14th Annual Redefining Investment Strategy Education (RISE) competition in the same category a week later at the University of Dayton with the same portfolio.
At GAME, the team also got to participate in closing NASDAQ while there, where they were part of some 1,000 participants from 130 universities and 44 states.
Their results were impressive, according to Dean Johnson, Jim and Delores Trethewey Professor in the School of Business and Economics, and the team’s advisor.
“For the calendar year 2013, they showed a return of 29.66 percent,” Johnson said. “In the value category, they are also judged on standard deviation, or risk, and theirs was a very low 1.7 percent.”
To read the full story, go to the link:
http://www.mtu.edu/news/stories/2014/april/story104886.html
Click To Submit Press Releases, News, Calendar Items, and Community Events to mediaBrew radio stations WFXD, WKQS, WRUP, GTO, Fox Sport Marquette, and 106.1 The Sound
Marquette, Michigan Calendar; Ishpeming Calendar; Negaunee Calendar; Gwinn Calendar; Negaunee Calendar and Events; Upper Peninsula Calendar of Events; Escanaba Events and Calendar