PLANO, Texas--(BUSINESS WIRE)--The Center for Investment Research is pleased to release their inaugural ranking of the top 25 largest student-managed investment funds. This ranking is the result of a survey of over 300 student-managed investment funds. The schools contacted for the survey have verified the fund AUM (assets under management), as of 12/31/2018.
A student managed investment fund is a class or program that provides participating students an opportunity to gain valuable hands-on experience in security research, valuation of risky assets, and portfolio management. These classes allow students to manage live investment portfolios in preparation for entering the job market.
This survey was undertaken to highlight the significant assets that students manage. The Center reached out to a number of sources to find all of the colleges and universities that had these programs. Each school was then contacted to confirm the assets at year end. The Top 25 list is online at www.investmentresearch.org.
Organization |
Official Fund Name |
Created (Year) |
Funds Under Management (as of 12/31/18) |
University of Minnesota |
Carlson Fund |
1997 |
$35,900,000 |
University of Dayton |
Davis Center for Portfolio Management |
1994 |
$30,500,000 |
University of Texas |
MBA Investment Fund, L.L.C. |
1994 |
$28,100,000 |
University of Virginia |
Darden Capital Management Club |
1994 |
$16,300,000 |
University of Wisconsin- Madison |
Hawk Center for Investment Analysis |
1970 |
$15,980,000 |
Notre Dame |
College of Business Advisory Council Fund |
1974 |
$12,677,546 |
University of Arkansas-Fayetteville |
Shollmier Fund |
2000 |
$11,159,780 |
Ohio State University |
Ohio State University Student Investment Management (SIM) Program |
1990 |
$10,514,544 |
University of Iowa |
University of Iowa Henry Fund |
1998 |
$10,325,673 |
Washington & Lee University |
Williams Investment Society |
1998 |
$10,250,000 |
Southern Methodist University |
Ann Rife Cox Endowment Fund |
|
$9,000,000 |
Northwestern University |
Asset Management Practicum - Commingled, Crown, Kenney, and Nash Funds |
1964 |
$8,300,000 |
Baylor University |
Philip M. Dorr Alumni & Friends Endowed Investment Fund |
2001 |
$7,600,000 |
University of St. Thomas |
Aristotle Fund |
1999 |
$7,200,000 |
Ohio University |
Ohio Student Equity Management Group |
2001 |
$7,145,447 |
Trinity University |
Trinity Student Managed Fund Program |
1998 |
$6,592,093 |
Creighton University |
The Creighton Fund |
1992 |
$6,502,560 |
St. John's University |
Student Managed Investment Funds |
2001 |
$5,700,000 |
College of Wooster |
Hans H. Jenny Student Investment Club |
1955 |
$5,540,000 |
University of Tulsa |
University of Tulsa Student Investment Fund |
1997 |
$5,078,815 |
Virginia Tech |
BASIS (Bond and Security Investing by Students) |
2006 |
$5,004,275 |
Michigan State University |
Student Investment Fund (SIF) |
2003 |
$4,600,000 |
University of Maryland |
Student Managed Investment Fund |
1993 |
$4,500,000 |
Rice University |
MA Wright Investment Fund |
1996 |
$4,200,000 |
Syracuse University |
The Orange Value Fund, LLC |
2006 |
$4,000,000 |
The Center plans to update this survey on an annual basis. We encourage schools that are not listed here to contact us with their asset information so they can be included in future surveys.
About the Center
Founded in 1993 by a prominent group of academics, The Center for Investment Research is a 501 (c)(3) non-profit corporation brought into existence in response to the growing need for practical research designed to enhance the abilities of institutional money managers and sophisticated individual investors. The Center sponsors independent, in-depth research on current issues important to investors and investment professionals; supports programs aimed to fund academic work that will contribute to the improvement of our understanding of investments; and supports books, journals and guides to promote important investment topics and strategic insights that can be translated into implementable ideas in global investment management and finance.