Finance students win gold at RISE competition
Ross MacDonald-Allan, Beedie School of Business, 778.782.9492, email@example.com
Students from SFU’s Beedie School of Business M.Sc. in Finance program brought home gold for the third year in a row at the Redefining Investment Strategy Education (RISE) competition.
The Beedie team captured first place in the balanced investment style category for their portfolio’s risk-adjusted return between December 2013 and January 2014.
The University of Dayton, Ohio hosted the event March 27-29 in conjunction with the RISE student investment conference—the largest of its kind in the world.
The annual competition, now in its 14th year, features 60 teams from top universities across North America that run programs permitting students to make investment decisions with real money.
Beedie students Cicy Bai, Puxia Yu, Anastasia Lavrik and Jason Wang accepted the gold award on behalf of their entire team’s work on the Beedie Student Investment Advisory Service (SIAS) fund.
The SIAS, Canada’s largest student-run investment fund, lets students manage $10.8 million of the university’s endowment portfolio, gaining invaluable real-world experience in investment, risk management and compliance.
“Our presentation focused on the SIAS fund’s excellent investment performance and rational investment strategy,” says Bai. “We will strive to continue managing the fund successfully and leave in place a legacy for future cohorts to continue our success at RISE.”
“Our students’ performance in the RISE investment competition attests to the quality of our students, the program, and to all our staff involved,” says Jan Simon, academic chair of the M.Sc. in Finance program.
Simon Fraser University is consistently ranked among Canada's top comprehensive universities and is one of the top 50 universities in the world under 50 years old. With campuses in Vancouver, Burnaby and Surrey, B.C., SFU engages actively with the community in its research and teaching, delivers almost 150 programs to more than 30,000 students, and has more than 125,000 alumni in 130 countries.
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