The Austin College Williams Student Investment Fund team placed third in the Balanced Investment Style category at the Global Student Investment Forum competition this spring at the 11th annual RISE (Redefining Investment Strategy Education) Forum held at the University of Dayton in Ohio. Bobby Patel and Philip Rawlings, both ’11, prepared the RISE competition report and represented Austin College at the competition.
From top left, fund participants for 2010-2011 are Austin Brewster, Elise Burch, David Griffith, Scott Cottingham, and Kathryn Prater. First two rows combined, left to right, are Devin Harris, Raquel Lima, Chase Muder, Philip Rawlings, Bobby Patel, Samantha Sands, Zachary Roush, and Michael Alford. Not pictured: Phillip J. Cohen
Student participants in the Williams Student Investment Fund manage a real financial portfolio that includes 21 stocks, bond funds, and equity funds with a value this spring of $1,051,973. The students exhaustively research each asset before it is purchased, toward a fund goal of financial performance similar to the S&P 500 but with less volatility, said David Griffith, associate professor of business administration and the Jack B. Morris Chair in Entrepreneurial Studies, who is the current faculty advisor for the fund.
Todd Williams ’82 established the student investment fund with a gift of $1 million in 2006.