University of Arkansas Portfolio Management Class students from the Sam M. Walton
College of Business won an unprecedented three first-place awards for risk-adjusted
performance of three different student-managed investment funds at the world’s largest
student-managed investment fund competition at the Global Asset Management Education
(GAME XII) Forum in New York on March 30-31, 2023.
The students took first place in three of six categories: Undergraduate Growth (based
on the performance of the $2,500,000 Rebsamen Trust); Undergraduate Core (based on
the $6,750,000 University of Arkansas Foundation account that students manage); and
Undergraduate Small Cap Fund (based on the $125,000 David Carter Adams Energy Fund).
Each first-place winning team will receive $1,000 from the Forum.
More than 1,100 students from 120 universities and colleges attended the GAME XII
Forum. It includes panels with globally recognized speakers as well as the largest
annual student-managed investment fund competition in the world. Keynote speakers
include executives from Fidelity Investments, Morgan Stanley, J.P. Morgan Asset Management,
TIAA, Wells Fargo, Rockefeller Global Family Office, Bank of America, T. Rowe Price,
Barclays, Bloomberg, Financial Times, CMT Association and Cambridge Associates.
The Walton College sent a team of 22 finance students, including 16 from the Portfolio
Management class, three from the Fixed Income class and three graduate students from
the Shollmier MBA/MACC Fund/Energy Finance class to participate. Craig Rennie, associate
professor of finance, teaches these classes. Sergio Santamaria, finance instructor
and senior research associate at Garrison Financial Institute, led the group while
in New York.
Joseph Kelly from the Portfolio Management class participated in the Outlook for Markets
and Investments Panel as student panelist. Moderated by Peter Spiegel, U.S. managing
editor of the Financial Times, the panel included Jimmy Chang, CFA, chief investment
officer of the Rockefeller Global Family Office, David Kelly, CFA, chief global strategist
of J.P. Morgan Asset Management, Celia Dallas, chief investment strategist of Cambridge
Associates and Darren Wolf, CFA, global head of Investments of Aberdeen.
Although previous Walton College teams have won such awards in the past —including
GAME III Graduate Hybrid Funds, GAME IV Graduate Value Funds, GAME VII Graduate Value
Funds, GAME VIII Graduate Growth Funds, GAME IX Graduate Value as well as Graduate
Growth Funds and GAME XI Undergraduate Growth Funds — this is the first time any team
won three different awards for three funds simultaneously in the world's premier student-managed
investment competition.
The full list of participants include Steven Austin, Brett Bennett, Grant Blanchette,
Alivia Brewer, William Cherry, Samuel Chesshir, Andrew Guerra, Humza Hashmi, Zachary
Hassan, Joseph Kelly, Nathaniel Kleypas, Daniel Kuehl, Miguel Marin, Juan Miranda
Zegarra, Trung Phan, Christian Schick and Kaushik Sivakumar from the Portfolio Management
class; Dylan Ham, Sydni Marino and Luke Millman from the Fixed Income class; and Nicholas
Lorenzoni, Harrison Schick and Alexis Walker from the Shollmier MBA/MACC Fund class.
