Ideas with Impact
UNB Faculty of Management
SIF Students Succeed During Great Recession
Liz Lemon-Mitchell
Posted: July 12, 2011 5:00:00 AM ADT
Category: CFS
The University of New Brunswick’s Student Investment Fund program consistently outperformed many professional money managers over the last three years, in the worst market since the Depression. During the three-year period, known as the great recession, the student investors outperformed many professionals who are still trying to get their clients’ portfolios back to their pre-2007 highs. Not only were the students able to protect the value of their portfolio, they managed to grow...
UNB Investment Program Continues Stellar Performance
Liz Lemon-Mitchell
Posted: July 16, 2010 5:00:00 AM ADT
Category: CFS
Writing a six-hour exam knowing the global pass rate has never exceeded 50% can be quite unnerving for some, but students in UNB’s Student Investment Fund (SIF) program had no problem demonstrating their skills and knowledge. SIF students completed the rigorous Chartered Financial Analyst (CFA) Level I exam in June 2010 and recorded an 83% pass rate, almost double the global industry pass rate of 42%. The Chartered Financial Analyst designation represents the best of the best. It is the...
A Trek to Buffett s Omaha
Liz Lemon-Mitchell
Posted: July 14, 2010 5:00:00 AM ADT
Category: CFS
Everyone in the finance world knows the name Warren Buffett. He is one of the world’s richest men and most competent investors, and each year he hosts a shareholders meeting for his company Berkshire Hathaway (BRK). With some of the biggest names in the industry and the massive crowds in attendance, the BRK Shareholders Meeting has been dubbed the “the Woodstock of Capitalism”. Shareholder meetings are not usually known to attract many investors, but each year over 40,000 people vie for one...
Buying vs Selling A New Understanding of the Investment Industry
Liz Lemon-Mitchell
Posted: July 14, 2010 5:00:00 AM ADT
Category: CFS
Members of the Student Investment Fund (SIF) and the UNB Finance Group got to experience Toronto in a unique way this past January (12th-15th). Most people go to Toronto to see the sites, but these students went for another purpose. The three day trip was arranged by the Centre for Financial Studies (CFS), as a learning experience. Finance students gathered information on interest rate forecasts, and got a better understanding of the investment industry by looking at the buy side versus the...
It is Just the Beginning for the UNB Finance Group
Liz Lemon-Mitchell
Posted: July 14, 2010 5:00:00 AM ADT
Category: CFS
The economy is obviously a fragile entity, as seen by the recent recession. But now that the world is starting to come back from the economic down-turn, opportunity awaits for finance students that have the right skills. In an effort to learn more about investing, students got together in Sept. 2008, to create the UNB Finance Group. Students wanted get answers for all of the finance questions they had, and learn what it takes to make it in the world of finance. Starting as a class-like...
UNB Business Students Outperform Professional Money Managers
Liz Lemon-Mitchell
Posted: April 22, 2009 5:00:00 AM ADT
Category: CFS
A group of investment finance students at the University of New Brunswick have achieved impressive returns on their portfolio of nearly $2 million in spite of the turbulent global financial environment. While stories of bank failures, Ponzi schemes and catastrophic financial losses in the financial markets dominated the news in 2008, student investors in the University of New Brunswick's Student Investment Fund program significantly outperformed professional money managers during the...
Former Seamark CEO to Visit UNB as CFS Executive-in-Residence
Liz Lemon-Mitchell
Posted: October 8, 2008 5:00:00 AM ADT
Category: CFS
The Faculty of Business Administration's Centre for Financial Studies (CFS) will host Mr. Robert McKim, former CEO of Halifax-based Seamark Asset Management, as its 2008 Executive-in-Residence. As the Centre's Executive-in-Residence, Mr. McKim will deliver three presentations to students, faculty and the public on October 9-10th, 2008. Mr. McKim's presentation, "How's Your Appetite for Investment Risk?" will be held on Thursday, October 9th, 2008 at 7:00 p.m. in the Chancellor's Room at UNB's...
UNB Student Investment Fund Team Triumphs in Global Investment Research Challenge
Liz Lemon-Mitchell
Posted: May 2, 2008 5:00:00 AM ADT
Category: CFS
A team of four students from the Faculty of Business Administration's Student Investment Fund (SIF) won the North American championship at the second annual Global Investment Research Challenge on April 30th in New York City. The University of Houston placed second, while the University of Pittsburgh placed third. In the competition, students from universities around the world presented and defended their stock recommendations and were judged on their performance by industry experts. Dustin...
Glenn Cleland receives UNB Distinguished Service Award
Liz Lemon-Mitchell
Posted: April 5, 2008 5:00:00 AM ADT
Category: CFS
Glenn Cleland, director of the Faculty of Business Administration's Centre for Financial Studies received a UNB Distinguished Service Award. This award is given to employees of the University of New Brunswick to recognize outstanding service to the university including teaching, research, administrative contributions, or any combination thereof. Glen Cleland conceived the idea for the Student Investment Fund while he was an employee with the New Brunswick Investment Management Corporation,...