Congratulations to the Niagara University Holzschuh College of Business Administration students for winning second overall in the graduate division at the Global Asset Management Education (G.A.M.E.) conference, held in New York City on March 30-31, 2023. There were 120 universities attending the conference, with over 140 finance faculty and 1,200 students.
Niagara students represented the Monteagle Fund, the Niagara student managed investment fund. Created in 2011, the Monteagle Fund has $425,000 assets under management, and has earned an 11.8% annual growth rate with a diverse portfolio of stocks, bonds, and exchange traded funds (ETF’s). All decisions in the Monteagle Fund are made by the Niagara students.
Prior to the conference in NYC, the business schools competing at the conference needed to provide the G.A.M.E. judging committee with a written report on their fund’s investment strategy and historical performance. The team from Niagara advanced to finals round, which required them to present to a judging panel of senior investment managers from firms including Morgan Stanley, T Rowe Price, Park Avenue Securities, and Yale University. After the compilation of scores from both the written and oral presentations, Niagara University was awarded second place overall in the graduate division. During the award ceremony, the Monteagle fund was recognized for its risk adjusted performance, investment process, and the quality of the student’s presentation to the judges.
“This is a wonderful recognition for the Holzschuh School of Business and Niagara University” according to Ed Hutton, CFA, faculty advisor for the Monteagle Fund and Associate Professor of Finance at Niagara. “The G.A.M.E. conference is one of the world’s most prestigious gathering of professionals, faculty, and students in the investment management industry”.