Amrhein Club Scores Again!
courtesy Alex Yanko ’05
For the second
time that it has attended, the Amrhein Investment Club
took first place in the undergraduate division of Redefining
Strategy Education (RISE), a conference for
student-managed investment groups at colleges and universities, April 1-3 at
the University of Dayton, Ohio.
Moravian was one of eight colleges and universities
from the United States and Canada to take top honors
in the largest North American student portfolio
The last time the Amrhein Club beat many larger schools was two years ago.
“The symposium was a really great experience
for all of us,” said club advisor
Linda Ravelle, associate professor of economics and business. “Many
schools manage their funds as part of an investments class and limit participation
fund management. Amrhein allows all Moravian students to participate. Our
students came away from the symposium realizing how lucky they are to be
able to have
The conference brought together more than
900 students from more than 100 colleges and universities.
Leaders of the investment
community spoke about
and the economy. Speakers included Michael Moskow, president and CEO
of the Federal Reserve Bank of Chicago; Richard Bernstein,
chief U.S. strategist
Lynch’s global securities research and economics group; and John
Bogle, founder of the Philadelphia-based Vanguard Group, one of the world’s
two largest mutual fund organizations.
About a third of the participants entered
the portfolio competition, in which students displayed
the results of their investments in various
kinds of portfolio management. The top
determined by their portfolios’ 12-month risk-adjusted returns.
club manages more than $1 million of the College’s endowment.
Its assets are broken down into four funds, each directed by a student
Moravian’s blend-style equity portfolio grew
by a handsome 52 percent over the last year. The first-place winners
- University of New Brunswick, Canada.
Hybrid portfolio, graduate division.
of Kansas. Hybrid portfolio, undergraduate division.
University, Texas. Blend-style equity portfolio, graduate
- Moravian College. Blend-style equity
portfolio, undergraduate division.
- Stetson University,
Florida. Fixed-income portfolio, undergraduate division.
- Purdue University. Growth-style
equity portfolio, graduate division.
- University of Northern
Colorado. Growth-style equity portfolio, undergraduate
- Concordia University, Canada. Value-style
equity portfolio, undergraduate division.
Purdue, and Moravian were all winners at the 2002 conference.
Moravian’s fund managers include Todd
Nazareth, growth fund; Greg
Drums, small cap fund; and
Muhammed Bendjilali ’05, Algeria, income
fund. They and club president
Alex Yanko ’05, Bethlehem,
attended the symposium. Samir
Sparta, N.J., who manages the
balanced fund, could not attend and was represented
by Marty Miller ’05,
Bethlehem, who managed the
that the growth fund was
the winner of the
blend-style portfolio category.
by financial reporting services.)
manages it this year, Kevin
Morris Plains, N.J., was
its manager last year when
in its stellar performance.
The Amrhein Investment Fund
was established in 1962
with a gift
of $20,000 from
who intended the fund
to be an investment laboratory
where students could learn
by managing a portfolio
of stocks and bonds.
Today, the Amrhein
Investment Fund is one
of the largest
student-run funds in the country.
Investment Club is a first-place winner
at the RISE conference for college
and university investment groups.
Loaded and Play Ball!:
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win mark, Jason Toedter wins MAC
men's singles championship.
on Moravian math conference, for which
math prof Michael Fraboni received an
ODK Leadership Award. Math
faculty solves a Google puzzle.
new faculty members.