Make us your home page

University of Tampa students win investing competition

Students in an applied investment management class at the University of Tampa apparently know their stuff. They earned a 14.62 percent return for 2007, compared to a 5.49 percent return on the Standard & Poor's 500 Index, earning them first place in a recent global money management competition. The students managed real money, the Bailey Student Investment Fund, a $150,000 investment portfolio established five years ago with a $100,000 gift from the Bailey family. Their best and worst investments were exchange-traded funds. Investments in Brazil and Canada were winners, while those in real estate and emerging markets were losers. The students placed first in the graduate division for core-style portfolios in the Redefining Investment Strategy Education's eighth Annual Global Student Investment Forum held at the University of Dayton in March. "This is a huge recognition," said Marcus Ingram, the fund's faculty adviser. "UT competed strongly with large schools that manage funds in the millions of dollars and which have unlimited resources and direct access to assistance from Wall Street firms." Then again, maybe this is a sign that assistance from Wall Street firms isn't always a good thing.

University of Tampa students win investing competition 04/04/08 [Last modified: Friday, April 4, 2008 5:33pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Legalized medical marijuana signed into law by Rick Scott

    State Roundup

    TALLAHASSEE — Gov. Rick Scott on Friday signed into law a broader medical marijuana system for the state, following through on a promise he made earlier this month.

    Gov. Rick Scott signed legislation on Friday that legalizes medical marijuana in Florida.
  2. Line of moms welcome Once Upon A Child to Carrollwood


    CARROLLWOOD — Strollers of all shapes and sizes are lined up in front of the store, and inside, there are racks of children's clothing in every color of the rainbow.

    At Once Upon A Child, you often as many baby strollers outside as you find baby furniture and accessories. It recently opened this location in Carrollwood. Photo by Danielle Hauser
  3. Pastries N Chaat brings North India cuisine to North Tampa


    TAMPA — Pastries N Chaat, a new restaurant offering Indian street food, opened this week near the University of South Florida.

    The menu at Pastries N Chaat includes a large variety of Biriyani, an entree owners say is beloved by millions. Photo courtesy of Pastries N Chaat.
  4. 'Garbage juice' seen as threat to drinking water in Florida Panhandle county


    To Waste Management, the nation's largest handler of garbage, the liquid that winds up at the bottom of a landfill is called "leachate," and it can safely be disposed of in a well that's 4,200 feet deep.

    Three samples that were displayed by Jackson County NAACP President Ronstance Pittman at a public meeting on Waste Management's deep well injection proposal. The sample on the left is full of leachate from the Jackson County landfill, the stuff that would be injected into the well. The sample on the right shows leachate after it's been treated at a wastewater treatment plant. The one in the middle is tap water.
  5. Honda denies covering up dangers of Takata air bags


    With just a third of the defective Takata air bag inflators replaced nationwide, the corporate blame game of who will take responsibility — and pay — for the issue has shifted into another gear.

    Honda is denying covering up dangers of Takata air bags. | [Scott McIntyre, New York Times]