Wednesday, April 04, 2007

So Proud!

My brother, Shawn, is on the APMP (Applied Portfolio Management) team at MTU. This team of nine students manaages $1.15M in MTU's money and then competes in the RISE (Redefining Investment Strategy Education) conference, the largest North American student investment conference. Last weekend at the conference the MTU APMP won
with the highest risk-adjusted return for 2006 in the undergraduate division at the national investment competition. MTU APMP reported a 2006 annual return of 20.96% with only a 2.31% standard deviation in monthly returns. More than 1,700 participants from 218 colleges and universities (including Harvard, Yale, Brown, Northwestern, UCLA, UofM, etc), representing every state and continent, competed this year. Hurray for showing those 'big name' schools what we're made of at MTU!

2 comments:

Cat said...

Congrats to your brother and to MTU. But let's note one sad fact: only two women in the photo. Come on girls!

Jericho Rose said...

That is awesome. I just sent you an email.