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MBA students win first place at GAME conference

Four members of the Lamar University Student Managed Investment Fund (SMIF) placed first in one category of the Student Managed Portfolio Competition at the annual Global Asset Management Education (GAME) conference. The GAME conference, which hosted more than 1,000 students from numerous universities from the United States and abroad, was held at Quinnipiac University in New York City March 19-22.

The four students were Katherine Brockett of Geelong, Australia; Sijie Sun of Hehehot, China; Thomas David of Lumberton; and Clayton Owen of Port Arthur. They were accompanied by Tommy Thompson, LU associate professor of economics and finance.

“Since January 2009, the Lamar University SMIF manages funds for the Lamar Foundation,” Thompson said. “MBA students in two classes conduct security analysis, make purchase and sale recommendations, and manage the portfolio. The funds are invested in mid-cap or larger U.S. companies.”

The students presented a poster of the Lamar SMIF on March 21 and were awarded first place in graduate-level growth funds for their work. This is the fourth consecutive year in which Lamar students have won first place in a graduate-level category. In the previous three years, Lamar students have won in the category of graduate-level value funds.

Thompson said the four students were able to attend panel discussions led by several leading Wall Street professionals over topics such as the economy, alternative assets, stock markets and corporate governance.

“The significance of the conference is that the major players on Wall Street, the undisputed global financial center, provide knowledge and guidance to several thousand college students who attend this conference,” Thompson said.