Three University of Guelph-Humber Business students have been named Portfolio Managers for UofGH’s Virtual Hedge Fund, where they will help to manage a $1 million investment of virtual money.
The Virtual Hedge Fund was created last fall by Dr. George Bragues, Assistant Vice-Provost and Business Program Head.
Lawrence Lee, Lisa DeMatos and Alex Nwaokoro are the incoming members for 2019-20, replacing three graduating students. The three newcomers join returning members William Houghton, Janefer Vo and Jason Wang Williams.
Students selected as fund managers are responsible for analyzing investment opportunities, presenting their recommendations, deciding the composition of the portfolio, and evaluating performance.
Dr. Bragues and Alireza Talebi act as faculty advisors, though students selected as fund managers are chiefly responsible for the operation of the virtual hedge fund. Dr. Bragues and Talebi then provide the students chosen as fund managers with lessons on how to research securities and manage risk.
Students also benefit by:
- Gaining knowledge about the financial markets and investments
- Improving their resumes to pursue job opportunities in the field of investment management
- Learning state-of-the art techniques of security analysis and risk management
- Enhancing their group work and presentations skills
- Networking with others interested in financial markets
- Adding to their co-curricular record
