News And Events
Guest Speaker - Friday Nov 7th
Our series of invited guest speakers continues this semester with a talk to students by one of the most successful wealth advisors in the nation.
Mr. Roger Coleman, Managing Director at Morgan Stanley, will speak to the Greystone Equity Fund class on Friday Nov 7th at 3:30PM in the Investment Center.
Roger has been recognized annually in the Barron's Top 100 Financial Advisors list since 2006, and has been ranked #1 for New York State in Barron's State by State ranking of the Top 1000 Financial Advisors. All interested students, faculty and staff are welcome to attend.
Seeded with an initial capital of $100,000 in May 2011, the Greystone Equity Fund has continued to grow over time. We are pleased to report that on July 1st, 2014, the portfolio value reached $140,000. Congratulations to all our student managers.
Portfolio Update - May 2014
We are currently re-balancing the Greystone Equity Fund, opening new positions in NextEra Energy, Michael Kors, Anheuser Busch, Diamondback Energy, Gilead, Union Pacific and Lyondell Basell. We are disposing of ConAgra, TransCanada, Goldman Sachs, Fair Isaac, T-Mobile and Ternium.
As of April 30 the fund has marginally out-performed the S&P500 over the past 12 months (20.52% vs. 20.41%).
Our new cohort of student investment managers has taken over responsibility for the Spring 2014 semester. We shall post updates on the fund performance on a monthly basis.
CFA Level 1 Examination, June 2014
This Spring, a group of Marist College students will be preparing to sit for the Level 1 Examination organized by the CFA Institute. The Chartered Financial Analyst designation is the gold standard in the asset management business. Our students will be participating in series of weekly classes to aid in their exam preparation. For more information on the prep class please see Prof. Brian Haughey. To learn more about the CFA charter, please visit www.cfainstitute.org.
Student Investment Club
The Student Investment Club meets on Thursday evenings, at 9:15PM, in HC2023. The club is a forum for students who are interested in the capital markets and investing. Each week there are lectures by students on topics of interest, discussions of current market events, and analysis of selected stocks. All are welcome - for more information, see the Marist College Investment Club group on Facebook.
BUS 120 - Financial Literacy Class
The one-credit, eight-week series of classes covering basic financial literacy will be held again this semester. This class is highly recommended for all Marist students, particularly Seniors. For more information, please contact Prof. John Finnigan, Prof. Philip LaRocco, or Professor Haughey.