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Current Newsletter
Parker Center News
Cayuga MBA Fund News
Media Hits
Mark Your Calendars!
Our Thanks To...
Want To Get Involved? Here's How
Parker Center News
Parker Center's new website
The Johnson School launched a new website for the Parker Center for Investment Research in February 2007. The new site highlights the Center's impressive accomplishments and is more consistent with the Johnson School image. We welcome your feedback!
Cayuga MBA Fund selection process underway
We have begun our annual selection process to determine the next group of Cayuga Fund student portfolio managers. Applications will be due by mid-February and final results are expected to be announced in early March. Interviews will be conducted by current Cayuga Fund student portfolio managers who will submit their recommendations to the faculty selection committee, which makes the final decisions. Strong grades in the core accounting and finance courses, a commitment to a career in investment research, strong team spirit, relevant experience, and performance in the interviews are the key factors used to determine suitability.
Johnson School students to visit Warren Buffett on April 20
A group of Cayuga Fund students will be visiting with famed investor Warren Buffett on April 20, 2007 in his hometown of Omaha, Nebraska. Students will have an opportunity to listen to Mr. Buffett and ask questions. We hope to make this an annual tradition!
5th Annual MBA Stock Pitch Competition a success!
The Johnson School's 5th Annual MBA Stock Pitch Competition, held on November 3, 2006 was a success. This year saw the most number of teams participating, with twelve teams competing for top honors and cash prizes. This year's first place winner was Northwestern University's Kellogg, followed by a first-ever tie for second place between the University of Virginia's Darden School and the R.H. Smith School of Business at the University of Maryland. See more details on the event, including this fall's pictures and results. Alumnus and lead sponsor, Jack M. Ferraro '70 was the guest of honor this year and made the final awards presentation.
Cayuga MBA Fund News
2006 Fund Performance
The Cayuga MBA Fund currently has total assets under management of over $13 million. In 2006, the fund delivered a return of 14.2% versus 4.8% for the HFR Equity Market Neutral Index and 9.2% for the HFR Equity Hedge Index. The S&P was up 15.6% in the same period. The fund remains closed to all investors. More information...
Media Hits
Cayuga Fund Students Appear on Fast Money
Fast Money (CNBC) – January 28, 2007
Cayuga Fund student Eliecer Palacios '07 made an appearance on CNBC's Fast Money on January 28, 2007. Eliecer is the energy analyst for the Cayuga Fund and asked the panel of experts a question related to alternative energy. Ryan Prince '07 was also on the show on February 6, 2007, and asked a question about the home building sector.
Cayuga Fund Wraps Up Positive Year
(free subscription required) HedgeWorld.com - January 17, 2007
The Cayuga MBA Fund finished up 14.16% and posted strong fourth quarter returns. This article also appeared in: Black Enterprise - Jan. 18, 2007
Biz School Housing Bets
Wall Street Journal - November 6, 2006
The Market Beat Blog covered the Stock Pitch Competition held at the school on November 3.
Trading Spaces, B-School Edition
BusinessWeek.com - October 30, 2006
Lakshmi Bhojraj is quoted in this article that highlights how and why business schools are building trading rooms on campus.
Analysts Miss Mark on Wall Street Brokerage Profits
Reuters - September 29, 2006
Professor Sanjeev Bhojraj is quoted in this article that also appeared in the New York Times, Boston Globe, Yahoo! Finance, MSN Money, and more than a dozen other outlets. Professor Bhojraj explains how his research has found that firms that marginally miss analysts' estimates are better off in the long run than companies that beat estimates by managing their earnings.
Mark Your Calendars!
April 21: 8th Annual Cayuga MBA Fund, LLC Investor Meeting
The 8th Annual Cayuga MBA Fund, LLC Investor Meeting will be held in Ithaca on April 21, 2007. This year, we have moved the annual meeting to coincide with the School's Advisory Council meeting so that the Council may have an opportunity to watch our students make their presentations.
November 2: 2007 MBA Stock Pitch Competition
The 2007 MBA Stock Pitch Competition will be held in Ithaca, NY on November 2
Our Thanks To...
MBA Stock Pitch Competition Sponsors/Judges/Participants
We thank the sponsors of the 5th Annual MBA Stock Pitch competition for their generous support of the event. This year's sponsors included alumnus Jack Ferraro '70, Barclays Global Investors (BGI), Fidelity Investments, Wellington Management, UBS, BlackRock and Morgan Stanley. Software sponsors included Capital IQ, FactSet, StockVal, and Thomson Financial.
We also thank our distinguished panel of judges for taking time out of their busy schedules to participate: Christopher Chouinard, Vice President and Equity Analyst, Morgan Stanley. Fred Gaskin, Managing Director and Portfolio Manager, BlackRock, Michael Katz, Executive Director, Equity Corporate Client Service Group, UBS, Lawrence Rakers, Portfolio Manager, Fidelity Investments, Kerstin Ramstrom '01, SVP, State Street Global Advisors, and Andrew Shilling, SVP, Partner and Equity Portfolio Manager, Wellington Management.
Finally, we thank all the participants from the various schools who worked very hard on their presentations and made the competition a success!
Cayuga MBA Fund Speakers
We would like to thank the following guest speakers in Professor Sanjeev Bhojraj's Cayuga MBA Fund class this fall:
- Travis Jordan '04 – Associate, Prime Services, Deutsche Bank
- Jeff Lindenbaum – Managing Director, Ivy Asset Management
- Michael Mauboussin, CFA – Chief Investment Strategist at Legg Mason Capital Management
- Tom Sprague CU '79 – Former large-cap growth portfolio manager for Fidelity Investments
Want To Get Involved? Here's How
Help us with fundraising
Get your firm to be a corporate sponsor of the Parker Center with a donation of $5K or more and help us maintain our exceptional platform for investment management education. In addition, donate whatever you can annually to the Johnson Graduate School of Management and make your donation for benefit of the Parker Center for Investment Research.
Volunteer to be a speaker in the Cayuga Fund class or any relevant class
Both the faculty and students would appreciate your time.
Hire our students
If you work in investment management, research or sales and trading, consider our talented and well-trained pool of Cayuga Fund students and those in the Capital Markets and Asset Management immersion (formerly known as the Research, Sales and Trading immersion) for your hiring needs. Please contact Karin Ash at the Johnson School's Career Management Center to establish a recruiting relationship with the school and keep the Parker Center posted on any such new relationship.
Suggest improvements on anything related to the Parker Center or the Cayuga MBA Fund
We have already implemented some alumni suggestions and look forward to receiving more!
Update your records online!
Your current information is critical to help us keep in touch with you and for student networking purposes. Update your information now!
