SPIFFY, the Maine Business School’s student investment club, has won first-place in a worldwide portfolio competition.
The competition was part of the Quinnipiac Global Asset Management Education (GAME) VIII forum March 22–24 in New York City, in which 1,500 students from more than 160 colleges and universities had the opportunity to interact with industry leaders and learn best practices in investment strategy.
An important feature of the annual event is the portfolio competition that compares the performance of student-managed investment funds. Each college investment team submitted its portfolio account statements, along with asset holdings.
“This is the first time SPIFFY has won this challenging competition and so it is a very significant success,” says Sebastian Lobe, assistant professor of finance and SPIFFY co-adviser with finance and accounting lecturer Matt Skaves.