Friday, 9/3/10 - AIM Open House (2:00 - 3:00 PM), AIM Investment Advisory Meeting (3:00 – 4:30 PM) Location: AIM Room
Friday, 9/10/2010 - AIM Investment Advisory Meeting (2:00 - 3:00), AIM Open House (3:00 – 3:30), AIM Investment Advisory Meeting (3:30 – 5:00 PM) Location: AIM Room
Friday, 9/17/10 - AIM Investment Advisory “Road Show” Meeting (2:00 – 3:30 PM), Location: Timpani Capital Management, Menomonee Falls, Milwaukee
Friday, 10/8/10 - AIM Investment Advisory “Road Show” Meeting (2:00 – 3:30 PM) Location: Mason Street Advisors / Northwestern Mutual
Wednesday 10/27/2010 - AIM Investment Advisory “Chicago Circles” Meeting (6:00 – 8:00 PM) AIM presentations before Circles at an investment firm. Location: Chicago
Thursday, 11/11/2010 - AIM Investment Advisory Meeting (5:00 – 8:00 PM) Location: AIM Room
Friday, 11/12/2010 - AIM Investment Advisory “Chicago Road Show” Meeting (11:00 AM – 1:00 PM) Location: Chicago
Thursday, 12/9/2010 - AIM Investment Advisory Meeting (5:00 – 7:00 PM) Location: AIM Room
The students enrolled in the AIM program gain valuable experience by managing a portion of the University’s endowment fund. Currently there are two equity funds (small cap and international) and a fixed income fund managed by the students – the portfolios have a combined market value of about $1.6 million.
The AIM Fund student managers must meet the same basic policies and performance guidelines as required of the other money managers hired to invest Marquette University’s endowment funds. In keeping with these requirements, the student managers seek to achieve excess rates of return for the three funds, while assuming risks similar to those of the Russell 2000, S&P ADR, and the Barclays Aggregate Bond Indexes, respectively. The AIM equity funds are sector neutral – with each student responsible for managing the stocks within a specific sector. As a result, because the portfolios are broadly diversified across industries and regions, the students are able to focus on investing in well-managed, profitable businesses – which avoids exposing the University’s funds to imprudent economic or industry risks.
The investment professionals, alumni, and faculty that attend the meetings serve as an unofficial investment advisory board to the students. The meeting attendees are free to ask questions during the presentations and to provide commentary – which further enhances the applied learning experiences of the AIM students. The students have the sole discretion of which investments to add or remove from the portfolios; however, their actions must be in compliance with the AIM Investment Policy Statement. The AIM funds are rebalanced in a timely manner and the students continuously monitor the funds during the school year. The AIM Director oversees the student activities and works closely with the investment management community.
We appreciate your support and welcome you to attend the regularly scheduled AIM Fund Investment Advisory meetings either in person or via web conferencing. The schedule is presented above. For additional information, please contact: Dr. David Krause, AIM Director, 414 288-1457, david.krause@marquette.edu or his assistant, Lee Hovorka, 414 288-8024, lee.hovorka@marquette.edu.
