Tuesday, November 29, 2016

The Annual Marquette University Fall FMA/AIM Chicago Trip Will Occur This Friday

Finance Students from Marquette Will Be Headed to Chicago on Friday, December 2, 2016
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Dr. David Krause and the student officers of the Financial Management Association (FMA) have completed the final plans for the fall 2016 Marquette University FMA/AIM Chicago trip. 

Dr. Krause and other finance faculty (including Jeff Germanotta and Bill Walker) will be headed to Chicago on Friday, December 2, 2016, accompanying over 40 Marquette finance majors on the annual fall trip. Freshmen, sophomores, juniors and seniors studying finance at Marquette will make the trek to Chicago.

Following their crack-of-dawn departure from campus on Friday, they hope to arrive at Legal & General Investment Management America (71 South Wacker Drive, Chicago) and begin their day at 9:00. The group will be provided a tour, followed by a presentation. Marquette alumni at Legal & General include: John Bender (CIO Fixed Income), Steve Marszalek (Research Analyst, Fixed Income), and Jaime Rehm (Analyst, Investment Analytics and Reporting). 
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Legal & General Investment Management America was founded in 2006 and specializes in fixed income, liability driven investment solutions and index capabilities for the US institutional market. They offer a range of strategies to help clients manage their investment objectives including investment grade fixed income, which can range from market-based alpha-oriented strategies to those that are designed to be more liability-centric, derivative overlays, or indexed solutions.

Dr. Krause said, “We are looking forward to our visit to Legal & General – I know the students are interested in learning more about the firm. Many of our students are from the Chicago-area and I know they hope to learn more about future career opportunities at Legal & General – and it will be good to see our AIM program alumnus again. It should be a good visit.”
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Following this visit the students will proceed to the Union League Club (65 W Jackson Blvd.) where at 10:30 they will begin their stock pitches. There will be four pitches prior to lunch – with three more following in the early afternoon.

AIM Equity Presentations for Friday, December 2, 2016
Student Presenter Sector Company Name Ticker
Taylor Smith International Technology Criteo SA CRTO
Nicholas Christman
International Financial Services
Deutsche Bank AG DB
Casey McClelland Consumer Discretionary Shake Shack SHAK
Dominic Delia International Consumer Staples
Jaclyn Godwin International Financial Services
Credicorp BAP
Joe Mungenast Healthcare Ardelyz ARDX
Nathaniel Penn Utilities MDU Resources, Inc.  MDU

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Tom Digenan, UBS
At 11:30 the students and alumni in attendance will be treated to a working lunch and have the opportunity to hear from three prominent Marquette alumni: Tom Digenan, UBS; Jim Bianco, Bianco Research; and William Heard, Heard Capital.

Tom Digenan (CFA, CPA) is a Managing Director at UBS and the Head of US Intrinsic Value Equity. In this role, he is responsible for US equities portfolio construction and research. An alumni of Marquette, he also teaches Investments in our Graduate School of Management.

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Jim Bianco, Bianco Research
Jim Bianco is the President of Bianco Research. A frequent guest on CNBC and Bloomberg, he has been producing highly respected daily financial market commentaries since 1990 with a circulation of hundreds of portfolio managers and traders. His commentaries are primarily devoted to the fixed income markets with special emphasis on: Federal Reserve policy and money flow characteristics of primary dealers, mutual funds, hedge funds, futures traders, banks, and institutional investors. He is Marquette alumnus and a frequent guest on campus.

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William Heard, Heard Capital
William Heard is CEO, CIO and Founder of Heard Capital (a Chicago-based hedge fund). William is a graduate of the Marquette University with degrees in Finance and Real Estate. Prior to starting Heard Capital, he was a Special Situations Analyst for Stark Investments, a global alternative investment firm. William was instrumental in the creation of Marquette’s Applied Investment Management (AIM) program.

Following the student stock pitches, the group will proceed to GCM Grosvenor (900 North Michigan Avenue). Grosvenor is one of the world's largest independent alternative asset management firms, with over $45 billion in assets under management and over 450 professionals. The firm offers hedge fund and private equity investment management and advisory services to clients worldwide. It is one of the world's top discretionary allocators to hedge funds and private equity investments.

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GCM Grosvenor's clients are mostly institutions, such as pension funds, sovereign wealth entities, banks, corporations, insurance companies, charitable organizations and endowments. The firm develops customized investment programs and also manages commingled investment products for its clients. 

Marquette alumni at Grosvenor include Nicholas Parrish (Director) and Varun Varma (Investment Analyst). Following an overview of Grosvenor, the students will learn more about the firm’s approach to investment advisory in the hedge fund and private equity sectors.

Dr. Krause stated, “This will be our fourth visit to Grosvenor and we are delighted to be returning. It will be beneficial for the students to learn about the fund of funds approach Grosvenor employs - I'm confident this will be another successful FMA/AIM visit to Chicago.”