Last week, students pitched investment recommendations for the GW Phillips Student Investment Fund (GW PSIF) and the GW Real Estate Student Investment Fund (GW RESIF).
The GW PSIF was launched in 2008 and currently has over $2.7 million in assets under management (as of 12/12/2023). The GW RESIF fund was launched in 2017 and currently has over $145,000 in assets under management (as of 12/12/2023). Check out the most recent GWII Quarterly Report for performance details for both funds.
During the Stock Pitch Days, each student used the collective knowledge they gained throughout the semester to develop an investment pitch while utilizing the GW Investment Institute Framework of BMPB: Business, Management, Price/Valuation, and Balance Sheet. After each student gave their pitch, the investment committee, i.e., the other students in the class, voted on their recommendation. Students must convince at least 80% of the investment committee members to accept the recommendation for the portfolio.
Here is a summary of December 2023 Stock Pitch Days:
- 39 student pitches
- 24 student pitches accepted for investment, or 62%
- 11 existing positions were increased
- 11 new positions have been added to the fund
- Number of trades by sector:
- 7 in Consumer Discretionary and Staples
- 5 in Tech & Telecom
- 2 in Healthcare
- 3 in Financial Services
- 5 in Industrials & Infrastructure
- 2 in Data Centers & Self-Storage
Thank you to all of the students for their hard work and dedication.
A special thank you to our teaching assistants, Will Ahrens and Leon Kamenev, the 15 guest speakers, and Cushman & Wakefield for hosting an industry visit.
Stay tuned for the spring 2024 update from Prof. Lake!
