Students Help Colleges Manage Portfolios; Offering the 'Experience' Can Pay Off for Schools

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Some colleges and universities find they don't have to go far to locate good investment managers for their endowment funds - their students are handling some of the accounts.

At least 185 American colleges and universities have student portfolio managers who invest either portions of the universities' reserves or gift funds donated by alumni, said David Sauer, a professor of finance at the University of Dayton in Ohio. That's more than triple the 48 student portfolio programs that existed in 1995, he said.

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Students Help Colleges Manage Portfolios; Offering the 'Experience' Can Pay Off for Schools

Sauer, who runs Dayton's Davis Center for Portfolio Management, said both the universities and the stu...

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