The Bryn Mawr College Owl Investment Group (OIG) was ranked sixth out of 18 in this year’s Adirondack Cup, an initiative through which college and graduate students can create their own hypothetical small cap portfolio for six months. The OIG finished with an investment return of 26.44 percent, beating the Russell 2000 market return of 15.4 percent. This is the first year OIG participated.
Interested students can still sign up to take part in the TCFA Global Investment Contest. For more information, contact Wendy Huang ’13.
The OIG began in 1976, when an anonymous donor gave $100,000 to the College for the purpose of helping students learn to invest money in the stock market. The investment group was formed and has tracked their portfolio, traditionally giving money back to the College in the form of club and other donations. This year, OIG will donate $5,000 towards Sandy relief efforts, forgoing their annual donation to Bryn Mawr. They currently hold a stock portfolio valued at over $130,000. They have investments in 24 companies, including Apple Inc, Kraft, Cisco Systems, Inc., Microsoft Corp., AT&T, and Cia Energetica de Minas Gerais.
The investment group currently has more than 35 members and meets every Wednesday at 9 p.m. Any student interested in the Owl Investment Group should contact Andrea Parra at Aparra@brynmawr.edu or see the Owl Investment Group blog.