Anderson Student Asset Management
Anderson Student Asset Management logo

The Anderson Student Asset Management (ASAM or the Fund) is an investment fund that aims to:

- Provide a competitive rate of risk-adjusted return to its investors
- Enhance the educational and professional opportunities of MBA students from the UCLA Anderson School of Management through experiential learning

A portion of the long-term profits of the fund will be donated to the UCLA Anderson School of Management for support in student scholarships and for support of research in finance.

 

ASAM Portfolio Managers

 
Naqi Jaffery

Naqi Jaffery     

FEMBA '19

Frank Mihail

FEMBA '18

Doug Paulus

Doug Paulus

FEMBA '19

Quang Ngu

Quang Ngu

FEMBA '18

Joyce Truong

Joyce Truong

MBA '18

Alex Wallach

Alex Wallach

FEMBA '19

Kunjan Sobhani

Kunjan Sobhani

FEMBA '19

Janelle Zhu

Janelle Zhu

MBA '18

Gaurav Singh

Gaurav Singh

FEMBA '18

Jung Shin

Jung Shin

FEMBA '19

Eugene Wu

FEMBA '19

Daniel Lee

Daniel Lee

FEMBA '18

Zhenhua Gong

Zhenhua Gong

FEMBA '19

Brent Josephson

FEMBA '19

Pramol Dhawan

Pramol Dhawan

FEMBA '18

Weipeng Lu

Weipeng Lu

FEMBA '19

 

Faculty Advisor

 
mark grinblatt

Faculty Advisor, Mark Grinblatt

Distinguished Professor of Finance; Japan Alumni Chair in International Finance

After graduate studies at Yale University, Mark Grinblatt joined the professoriate at the UCLA Anderson School of Management in 1981. He now holds the Japan Alumni Chair in International Finance and the title of Distinguished Professor.

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Investment Philosophy

 

The objective of the Fund is the preservation of capital and the pursuit of favorable risk-adjusted returns. The student portfolio managers work as a team, adhering to the stated investment policies and limits, to strive for superior long-term performance.

The Fund seeks to achieve its objectives through a diversified portfolio of securities that meet the fundamental and technical specifications adopted by its managers. The Fund's managers believe that, in a dynamic market, security prices sometimes violate sensible risk/return boundaries. The Fund seeks to identify and exploit these opportunities through large-sample quantitative techniques and detailed fundamental analysis of specific companies. Student portfolio managers leverage the research and analytical capabilities provided by the UCLA Anderson finance faculty. Particular emphasis is given to investment strategies that have demonstrated their validity in academic research.

The student portfolio managers, along with their advisor and oversight committee, determine an optimal mix of equity, fixed income and cash investments. Subject to minimum liquidity requirements, the Fund may hold the stock of any publicly traded U.S. firm on an approved list of stocks selected in consultation with the faculty advisor.

To avoid systematic risk from individual securities, the student portfolio managers establish maximum position limits. The Fund is prudently diversified to avoid the undue risk inherent in concentrations in any single economic sector, industry group or individual security.

The student portfolio managers, in consultation with the oversight committee, select a benchmark for each strategy in the Fund that reflects the asset allocation decision.

 

Recruiting

 

Each year, in January, up to 20 students are selected to become student-managers of the Fund and act as portfolio managers during the five-quarter period starting in the spring quarter of that year. A presentation will be scheduled during the fall quarter for interested students. For inquiries about the recruiting of a new class, please contact Doug Paulus.

 

Fund Strategies

 

Each year the Fund Mangers perform a detailed study of the state-of-the-art in finance theory. Each strategy is critically analyzed for theoretical soundness, implementability, and performance history. This study results in new candidate strategies, that are evaluated against previously implemented strategies. The new strategies are then carefully executed in parallel with surviving existing strategies.

Guest speakers

The Anderson Student Asset Management fund regularly sponsors professional money managers to present topics relevant to financial management to the team and the Anderson community.

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Firm Visits

The Anderson Student Asset Management fund regularly sponsors professional money managers to present topics relevant to financial management to the team and the Anderson community.

View Firm Visits

 

Contact Us

 

Don't hesitate to contact us with any inquiries or requests regarding the Anderson Student Asset Management Fellowship.