MO
Matthew Ohman
  • economics
  • Class of 2018
  • Buffalo, NY

Matthew Ohman Helps to Manage Small-Cap Porfolio

2017 Apr 24

Matthew Ohman of Buffalo, NY took part in the Adirondack Cup competition as a member of a student team from Buffalo State's Economics and Finance Department. The team earned a return of 15.18 percent on a (hypothetical) million-dollar investment portfolio, outperforming the benchmark Russell 2000 Index in this year's competition.

"This is the fourth year students in the Economics and Finance Department have competed in the Adirondack Cup," said Gene Chaas, lecturer and faculty adviser to the team. "We've held our own against some outstanding schools." The team's final standing was eighth of 22 teams, after hitting third place during the 2016-2017 competition.

Alicia Lasch, director of investor relations with Adirondack Funds, visited Buffalo State in March to meet this year's team. "The students were really engaged and they asked a lot of great questions," she said. "It's wonderful to share our passion for investment with students by giving them some exposure to the financial world. We encourage the teams to be thoughtful in their research and to think in terms of long-term strategy. We've been delighted to see the enthusiasm students bring to the competition."