University of North Carolina Kenan-Flagler Business School Adds Social Impact Fun to Student-Managed Investment Portfolio

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Business students at UNC Kenan-Flalger are going to invest real money using socially responsible principles.

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Business students at the University of North Carolina Kenan-Flagler Business School are going to invest real money using socially responsible principles.

A new $250,000 public equity fund will be managed by MBA and undergraduate students at UNC Kenan-Flagler.

UNC Kenan-Flagler has a variety of student-run funds that collectively manage more than $12 million. Each fund has a distinct investment strategy, but the goal for all of them is to achieve superior returns while providing students with a unique educational experience. Students have access to all aspects of the fund management and investment analysis and those experiences and the skills they develop prepare them for careers in investing.

Working with the Applied Investment Management’s (AIM) Global Perspectives Fund, a $2.5 million hedge fund, a select group of students will manage the new funds using socially responsible investment (SRI) principles.

“This social-impact fund is a wonderful intersection of areas for which UNC Kenan-Flagler has a long track record of excellence: investment management, sustainability and real-life learning,” said Carol Hee, director of the Center for Sustainable Enterprise at UNC Kenan-Flagler. “Our students will be able to test their hypotheses about what makes one company better than another using the triple bottom line as the metric.

“Even students who wouldn't describe themselves as ‘interested in sustainability’ will benefit from exposure to this new investment strategy,” said Chip Snively, a finance professor at UNC Kenan-Flagler. “After participating in the AIM program, our graduates are well equipped to add value to the organizations that hire them.”

Details on investment policy, fund operational procedures and social impact goals for the fund will be established by students with an expected launch during the 2015-16 academic year.

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About the University of North Carolina Kenan-Flagler Business School
Consistently ranked one of the world's best business schools, UNC Kenan-Flagler is known for its collaborative culture that stems from its core values: excellence, leadership, integrity, community and teamwork. Professors excel at both teaching and research, and demonstrate unparalleled dedication to students. Graduates are effective, principled leaders who have the technical and managerial skills to deliver results in the global business environment. UNC Kenan-Flagler offers a rich portfolio of programs and extraordinary, real-life learning experiences: Undergraduate Business (BSBA), full-time MBA, Executive MBA Programs (Evening, Weekend and global OneMBA®), online MBA@UNC, UNC-Tsinghua Dual-Degree EMBA, Master of Accounting, PhD, Executive Development, and UNC Business Essentials programs. It is home to the Frank Hawkins Kenan Institute of Private Enterprise.

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