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6th Annual Investment Committee Meeting

The Lincoln Student Managed Investment Fund (LSMIF) successfully concluded its activities for the academic year 2023/24 with the 6th Annual Investment Committee Meeting. The LSMIF extends its heartfelt gratitude to all the speakers, guests, academics, and students who attended the conference. The management extends its deepest gratitude to the outstanding organising committee for their meticulous preparation and excellent event management. Their dedication ensured the conference’s resounding success. Special thanks go to Dr. Luong Dao, CEO of Marvin Group, the Brewin Dolphin professionals Liberty Chelsea, David SpokesOliver Myers, and Tom LindsayHoward Gannaway, and Bahar Tömek for their invaluable contributions.

While a student-led initiative, the LSMIF wouldn’t be where it stands today without the unwavering support of Professor Manh Hao QuachJames Wright FCCA ✅, and Siobhan Goggin. Their unwavering belief in the LSMIF’s objectives and their contributions from the outset deserve the highest recognition. Special thanks go to the LIBS marketing team Antonio Ruiz MartosMariana Moilinga, and Sofiia Umanets. for their continued support with event coverage and promotion.

This year has been a resounding success for the LSMIF. Students gained invaluable experience, applying classroom theory to real-world situations while managing their studies. Despite limitations, the fund exceeded expectations by hosting educational guest speaker talks, securing conference competition successes, conducting internal stock pitch competitions, and maintaining weekly meetings to stay informed about the financial markets. The year culminates with a portfolio rebalancing vote, where members and management will select the most promising investment opportunities. The LSMIF eagerly anticipates welcoming both new and returning members next year, fostering a strong mindset aligned with the capital markets and industry needs.

𝐓𝐢𝐜𝐤𝐞𝐭𝐬 𝐍𝐨𝐰 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞! 𝟔𝐭𝐡 𝐀𝐧𝐧𝐮𝐚𝐥 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐂𝐨𝐦𝐦𝐢𝐭𝐭𝐞𝐞 𝐌𝐞𝐞𝐭𝐢𝐧𝐠 & 𝐖𝐨𝐫𝐤𝐬𝐡𝐨𝐩

Following up on our previous announcement, the Investment Committee is pleased to announce that tickets are now available for the 6th Annual Investment Committee Meeting and Business Workshop!

📆 Date: April 17th, 2024
🕰 Time: 11:30 AM – 5:00 PM
👔 Dress code: Formal 
📍 Venue: Harvard Lecture Theatre (David Chiddick Building), University of Lincoln, LN5 7BD

Space is limited! Secure your spot by booking your tickets through the link below: https://lnkd.in/eDAeRFg6

✅ Please note: Entry will only be granted to those with a ticket or who are included on the guest list provided by the committee.

‼️Tickets are available until April 15th at 11:59 PM. Don’t miss out – register today‼️

The Lincoln Student Managed Investment Fund (LSMIF) Celebrates Success and Gears Up for Future Challenges

The Lincoln Student Managed Investment Fund (LSMIF) has demonstrably achieved remarkable success this term. Through a meticulously designed internal investment pitch competition held in February, LSMIF students showcased their proficiency in a comprehensive range of financial skills. Participants embarked on a rigorous journey, employing equity research, technical analysis, and valuation techniques to analyse companies across a diverse array of global indices. This competition served as a springboard, fostering the development of critical research and presentation skills – both paramount for navigating the complexities of the financial landscape.

Capitalising on this internal triumph, a selected group of LSMIF representatives distinguished themselves at the 3rd SMIF Conference in York, securing a coveted 1st place in the SMIF Poster competition. This achievement underscores the exceptional expertise cultivated within the LSMIF program.

We extend our gratitude to several individuals whose unwavering support has been instrumental in LSMIF’s success this term.

Professor Hao Quach deserves special recognition for his esteemed presence and continuous guidance. His contributions have played a vital role in the fund’s ongoing achievements.

We are also grateful to Siobhan Goggins, Head of the Department of Accountancy, Finance, and Economics. Her unwavering backing, both in guidance and financial support, underscores the significance of LSMIF within the broader school community.

Our thanks extend to the dedicated LIBS Marketing team, led by Senior College Communication Officer Antonio Ruiz Martos and his team members Marianna and Sofia. Their consistent presence at events throughout the year has been pivotal in promoting and elevating the visibility of our fund.

Finally, we recognise the Global Experience team. Their steadfast commitment and enduring collaboration have been invaluable to the fund’s operations and efficiency.

Leading such a talented and dedicated team as CEO of LSMIF is a profound honour. We take immense pride in the students who participated in the competitions and express our sincere appreciation to everyone mentioned above. This success would not be possible without your collective dedication.

Thank you for contributing to the prosperity of the Lincoln Student Managed Investment Fund.

Building on this momentum, LSMIF is excited to invite you to attend its 6th Annual Investment Committee meeting on Wednesday, April 17th 12-5pm. This event provides a unique opportunity to witness firsthand how the next generation of financial professionals approaches investment strategy and decision-making, but also the leadership team will present the investment proposals for this year’s portfolio. If you are interested attending our event in April, please, keep an eye on our blog or socials media for updates!

Athanasios Tsanaktsidis

CEO

Lincoln Student Managed Investment Fund

Second LSMIF Introductory event

Greetings to all,

After the high interest and demand of students, the LSMIF committee decided to run a second introductory event on the 3rd November at 11:30am at MB0302. 

 Here’s what you can expect:

Introduction to LSMIF: Learn about the fund and missions and how it benefits you in your future career.

Recruitment Process: Detailed insights into our recruitment process. 

Reputation: Join the elite group of 40 University students selected to serve as representatives for the fund, both within and beyond the campus, participating in conferences and competitions.

Objectives: Discover our investment strategies and objectives for the upcoming year. Understand how you can contribute and grow with us.

Meet the Management Team: Get to know our current members and the management team ask questions and connect with like-minded peers.

Q&A Session: Have your queries answered and gain insights into the world of student-managed investment funds.

Don’t miss this opportunity to expand your knowledge and gain experience with fellow students interested in finance and investments.

For any inquiries, please contact 18684197@students.lincoln.ac.uk or send a message on Discord chat!

IMPORTANT! If you cannot attend this event, please feel free to join our Discord chat and be in touch about our recruitment and application process, events, etc.

Here: https://lnkd.in/d4fUGhjD

We look forward to welcoming you to our LSMIF community and embarking on a rewarding investment journey together. See you on the 3rd!

Yours sincerely,

Athanasios Tsanaktsidis​​​​​​
CEO 
Lincoln Student Managed Investment Fund

First LSMIF Introductory Event 23/24!

We would like to express our gratitude to all the students who joined us at the introductory event held on 18th October at the David Chiddick Building. During this event, the committee had the opportunity to outline the main elements of the fund’s strategy for the current academic year, introduced the new recruitment process, and established a sector-based hierarchy. Following the conclusion of this event, we officially launched the application process and began the selection of the most promising students to represent the fund at the University. Please note that the application process will close on November 16th, so make sure to submit your application before that date!

LSMIF | Introductory event | 2023-24

Hello all,

We are excited to invite you to the Lincoln Student Managed Investment Fund (LSMIF) Introductory Session on October 18th. This event aims to introduce you to our new recruitment process and provide insights about the valuable experience within the fund.

Date: Wednesday, 18th October 2023 

Time: 2pm 

Location: David Chiddick building,  Room: DCB1101, First floor.  

Whether you’re a finance enthusiast or just curious about the world of investments, this session is for you! Here’s what you can expect:

  1. Introduction to LSMIF: Learn about the fund and missions and how it benefits you in your future career.
  1. Recruitment Process: Detailed insights into our recruitment process. 
  1. Reputation: Join the elite group of 40 University students selected to serve as representatives for the fund, both within and beyond the campus, participating in conferences and competitions.
  1. Objectives: Discover our investment strategies and objectives for the upcoming year. Understand how you can contribute and grow with us.
  1. Meet the Management Team: Get to know our current members and the management team ask questions and connect with like-minded peers.
  1. Q&A Session: Have your queries answered and gain insights into the world of student-managed investment funds.

Don’t miss this opportunity to expand your knowledge and gain experience with fellow students interested in finance and investments.

For any inquiries, please contact 18684197@students.lincoln.ac.uk

We look forward to welcoming you to our LSMIF community and embarking on a rewarding investment journey together. See you on the 18th!

Athanasios Tsanaktsidis

CEO

Lincoln Student Managed Investment Fund

Portfolio Rebalancing Worlshop

Thank you everyone for your attendance last Wednesday to our Rebalancing event where we pitched some decisions to be made on current holdings and heard some pitches from our CIO and some analysts on potential purchases!

LSMIF Weekly Newsletter: UK Housing slips, No More Rate Rises?, China, Shell, Aston Martin, Stock Futures

Hello All,

This is the third issue of the new LSMIF newsletter. Please share with your friends and family and message in the Discord to participate and share a story!

Current News and Affairs:

  • Persimmon warns new home sales may fall 40% on current trends; this is in response to the disastrous UK mini-budget and lenders raising rates accordingly
  • UK house prices suffer biggest fall in more than a decade! Interest rates bite back with Nationwide figures showing a greater than expected 1.1% drop in year to February
  • Andrew Bailey signals no pressing need for more rate rises! The markets expect rates to rise to 4.75% by the end of 2023, up from an expected peak of 4.25%, but Bailey, BoE Governor, thinks nothing in the data justifies this…
  • Chinese factory activity expands at fastest pace in more than a decade: This is an early signal of recovery following the zero-Covid reversal!
  • Shell exploring option of quitting Europe and moving to the US! This comes as executives attempt to close group’s valuation gap with US rivals
  • Aston Martin losses more than double to £495mn in 2022! The company still expects to generate cash later this year, expecting to reach its target £500mn adjusted profit by 2025
  • Mali’s Gold Output expected to fall in 2023
  • Stock Futures Rise as Investors Await Manufacturing Data: S&P 500 futures added 0.3% Wednesday. Contracts for tech-focused Nasdaq-100 gained 0.5%

Fund News:

  • SMIF and SouthEastern Hedge Fund competition submissions enter their last few days! Placing and progression within the competition will be included in the following week’s newsletter!
  • Rebalancing: We now turn our attention to our rebalancing event and next steps… Our Senior Analysts and Management Team have been looking at your reports and giving feedback so we hope to transition into the next stage seamlessly
  • Newsletter and Social Media Growth: The newsletter is growing steadily as well as the LinkedIn and Twitter account… again, if you don’t already, please navigate to our homepage and give the accounts a follow!

As always, thank you for your participation and attention.

Many Thanks,

LSMIF Management

LSMIF Weekly Newsletter: BAE, US Stocks Wobble, RR, UK Housing

Hello All,

This is the second issue of the new LSMIF newsletter. Please share with your friends and family and message in the Discord to participate and share a story!

Current News and Affairs:

  • BAE Systems takes in record order flows on back of Ukraine war; UK defence contractor reports 9% increase in sales ‘as government replenish stock… and support allies’ – The FTSE 100 group, which builds everything from Eurofighter Typhoon jets to nuclear submarines and combat vehicles, said it took in a record £37bn in new orders, propelling its order backlog to £58.9bn.
  • Rolls Royce looks promising! RR’s latest profits shows signs of improvement with “materially higher profit, cash flows, and returns”
  • Inflation Predictions: predicted to return to 2% by Autumn , Citigroup forecasts – Rapid falls in gas prices give government hope of solving some of its biggest economic challenges!
  • Russia and China cosy up… – Both vow to strengthen ties despite international ‘pressure’; this is worrying considering the weak position of the Russian economy teaming up with the rising superpower China
  • UK housing downturns tend to live long in our memories; is stagnation worse though? With higher borrowing costs and inflation, and decades of tighter mortgage lending, the UK property market faces the prospect of freezing to a standstill…
  • US stocks fluctuate as investors assess rate risk talk – US markets seemed to retaliate at the prospect of favoured higher rises in terms of point increases in efforts to battle on-going inflation.

Fund News:

  • First round of this year’s ERR’s were handed in (by the majority) yesterday… Management and Senior Analysts look forward to reading and marking these in the lead up to our rebalancing…
  • Again, please make sure this is handed in ASAP as we are now moving forward to actually using these reports for the fund’s benefit!
  • Competitions! The fund is actively involved in the SMIF and Southeastern Hedge Fund competitions, with teams honing down on their strategy and individual picks in the coming weeks!

Again, thank you for your participation and attention.

Many Thanks,

LSMIF Management

Investment Committee

On the 30th of November 2022, the first face to face investment committee was held since lockdown. We were pleased to see over 35 students and board of advisors that attended the event.

Matteo Di Rossi CEO of LSMIF started the presentation by mentioning his future plans for the fund. He stated that in the past there has been some difficulties to manage the fund due to Covid-19, which has made the  progress of P/L slower, therefore his new plans consist of active involvement of all members, creating new roles to better manage the fund and its progression. Also mentioned there will be a democratic system in the future which will allow other members to give their feedback. Carrying on he stated the areas for improvement which he believes are critical for the growth of the fund, recruitment of members in other schools in the university to grow popularity, have a strong social media presence by being more active on all the digital platforms and by adding a key role of Chief Marketing Officer (CMO) to the fund.

This session also included the portfolio asset allocation of the fund and which investments have been made, we had different members analysing the investments, and what shall be done for that stock. Some of the stocks that were discussed in this session were Ashtead Group Plc which accounts of 12% of the portfolio, Investec Plc which accounts of 8%, Beazley Plc which accounts of 13%.

Furthermore, we had a few words from our board of advisors. They commented on the presentation and gave a few tips for the future. David Spokes who is the Divisional director of Brewin Dolphin in Lincoln mentioned that the fund is performing well even though compared to FTSE 100 was underperformed, and the reason the he stated it was held up by energy and oil prices. However, he did comment on the fund’s cash holdings which are over 50%, he mentioned that just by being in the market is better that leaving large amounts of cash in the fund. For example, if £100 were invested in 1950 they would be equivalent to £184,000 in 2016. Mr. Howard Gannaway who is a financial expert and an advisor to LIBS viewed the large cash holdings of the fund as positive and mentioned‘Having large amount of cash implies that the fund is positive on new opportunities coming along’, also being impressed with the funds progress from where it started in 2015.

Overall, the event was a great success, everyone enjoyed the session the board of advisors were pleased with the progress made by the fund and the future plans set by the CEO. That is all for this week, make sure follow our twitter https://twitter.com/LSMIF_ , and subscribe to our weekly newsletter for the progression of the fundhttps://www.getrevue.co/profile/lsmif_

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