Students manage $1 million of Drexel's endowment

Lynn Russo Whylly's picture
Thursday, July 11, 2013

The student-managed portfolio, called the Dragon Fund, began in 2007 with a $250,000 contribution from Drexel. The university contributed another $100,000 in 2011 and then $500,000 in May.

The fund has gained more than $150,000, due to the investments made by the students.

“The fund has performed quite well. It has beaten its benchmark,” said Daniel Dorn, associate professor of finance, who oversees the fund along with colleague, Ed Nelling, professor of finance. Students and their faculty advisors recently won a university competition by the LeBow College of Business to come up with innovative classroom educational models focused on technology.

The group proposed ways for students to connect with investment professionals outside the school and area for feedback via video conferencing, Dorn said.

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