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Millsaps Team Headed to CFA Research Challenge in Chicago

by Web on February 11, 2016

Five Millsaps College Else School of Management seniors are headed to the CFA Research Challenge in Chicago this spring thanks to their team’s top win in the Mid-South CFA Research Challenge in February.

The Millsaps team of Ryan Henry of Fort  Lauderdale, Fla., Davis Bourne of Jackson, Miss., Jack Houtz of Austin, Texas, Abi White of Spring, Texas, and James Clark of San Antonio, Texas, finished first among teams from Rhodes College, the University of Memphis, the University of Arkansas at Little Rock, Freed-Hardeman University, and Harding University.

Each team completed a written report that analyzed Sanderson Farms, an integrated poultry processing company based in Laurel, and also competed in an oral component of the competition that was held in Memphis. The Millsaps team had the highest combined score.  

Julius Ridgway, a portfolio manager at Medley and Brown who earned an M.B.A. from Millsaps College and a master of finance and accounting from the London School of Economics, served as the team’s industry mentor. Dr. Walter P. Neely, professor of finance, is the faculty advisor of the team, which is also in charge of the General Louis Wilson Student-Managed Fund, a portfolio that is part of the Millsaps endowment.

The team will compete in the CFA Research Challenge, the Americas competition that includes colleges from North and South America, that is scheduled in Chicago in April.   

The CFA Research Challenge, sponsored by the Chartered Financial Analysts Institute, is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. The CFA Societies of Memphis, Mississippi, and Arkansas sponsor the Mid-South regional Competition. For more information, go to https://www.cfainstitute.org/community/challenge/Pages/index.aspx.