STUDENT

MANAGED FUND

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
I found the SMF essential in developing a knowledge base of the skills I would use everyday in a professional capacity in Investment Banking, in enhancing my ability to analyse what makes a company a good or bad investment, and in developing a network of like-minded individuals interested in getting the most out of their time in university to project themselves into their career with a valuable skill set
Tomás Beecham, Chief Investment Officer, 2018/2019

ABOUT US

OVERVIEW
The SMF is a student led investment club under the umbrella of the Investors and Entrepreneurs Society. Our purpose is to create a learning environment for students, connecting academic financial theory with practical experience in managing a real-money investment fund. 
STRUCTURE
Currently in partnership with Davy, the SMF follows a top-down, long-only, macro-driven investment process with the goal of outperforming the market over the medium term. Selected students can participate in all stages of the investment process from research and reporting to pitching and trading. 
PURPOSE
1
Provide a platform for the brightest and most ambitious students interested in  pursuing a career in finance to develop skills in managing a portfolio under the guidance of industry professionals 
2
Offer training resources to equip students with a competitive edge in the recruitment market 
3
Develop a diversified portfolio with a proportion of the profits donated to charity

WHAT WE DO

EQUITY RESEARCH
We believe that company fundamentals are the primary determinants of long-term stock performance, and we strive to invest in companies that exhibit characteristics that have shown to be linked to out-sized returns. This includes identifying companies that have a strong economic moat, are exhibiting relative price strength and are trading at low multiples of earnings, cash flow and book value. Guided by Sectors Managers, our Equity Analysts build their investment knowledge, improve financial modelling skills and have an opportunity to pitch to industry professionals at the end of each semester.
MACRO RESEARCH
The macroeconomic research team plays a key role in crafting the investment strategy of the fund: they analyse market events to develop important insights on both secular and cyclical trends in the global economy. These observations are communicated to the respective equity research teams in the form of written reports.
This year members of the macro team will have the opportunity to contribute relevant business and economic articles affecting market activity to our This Month in Macro publication.

RISK MANAGEMENT
The risk management team is responsible for developing a quantitative framework for risk management, so that the fund can closely monitor return/risk performance. Risk analysts will consider a wide range of important factors in both risk and portfolio management, including value-at-risk and expected shortfall.

INVESTMENT COMMITTEE

ANNA GUTHRIE
SMF CEO
Anna is a final year BComm International with Mandarin student who will serve as SMF Chief Executive Officer for the I&E’s 9th Session. Anna managed the Communications Service Sector while on exchange in Shanghai Antai College of Economics and Management, the Financial Times No. 1 Business School in Asia. She served as President of the Irish Students of China in association with the Irish Department of Foregin Affairs and Trade during her time there. Anna has also completed internships with Bartra Wealth Advisors in Shanghai and Deloitte Dublin’s Corporate Finance department. This year, she is very excited to be the first female CEO of the SMF and hopes to encourage and support every student regardless of their gender, race or academic background to pursue a career in finance. 
CAHAL MURPHY
CHIEF INVESTMENT OFFICER
Cahal is a final year Economics and Finance student who will serve as the SMF Chief Investment Officer for the I&E’s 9th Session. He has been involved with the SMF from his first year in UCD, starting off as an analyst for the Energy Sector to managing the Materials Sector last year. Cahal has completed internships at Positive Equity, a proprietary trading house, and started his work placement at Bank of Ireland Global Markets after completing his semester exchange at the University of Toronto in 2019.  He will also be joining Morgan Stanley in their Sales & Trading department for the summer of 2020.  In his free time, Cahal has an interest in kayaking and has been kayaking since secondary school.
HUGO DOLAN
CHIEF RISK OFFICER
Hugo is a third-year Applied Computational Mathematics & Statistics student who will serve as the SMF Chief Risk Officer for the I&E's 9th Session. He has competed and won several data science competitions with hedge funds and asset managers including BlackRock and Citadel. Hugo has completed internships in Prop Trading (Positive Equity) , Quantitative Research (Vanguard Capital Ag) and is currently working on statistical network / epidemic models as part of UCD's Undergraduate Research Programme. In his spare time, Hugo competes in hackathons as well as works on various programming side projects.
MEGAN O'HANLON
CHIEF MACRO OFFICER
Megan is a Masters student reading Applied Economics who will serve as SMF Chief Macroeconomic Officer for the I&E’s 9th session. Megan completed her undergraduate degree, BSc (Hons) Finance, at Queen’s University Belfast. She was the former CEO for Queen’s Student Managed Fund, responsible for the overall investment strategy and management of a £35,000 portfolio. She has also held positions of Analyst and Sector Manager for Industrials in the fund.  Megan was also a member of the Queen’s University team that won the Irish Regionals of the CFA Institute Research Challenge in February 2020. Megan completed her placement year in KPMG Dublin’s Restructuring department and secured an internship with Davy Private Clients this summer. Megan is passionate about mentoring and has served as a Peer Mentor and Placement Ambassador for undergraduate students at Queen’s. Last summer, Megan was a teaching assistant for Drama and a general counsellor at Camp Mariah (Career Awareness Programme) in New York State.
PIERCE REDMOND
INVESTMENT OFFICER
Pierce is a second-year BComm specialising in Finance who will serve as SMF Investment Officer for the I&E’s 9th Session. Pierce was the Assistant Manager for the Communication Services Sector and an Analyst for the Consumer Staples Sector. In 2019 he earned his Certificate in Stockbroking from the Irish Institute of Bankers. He has interned with Brendan E Cryan and Company, an NYSE DMM, market-making on NYSE AMEX and developing algorithmic trading strategies for their proprietary trading unit. He trades in Equity Derivatives as well as, Index, FX, and Commodity Futures. This year Pierce is leading the analyst training with the SMF and will aid Sector Managers in selecting their allocations.

OPERATIONS TEAM

CONOR O'REILLY
EDITOR THIS WEEK IN MACRO
Conor is a final year Economics and Finance student who will be serving as Editor of ‘This Month in Macro’ for the I&E’s 9th session. He has previously been involved with the fund as an Analyst on both the Equity Research and Macro Research teams. Conor has completed an internship in the Central Bank of Ireland’s Monetary Policy Division, and undertook his third year work placement in Bank of Ireland Global Markets. Conor thoroughly enjoys student life, and alongside his involvement in the SMF, he has served on the committees of the Irish Student Consulting Group and the UCD Music Society.  

SECTOR OUTLOOKS

BASIC

MATERIALS

SECTOR OUTLOOK

Manufacture or process materials such as chemicals and plastics or paper and packing, or the extraction of metal and minerals

Applications Open!

FINANCIAL

SERVICES

SECTOR OUTLOOK

Engage in business such as banking and brokerage, mortgage finance, and insurance

Applications Open!

COMMUNICATION

SERVICES

SECTOR OUTLOOK

Facilitate communication or provide access to entertainment content and other information though various types of media

Applications Open!

CONSUMER

STAPLES

SECTOR OUTLOOK

Provide goods and services that people use daily

Applications Open!

CONSUMER

DISCRETIONARY

SECTOR OUTLOOK

Manufacture goods or provide services that people want but don't necessarily need

Applications Open!

RENEWABLE

ENERGY

SECTOR OUTLOOK

Explore, produce, or manage renewable energy resources

Applications Open!

HEALTHCARE

INDUSTRY

SECTOR OUTLOOK

Produce and deliver medicine and health care-related goods and services

Applications Open!

TECHNOLOGY

INDUSTRY

SECTOR OUTLOOK

Create and store digital information that offer goods and services

Applications Open!

INDUSTRIAL

SECTOR OUTLOOK

Distribute capital goods in support of industries such as aerospace and defense, construction, and engineering

Applications Open!

UTILITIES

SECTOR OUTLOOK

Produce and deliver power, water, and other utility services

Applications Open!

ESG STATEMENT

BASIC

MATERIALS

SECTOR OUTLOOK

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.Lorem ipsum dolor sit amet,

Applications Open!

ROTMAN

TRADING

INTERNATIONAL COMPETITION TEAM


Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Upcoming Events
Check Back Later For Upcoming Events!

WOMEN

IN BUSINESS

CODE 1st GIRLS, PANEL & CAREER TALKS


Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Upcoming Events
Check Back Later For Upcoming Events!
The UCD SMF believes that investing education with a focus on examining Environmental, Social and Governance factors as well as fundamental equity analysis will help us make better investment decisions. Our long-term view helps us make an active bet on societal change under the guidance of industry professionals. 

ESG investing and analysis has become of increasing interest to investment professionals globally as governments, asset owners, and high-net worth investors consider the impact of ESG factors on their investments and local markets. Keeping up with global trends, our Energy Sector only invests in renewable energy companies and we plan on introducing a ESG research segment in all of our pitch-books this year.

In Environmental analysis, climate change, carbon emissions, air and water pollution, deforestation, waste management and a company’s energy efficiency will be some of the factors examined by analysts. 

When analysing a company’s social contribution, analysts will consider relationships that companies foster. Customer satisfaction, data protection, gender and diversity, human rights and labour standards are examples of a company’s social factors. 

Finally, the term Governance refers to the standards for running a company. Bribery and corruption, political contributions and whistleblower schemes are all aspects that we want to examine before making investment decisions. 

ESG is a fundamental aspect in our risk management structure and we hope to educate our analysts and influence the next generation of investors to invest responsibly.