Lee Business School | Finance

Rebel Investment Group

Rebel Investment Group (RIG)

The UNLV Student Managed Fund, known as the Rebel Investment Group (RIG), was started in August 2010 and gained initial funding in the amount of $100,000 on March 31, 2011. The initial funding was made possible by the efforts of the UNLV Foundation and Dean Paul Jarley of the UNLV Lee Business School.

The Fund is managed by Student Analysts through a series of classes, FIN 425, FIN 426, and FIN 427, which covers the Fall, Spring, and Summer terms. These classes provide the select group of Student Analysts the opportunity to gain valuable hands-on experience in security research, asset valuation, asset allocation, and portfolio management as fiduciary fund managers of an actual investment portfolio.

Students work in teams having responsibility for specific sectors of the economy. In addition, students take on individual tasks, such as, Chief Administrator, Operations Manager, Economist, Equity Trader, Bond Trader, Technology Officer, Database Coordinator, and Statistician. Within this framework students are expected to research investment opportunities, generate investment ideas, and propose buy, sell, or hold recommendations based on their analysis. The class votes on all recommendations. Portfolio decisions must follow the framework spelled out in the Investment Policy Statement.

Enrollment into these classes is through permission of the instructor and based on prior course work success and interviews.  Anyone interested in the Rebel Investment Group may contact the Program Director, Professor Sullivan.

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Program Director

Michael  Sullivan

Professor of Finance / Program Director
Department of  Finance
University of Nevada, Las Vegas
4505 Maryland  Parkway
Las Vegas, NV 89154-6008
(702) 895-4669
  michael.sullivan@unlv.edu
Contact Dr. Michael Sullivan

Professor Mike  Sullivan has been at the University of Nevada, Las Vegas since 1991.   He was previously at Auburn University and has taught summer courses at the  University of  Hawaii– Manoa, La Salle University in Manila,  Philippines, and Thammasat University in Bangkok, Thailand.  He  received his Bachelors of Science in Accounting from St. John Fisher College, a  Masters in Business Administration from the Universityof Florida, and a PhD in  Finance from Florida State University.  His research interests include  issues related to corporate governance and international finance and has  published in journals including the Journal of Banking and  Finance, Financial Management, the  Financial Review, the Journal of Empirical  Finance, the Pacific-Basin Finance Journal, the  Journal of Business Finance and Accounting, the  Journal of Business Research, and the Journal of  Accounting, Auditing, and Finance.  He was a Fulbright  Scholar to the Philippines in 1998 and 2005.

Students | Chief Administrators

This position is principally  responsible for running the weekly UNLV-SMF meetings.  The Chief  Administrator plans each meeting's Agenda and facilitates the business of those  sessions. Additionally, this Officer oversees preparation of month-end,  quarter-end, and year-end reports, and overseas planning of the Annual Report  Luncheon at the conclusion of the academic year.

Sean Skinner

Students | Operations Manager
The Operations Manager is responsible for recording each of the transactions and other financial activities of the Fund, and preparing and distributing the Minutes of each meeting.  This position also requires for the maintenance and storage of all files and paperwork generated by UNLV-SMF, including the Agenda for each meeting, incoming and outgoing correspondence, Analyst and Economist Reports, and Reports of Fund performance.  The Operations Manager assists the Chief Administrator with preparation of month-end, quarter-end, and year-end reports.

Eric Roth

Students | Technology Officers
The Technology Officers create and maintain the internet web page for UNLV-SMF.  This website will include posting announcements that would be of interest to the campus and business communities and disclosing monthly and quarterly performance results.  The website also serves as an effective medium for communicating with prospective candidates for future editions of UNLV-SMF and alums.  The Technology Officers will also investigate any technologies that will enable students to exchange and post information in a controlled environment.

Steven Paulson

Matthew Stempien

Students | Economists
Each Economist in the UNLV-SMF specializes in a different geographic sector: 3 Economists for the Domestic (USA and Canada) geographic sector, 1 for the Central and South America geographic sector, 1 for the Asia geographic sector, and 1 for the Europe geographic sector.  The Economists will provide weekly updates of their respective region's economic condition.  The three Domestic Economists will split coverage of the North American economy.  These Domestic Economists will focus on industrial capacity, construction, infrastructure, unemployment, housing, inflation, automobile sales, and consumer confidence.

Brandon Damman

Sean Quinn

Trevor Snow

John Wreglesworth

Students | Statisticians
The Statisticians compile continuous descriptive statistical information about the Fund that the team integrates into the management of the portfolio.  These measures include various return calculations, individual and portfolio betas, individual and portfolio P/E ratios, asset and sector allocations, value/growth and market capitalization exposures, and comparative performance measures.  This data is included in the month-end, quarter-end, and annual reports.

Mike Schulte

Jeff Zemp

Students | Database Coordinators
The Database Coordinator oversees the use of the MorningStar Direct platform, is Liaison between the Fund and MorningStar Direct Staff, and comes willing and able to help other Analysts with the use of the MorningStar platform.  The Database Coordinator will also oversee use of our ValueLine Database.

Hiba Chergou

Elias Shilyan

Students | Technical Analysts
The Technical Analysts provide a technical opinion about very new security presented by each Analyst Group in order to provide additional insight into the timing of transactions.  The process involves the examination of past price movements in order to forecast future price movements.  In addition, the Technical Analysts provide technical updates on existing positions as conditions and expectations change.  In managing the portfolio, all of the Analysts integrate both fundamental and technical information into the decision-making process.  Recommendations of entry and exit strategies, which are essential for an actively managed portfolio, are also part of the responsibility of this position.

Alan Amici

Dave Prato

Students | Fixed Income Manager
The Fixed Income Manager provides expertise and opinions about fixed income securities.  They are in charge of analyzing our current positions within the fixed income sector as well as ensure that our specific allocation is met.

Dave Larson

Students | Public Relations Officer
The Public Relations Officer is the face of RIG.  They keep us active and relevant on all the social media outlets available.  They inform the UNLV community of upcoming events as well as help I recruitment of new student analysts.  As our newest position, it is still in the beginning stages but we are very excited to see how this position can help RIG stay active within today's constantly evolving internet based society.

Joshua Payne

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