London Business School | Groups

History

The London Business School Student Investment Fund (SIF or “the Fund”) was founded in February 2003 by three MBA2003 students, Brandon Gill, Navneet Kaur and Brad Snyder, under the guidance of Professor Elroy Dimson, Leverhulme Emeritus Fellow at LBS. With an initial commitment of $100,000 from two alumni, it was the first student fund of its kind in Europe, established to provide students with real-world investment experience whilst pursuing studies.

Date

Key Milestone

February 2003

London Business School SIF is legally created by the “Founder Members”: Brandon Gill, Navneet Kaur & Brad Snyder

May 2003

First benefactors, Clint Coghill and James Lyle, formally sponsor the Fund with $100,000 committed seed investment over 5 years

August 2003

First stocks, Valero Energy & DFS Furniture, added to the SIF

February 2004

First Topics in Asset Management (TAM) elective taught by Professor Elroy Dimson

March 2004

Inaugural stock pitch, Fimalac (FIM.PA), added to the fund

July 2004

Fidelity Investment Management joins to sponsor the SIF

September 2004

SIF club renamed the Investment Management Club and remit broadened to incorporate improving recruitment opportunities for students in Asset Management, Hedge Funds and Private Wealth Management

January 2006

Fund returns hit 100% since inception in 2003

February 2007

Wellington Asset Management become the fourth benefactor to the SIF

April 2009

Orbis Investment Management become the fifth benefactor to the SIF

Feb 2012

Market cap and trading volume have been reduced to $50m and $250k respectively to encourage small/micro cap research