The Desautels Capital Management Inc. Unearthed
The BCom Honors in Investment Management (HIM) program prepares students for a career in the financial markets, either on the buy-side, working for asset management funds, or on the sell-side, working for investment banks. The program gives students a rigorous training in accounting, statistics and finance. More importantly, it enables students to analyze financial statements, perform company valuations, appropriately construct efficient portfolios, and manage risk using dynamic trading strategies and derivative instruments through actively managing a $2Million fund of equities and bonds.
Currently, the "Professor of Practice" - Mr. Ken Lester, who has been a discretionary money manager at Lester Asset Management for close to two decades, is leading the program. As Chief Investment Officer of Desautels Capital Management Inc., the investment company formed by the HIM program, Professor Lester handles stock and bond trades recommended by student analysts, who partake in the actual management of invested funds on behalf of external investors.
Read full article: The Bull and Bear, March 31, 2012