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Archway Fund Expands to Include Fixed Income Track and Bloomberg Terminals
SMITHFIELD, RI – Bryant University has appointed Kevin Maloney, Ph.D., as visiting professor to initiate a new fixed income offering within Bryant’s successful student-run Archway Investment Fund. Maloney is an accomplished scholar and finance industry executive with more than 35 years of teaching and corporate leadership experience.
Building the fixed income offering within the Archway Investment Fund will enhance student marketability and job placement.
As tenured Professor of Finance and Economics at the Tuck School of Business at Dartmouth College and visiting professor at University of Pennsylvania during the 1980s and 1990s, Maloney specialized in teaching fixed income and derivatives. He published extensively in a number of academic and investment publications, including the top-ranked Journal of Finance . In 1995, Maloney left the academic world to embark on a 20-plus year career in the investment management industry. Most recently he served as Senior Managing Director and Co-Chief Investment Officer of the Hedge Fund Solutions Business at Gottex Fund Management, a global alternative investment firm. He has also held leadership positions at Putnam Investments in product design, financial engineering, and fixed income quantitative research.
For the love of teaching
After a successful career in global finance, Maloney decided to return to the university setting. “I love to teach,” he said. “There is no better reward than when someone comes back and says they learned something that helped them be successful. It’s great to have financial success, but the best thing in life is the relationships—teaching and learning from other people.”
“We are very happy to have Kevin here,” said Finance Department Chair Peter Nigro . “He was running about $7 billion in assets under management at Gottex and prior to that he was tenured at Dartmouth. He considered a number of offers but decided to come to Bryant.”
Maloney said he was attracted to Bryant in part because he “witnessed the transformative impact the Bryant experience” had on his son Erik Maloney ‘16.
Fixed income portfolio within the Archway Investment Fund
The student-managed Archway Investment Fund (AIF), led by finance Professor Asli Ascioglu, was established in 2005 with a $200,000 cash investment, and it has grown to $1.2 million under management. The AIF is an immersive, experiential two-semester course available to finance juniors and seniors who must undergo a rigorous application process to be accepted. In the Securities Analysis course in the fall, students study the markets, conducting in-depth research and analysis in preparation for the live Portfolio Management course in the spring.
Professor Maloney is working with Professors Nigro and Ascioglu to expand the AIF by establishing a fixed income sequence to complement the successful equities portfolio. Fixed income assets include government bonds, corporate bonds, mortgages, asset-backed securities, closed-end funds, and exchange traded funds. He is currently teaching a 400-level fixed income course while preparing to launch the new AIF program in the fall.
“Fixed income investments are a huge part of the global financial markets, larger than the equity market, in fact,” said Professor Nigro. “Some of our most successful finance alumni are in the fixed income market. It’s a skill set that will enhance student marketability and job placement.”
Bloomberg terminals: the tools of the trade
In addition to his teaching and program development duties, Maloney is working with faculty and students to incorporate the use of Bryant’s 12 new Bloomberg terminals into the finance curriculum. Bloomberg terminals are the industry standard for fixed income investment research, analysis, and management. Their capabilities also have broad applicability across the curriculum at Bryant including in areas such as finance, accounting, supply chain analysis, and economics.
Bryant University in Smithfield, R.I. is a leading private university offering an innovative and uniquely integrated business and liberal arts education. Founded in 1863, Bryant University has approximately 3,700 graduate and undergraduate students from 32 states and 66 countries. Bryant University is recognized as a leader in international education and regularly receives top rankings from U.S. News and World Report, Bloomberg Businessweek, Forbes, and Barron's. Visit www.Bryant.edu .