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UCA College of Business Launches Student Managed Investment Fund

Pat Moon, Marshall Moon, and SMIF Students

Pat Moon, Marshall Moon, and SMIF Students

To add to the success of its students, the inaugural investment of the Student Managed Investment Fund (SMIF) was started in a course taught by Dr. Mike Casey. The students in the spring 2025 class selected and invested in the fund’s first portfolio, which is currently up more than 17% as of early fall 2025.

In the Student Managed Investment Fund Class, students manage a portfolio of stocks drawn from each major industry sector. Students decide which stocks to keep, which to sell, and which to add to the portfolio. Students research the financial prospects of companies by examining their financial data and by evaluating how companies will be affected by current events. This class provides excellent training for students who plan to seek jobs as wealth managers.

Experts were regularly invited to share successful advice with the spring students:

  • Pat and Marshall Moon (pictured) from Meridian Investment Advisors visited the Student Managed Investment Fund. Pat runs a wealth management company that manages $800 million in assets.
  • Drew Gainor, one of Arkansas Business’s top 40 under 40, a COB Advisory Board member, a very successful wealth manager, also joined the class to share his success.

UPDATE: As of November 2025, the portfolio shows a total gain of 25%. Stay updated on the fund’s performance here.

Drew Gainor and SMIF Students

Drew Gainor and SMIF Students

Insurance Industry Leader Turned Faculty Member Brings Experience to Classroom, Leads UCA Center for Insurance & Risk Management

Ivan Hudson, Director of the UCA Center for Insurance & Risk Management and Lecturer, joined the College of Business faculty in fall 2023. In this interview, he shares his insights about his first semester, his advice for students, and his vision for what’s ahead in 2024.

Give us some highlights of your experience in the business environment from before you joined the UCA College of Business Faculty.

I got my career start with the Little Rock Regional Chamber of Commerce. In November of 2008 I went to work for the Winthrop Rockefeller Foundation as Program Associate. At this time in 2008, two-thirds of Arkansas voted to pass the Lottery legislation. Fast Forward to October of 2009 when I joined the start-up management team at the Arkansas Scholarship Lottery. Over the three and a half year period that I was there, I served in a number of capacities, including Procurement Director and Internal Operations Director. I’ll completed my MBA while there, and when I finished my MBA program at UALR December 2012, I launched the Ivan Hudson Agency as my entry into the insurance industry. In March 2014, I secured my Series 6 and Series 63 designations to help set me apart in the industry.

Networking has always been important to me. My personal and professional mantra is “You can network or not work, but you can’t do both.” That really speaks to my core value of building relationships. Solid meaningful relationships, will take you places that even education and other resources can’t.

Career Facts about Director Hudson: [Read more…] about Insurance Industry Leader Turned Faculty Member Brings Experience to Classroom, Leads UCA Center for Insurance & Risk Management

Dr. Yao Featured in WalletHub “Ask the Expert” Series

Dr. Yao

Dr. Haibo (Stephen) Yao

Dr. Haibo (Stephen) Yao was recently featured as an expert contributor in articles by WalletHub. While the articles are geared toward college students, these are questions many people may have.

In his first article about the best credit cards for college students, he addresses what college students should look for when choosing a credit card, the biggest mistakes college students can make with credit cards, and best practices for students who use credit cards.

In this second article, he answers questions about zero percent (0%) credit cards, including why and how they are used.

Dr. Yao is an Assistant Professor of Insurance & Risk Management in the Department of Economics, Finance, Insurance & Risk Management for the UCA College of Business.

UCA Economist, Dr. Jeremy Horpedahl, Receives Award for COVID-19 Work

(Conway, AR) – Dr. Jeremy Horpedahl, Associate Professor of Economics at the University of Central Arkansas (UCA) College of Business, has been recognized for his work to provide accurate coronavirus information and dispel misinformation during the COVID-19 pandemic. The award comes from the Mercatus Center at George Mason University, which announced on Sunday its ten most recent winners across North America.

Dr. Horpedahl won the prize for his policy and data analysis on pandemic-related economic topics such as coronavirus precautions, tolls and trends, vaccination development and distribution, unemployment, as well as local, national, and worldwide financial impacts.

“Part of what motivated me was simply to understand the pandemic better myself, and I was glad to help others navigate the same questions that I had about the state of the world,” said Dr. Horpedahl.

Horpedahl was also a co-recipient of another award from the Mercatus Center for the blog EconomistWritingEveryDay.com, where he is a weekly contributor.

“Dr. Horpedahl’s efforts to communicate complex topics in a more approachable way has helped inform and educate others about economic policy. This is important work during an already confusing and stressful time, and we are proud of his effort and impact,” added Dr. Michael Hargis, Dean of the UCA College of Business. [Read more…] about UCA Economist, Dr. Jeremy Horpedahl, Receives Award for COVID-19 Work