Munich Student Managed Investment Fund

The MSMIF is a non-profit organisation entirely structured, managed and administered by students who are also members of the TU Investment Club. In simple terms, the MSMIF is the financial vehicle through which the club operates and is able to apply its collective expertise.  

Quite simply, to build expertise in the field of investing. Through a large number of great professionals who have become our sponsors, partners or members of the Advisory Board, we have been able to establish a sustainable, tailor-made investment strategy on which our so-called analyst training is based on and according to whose guidelines the MSMIF operates.

In order to create specialist knowledge in a practical and authentic manner, we regularly conduct workshops, training sessions, and other further education opportunities such as lectures or coaching sessions, which ensure that the members of the club, our analysts, learn all the skills they need to conduct high-quality company analysis.  This does not take place solely through a transfer of knowledge from our high-calibre partners, but is equally created through the transmission of knowledge from one generation to the next.

We want to encourage leadership. We are convinced that leadership qualities can only be acquired if someone takes responsibility, commits oneself to a cause and stands up for it. Therefore, an analyst or a team of analysts is responsible for the investment hypothesis that he or she has worked out and is fully integrated in the entire investment process.   

We follow the value investing approach, which we believe will deliver sustainable long-term returns.  This concept – established by very successful and well-known investors like Benjamin Graham, Warren Buffett, and Philip Fisher – focuses primarily on fundamental analysis. We conduct a deep qualitative and quantitative analysis and thereby aim to understand the business of our investment target.

The objective of the MSMIF is to establish a closer connection between academic theories and the professional investing world by giving students the opportunity to collect experiences in the fields of Investment Analysis and Portfolio Management. Within the framework of professional portfolio management, students get, among others, intense training on qualitative and quantitative investment analysis, understanding the market, its psychology, investment strategies, corporate governance, and risk management. Qualitative aspects like entrepreneurial thinking, discipline, patience, passion, and a long-term perspective are imparted alongside fundamental quantitative analysis.