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Wednesday, February 1, 2017 - 4:30pm

School of Business Honors Program alum Alex Parker’s asset management firm has significantly outperformed the S&P 500 since the market rally on November 9 following the presidential election. Buxton Helmsley, the asset management firm founded and managed by Parker, has achieved an overall return of 17.66 percent, nearly three times the S&P return of 6.33 percent in that same time period.

 

"Alex is defying the odds.  Our traditional advice is for students is that it is less risky if they first apprentice at an established firm before launching their own venture,” said School of Business Dean Ed Weis. “But, Alex has proven to be the exception to this general advice due to his obsession to build his own firm while in college through curiosity, enthusiasm and integrity.  His performance has been exceptional so far."

 

"While current market conditions prove to be challenging in finding investments at attractive prices, these returns illustrate that it is not deterring us from defying the odds and providing significant security and flexibility for our clients," said Parker.