TY - JOUR AB - Purpose The purpose of this paper is to document and compare the characteristics of two student-managed investment funds at the University.Design/methodology/approach This study uses a case study approach to achieve this purpose.Findings Consistent with other studies, this study finds considerable differences in funding, oversight and the structure of the courses in which the students manage the portfolios. This is the case even though the portfolios are managed by students in courses offered by the same department at the same university.Originality/value This study presents different possible ways of obtaining funds and structuring courses in which the students manage investment portfolios. VL - 46 IS - 5 SN - 0307-4358 DO - 10.1108/MF-08-2018-0399 UR - https://doi.org/10.1108/MF-08-2018-0399 AU - Howe Thomas S. AU - Kotomin Vladimir AU - Liao Min-Yu (Stella) AU - Varma Abhishek PY - 2019 Y1 - 2019/01/01 TI - A tale of two SMIPs: equity and fixed income T2 - Managerial Finance PB - Emerald Publishing Limited SP - 636 EP - 646 Y2 - 2024/04/19 ER -