Global Finance Roundtable

January 21, 6:00 PM - 8:00 PM

2003 Pro-Am Investment Challenge Awards

Franklin L. Morton, Ariel Capital's SVP, Portfolio Manager, is the keynote speaker at the Chicago GSB Club and GSB Finance Roundtable's Pro-Am Investment Challenge Awards Conference. Hear his outlook on current market dynamics and the winner's strategy plus find out first-hand who won the 2003 Challenge by generating the greatest total return for a hypothetical investment portfolio.

Where:
Gleacher Center
Room 621
450 North Cityfront Drive
Chicago, Illinois
Map on how to reach Gleacher Center

Program:
6:00 - 8:00 pm : Formal Program
8:00 - 9:00 pm: Cash Bar Reception

Who:
Franklin L. Morton
Senior Vice President, Portfolio Management
Ariel Capital Management, Inc.

Registration:
Register Online

Business casual to business attire is appropriate. You do not need to be a GSB alum to attend plus guests are also welcome provided everyone registers their attendance in advance.

Questions:
Kathy Graham
630.466.7095
hqs1@juno.com

Event Details:

The investment management world has been significantly impacted
in the last few years by revelations affecting the brokerage, mutual
funds, and investment banking industries. So what better way to
introduce the 2003 Pan Am Stock Contest Award winner than to have
Franklin Morton provide his insights on:

THE OUTLOOK ON CURRENT INVESTMENT MANAGEMENT MARKET DYNAMICS.
What elements of the 2003 Pan Am Stock Contest Award winner’s
strategy created the winning momentum?
SURVIVING WITH HIGHER STANDARDS – THE NEW ASSET MANAGEMENT MODEL

FYI: The Pro-Am Investment Challenge is an annual
stock-picking contest open to alumni or faculty members of the University
of Chicago. Each participant invested in a hypothetical $100,000
portfolio that had at least 2 but not more than 5 securities and each
security accounted for at least 20 percent of the total portfolio value.
No trades! No mutual funds or money market funds were allowed.
Participants could choose from the following investments: Common Stock
and Preferred Stock: Any stock traded on the NYSE, AMEX, or NASDAQ;
Bonds: Any corporate bond or U.S. Treasury (excluding mortgage-backed
securities and convertible bonds) listed in the Wall Street Journal; Cash
or 12-month Treasury bills (no money market funds).
Short sales allowed! Entries were made by January 24, 2003.

Speaker Profiles:

Franklin L. Morton: As Senior Vice President, Portfolio Management,works directly with Ariel Capital's Chairman and CEO John W. Roger, Jr. in the portfolio management process for Ariel's mid-cap institutional and mutual fund portfolios. He brings more than 20 years of practical experience to the investment team at Ariel. Prior to joining the firm in 1991, he spent eight years as a Vice President in the research department at the investment banking firm of Alex. Brown & Sons, Inc. in Baltimore, where he followed a broad range of consumer stocks. He received an MBA from the University of Virginia and earned a BA in Political Science from Middlebury College. He serves as a Trustee of the Diocesan Foundation and the Northfield Police Pension Board. Franklin and his wife Debbie have two children and reside in Northfield.