RESEARCH PROPOSAL COMPETITION The Gutmann Center for Portfolio Management (www.gutmann-center.at) has been established in 2001 by the University of Vienna and the Bank Gutmann (www.gutmann.at). The Center’s mission is to become a platform for researchers in the field of portfolio management and to fund research projects in this area. In this context, the Gutmann Center is pleased to announce its first RESEARCH PROPOSAL COMPETITION Submissions will be accepted from PhD-students and faculty at academic institutions and all practitioners who wish to apply. The potential areas include but are not limited to · evaluation of alternative organizational models of portfolio investment · risk-control and dynamic portfolio-management strategies · asset allocation. Proposals will be evaluated by the members of the Academic Advisory Board of the Gutmann Center. A grant of 10.000 € will be awarded to the winner. 40% of the grant will be paid immediately, 30% after submission of a first working paper, and the remainder will be paid upon the presentation of the completed paper in Vienna. The Gutmann Center will cover the researcher’s expenses incurred in connection with the seminar (airfare, accommodation). Payments are made directly to the researcher, unless otherwise requested. The Center’s policy is not to pay general institutional overhead expenses. A first draft of the working paper is expected after one year, the project is expected to be completed within two years. All publications (including working papers) that are an outcome of the funding must acknowledge the support in an introductory footnote. SUBMISSION PROCESS The research proposals should be submitted in electronic form to Prof. Josef Zechner (see contact below). Proposals must arrive no later than 30 June 2002. The submission should include: · A cover page with title, author(s), addresses and e-mail addresses, affiliations and telephone and fax numbers; · A short abstract of no more than one page; · A statement of research objectives and a literature review placing the study in context; · A clear and detailed description of the research method and the expected form of the results, together with a discussion of the practical value of the project; · A proposed timetable · A copy of (each) researcher's resume; · Related papers, if available, may be enclosed. Authors will be notified of the committee’s decision regarding their proposal by 31 August 2002. Further information can be obtained from our website www.gutmann-center.at Contact: Gutmann Center for Portfolio Management Research Proposal Competition - Prof. Dr. Josef Zechner - - c/o Dorothea Grimm - University of Vienna Department of Business Studies Bruenner Strasse 72 A-1210 Vienna Tel: +43-1-4277-38186 Fax: +43-1-4277-38074 Mail: gutmann.bwl(a)univie.ac.at www.gutmann-center.at