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Asset Manager Steve G. Stevanovich Donates $7 Million to Center for Financial Mathematics at University of Chicago.

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| November 27, 2006 | COPYRIGHT 2009 AScribe. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: University of Chicago

CHICAGO, Nov. 27 (AScribe Newswire) -- The University of Chicago's Center for Financial Mathematics, the only research center in the nation, if not the world, devoted to financial mathematics has received a $7 million gift from Steve G. Stevanovich, founder of an asset management firm with offices in North America, Europe and Asia.

The research center, founded in August 2006 at the University of Chicago, has been named the Stevanovich Center for Financial Mathematics. A spin-off of the University's master's degree program in financial mathematics, the Center will bring together scholars and finance professionals to address problems faced by the industry.

"World financial markets …

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