The International Economics Section awards the Harry G. A. Seggerman ‘49 Prize in International Economics. This prize is awarded annually to that student or students who have completed with great distinction their general examinations in International Trade or International Macroeconomics and who have written an outstanding “third-year paper” in one of these fields. Typically, the prize is awarded to two third-year graduate students who are engaged in dissertation research in international economics.
Harry G. A. Seggerman was one of the most knowledgeable “Asia hands” in the securities business. A member of the Princeton class of 1949, he entered the money management field as an analyst for Dominick & Dominick and later for Capital Research Group, where he was the first American to manage investments in the Japanese stock market. When Paine Webber and Prudential Bache launched the Japan Fund, they appointed Mr. Seggerman as president at the age of only thirty-two. Under his management, this fund and the Fidelity Pacific Fund achieved some of the best performance records of any non-leveraged funds in the investment trust industry. Mr. Seggerman was portfolio manager and vice chairman with Fidelity until 1992, when he departed to found International Investment Advisers. There, he launched the Korea International Investment Fund (KIIF), today the oldest offshore fund invested in South Korea’s stock market. By 1999, two years before Mr. Seggerman’s passing, KIIF had risen a remarkable 335%. |