Sydney—A team from Ateneo de Manila University has been named the Asia Pacific regional champions of the CFA Institute Research Challenge which was held in this city on March 29.
Twenty-seven university teams comprised of more than 120 students from all over Asia took part in the competition.
The winning team from Ateneo de Manila University will go on to compete in the global final on April 25 in New York City where they will compete against the winning teams from the Americas, Europe, the Middle East and Africa.
The winning team presented and defended reports on D&L Industries Inc.to a panel of investment industry experts who presided as judges for the event.
The winning team included Katreena Dachelle Chang, Carina Monica Almonia Chua, Gabrielle Marie Tayag, Vince Benedict Say and Christine Yu.
Over the past 13 years, the CFA Institute Research Challenge has seen a steady increase in participation globally, from 91 participants in 2006 to more than 6,200 this year.
The CFA Institute Research Challenge is a global competition that tests the equity research and valuation, investment report writing and presentation skills of university students.
This annual educational initiative promotes best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills.
Through the course of the competition which requires hundreds of hours of preparation, participants receive mentoring from a professional research analyst as they analyze a publicly-traded company, write a professional research report and present their research results and recommendations to a high-profile panel of experts.
Points are awarded to teams on the basis of their investment case, their poise and their ability to answer the judges’ questions. The teams are sponsored by local CFA Institute member societies or groups of volunteers, each of which previously hosted country heats of the challenge.
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials.