SOURCE: CFA Institute

CFA Institute

March 30, 2015 23:32 ET

Ateneo de Manila University Takes Top Slot in CFA Institute Research Challenge Asia-Pacific Regional and Advances to Global Final

CFA Institute Nurtures the Next Generation of Financial Leaders Through Real-World Experience in Financial Analysis

MANILA, PHILIPPINES--(Marketwired - Mar 30, 2015) - Ateneo de Manila University of the Philippines has edged out 20 other student teams from 15 countries1 across Asia Pacific to win the ninth CFA Institute Research Challenge Asia-Pacific Regional, and will advance to the global final in Atlanta, Georgia, USA, on April 17, 2015.

Students from the Philippines continued their string of success in recent years. This year's win marks the third time that a Philippine team has been named Asia-Pacific champion -- the most wins for any country participating in the competition. Last year, the University of the Philippines, Diliman went on to win the Global Research Challenge Final.

The CFA Institute Research Challenge is an annual educational initiative that promotes best practices in equity research through hands-on mentoring and intensive training in company analysis and presentation skills. After a seminfinal round, only five of 21 teams advanced to the final round held in Manila on 12 March. Aside from Ateneo de Manila, the finalists included University of Melbourne (Australia); Symbiosis Centre for Management and Human Resource Development (India); National Taiwan University (Taiwan), and Thammasat University (Thailand).

The finalists presented their analysis to a panel of investment industry expert judges comprised of:

  • Mohammad Shoaib, CFA, Chief Executive Officer at Al Meezan Investment Management Limited
  • Brindha Gunasingham, CFA, Principal and Founder, FitzBiz Investment Analysis & Strategy
  • Keith Neruda, CFA, Founder and Managing Director, Equity Pricing Strategies
  • Maria Theresa Marcial Javier, SVP & Group Head- Asset Management and Trust Group at Bank of the Philippine Islands

The five Ateneo de Manila University students -- Sarah Jane Cua, Jose Enrique Fausto, Shaun Wesley Que, Jayhan Regner, and Kyle Jemmric Velasco -- won for their "buy" recommendation on Concepcion Industrial Corp. Each student received a trophy, a CFA Program scholarship, and certificate.

CFA Society Philippines, the CFA Institute member society in the country, sponsored the winning team as well as hosted the event in Manila.

"We warmly congratulate Ateneo de Manila University for winning the CFA Institute Research Challenge Asia-Pacific Regional this year. They have proven their superior analytical, report writing, and presentation skills, as well as their commitment to the CFA Institute Code of Ethics and Standards of Professional Conduct," said Paul Smith, CFA, President and CEO of CFA Institute. "We remain committed toward nurturing young talent as part of our goal to foster the highest standards of ethics, education, and professional excellence among the next generation of investment professionals. We are grateful for the dedication of our local member societies and volunteers who serve as mentors to these students. I personally look forward to sterling performances from the Ateneo team again at the global final."

Speaking on behalf of the winning team, Jose Enrique Fausto said, "We never expected to be here; but we're so thankful to God, our advisors and mentors, family, and friends who helped us achieve this incredible honor for our university and our country."

Introduced in 2006, CFA Institute Research Challenge is considered as "the investment Olympics" for university students. This year, more than 4,000 students from more than 865 universities have participated in 99 local competitions and 137 local hosts in some stages of the challenge, which stretches from May 2014 to April 2015.

1 Australia, China, India, Indonesia, Japan, Korea, Malaysia, New Zealand, Pakistan, the Philippines, Singapore, Sri Lanka, Taiwan, Thailand, and Vietnam

Image
Ateneo de Manila University of the Philippines wins the ninth CFA Institute Research Challenge Asia-Pacific Regional and advances to the global final
http://release.media-outreach.com/i/Download/2706

Company Logo
http://release.media-outreach.com/i/Download/1960

About CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal is to create an environment where investors' interests come first, markets function at their best, and economies grow. CFA Institute has more than 128,000 members, including 121,000 CFA charterholders, in 147 countries and territories and 144 member societies. For more information, visit www.cfainstitute.org.

Follow CFA Institute on Facebook http://www.facebook.com/cfainstitute; Twitter twitter.com/cfaasia; and Sina Weibo weibo.com/cfainst

Contact Information