Updated on: Tuesday, December 27, 2011
At the finale of the CFA Institute Research Challenge held in Mumbai, Indian Institute of Management (IIM) Shillong and Indian Institute of Foreign Trade (IIFT) Delhi emerged as winners to represent India in the 2012 Asia Pacific Regional Final of the competition.
The competition witnessed 32 leading business schools and more than 150 students across the country competing over the past six months in the prestigious competition, an annual global educational initiative launched by CFA Institute.
In India, CFA Institute and its member society Indian Association of Investment Professionals (IAIP) hosted the local competitions. The India competitions were supported by three premier organisations, including the National Stock Exchange of India (NSE), Bloomberg, and Bloomberg UTV as sponsors and long-term corporate partners.
Four zonal winners from each zone (north, south, east and west) presented their research reports and equity recommendations to a distinguished panel of judges at the India National Final held at the Bloomberg offices in Mumbai on December 13, 2011.
This year’s panel of judges for the India National Final comprised Sunil Singhania, CFA, head – equity investments, Reliance Capital Asset Management Ltd and president of IAIP, Ratnesh Kumar, managing director and head, Standard Chartered Securities (India) Limited; Alan Meder, CFA, SVP and chief risk officer, Duff & Phelps Investment Management Co. and vice chair, CFA Institute Board of Governors; and Ramesh Damani, a seasoned investor with over two decades of experience.
The triumphant IIM Shillong and IIFT Delhi teams are all geared up to represent India at the Asia Pacific Regional Final to be held in Hong Kong on March 2, 2012, when they will compete against teams from Beijing, Hong Kong, Indonesia, Japan, Korea, Malaysia, Melbourne, New Zealand, Pakistan, the Philippines, Shanghai, Singapore, Sri Lanka, Sydney, Taiwan, Thailand, and Vietnam.
The Indian National Final was followed by a one-hour panel discussion on ‘Investment Outlook for Indian Equities’ amongst the esteemed investment management practitioners and experts.