GIRC winners

Updated on: Tuesday, February 09, 2010

Kolkata: The Indian Association of Investment Professionals (IAIP), announced the winner of the national round of the CFA Institute Global Investment Research Challenge 2009-10.

At the finale of the India Investment Research Challenge held in Mumbai, IIM Calcutta, SP Jain Mumbai, IIT Chennai and IIM Indore competed to represent India at the Asia Pacific Regional Challenge.

Those present included Bharat Shah, CEO and managing partner, ASK investment Managers, Ridham Desai, MD, Morgan Stanley and Puneet Nanda, CIO, ICICI Prudential Life Insurance Company were present at the finale to judge the teams.
The triumphant winning team, SP Jain, Mumbai,will now represent India and compete with the local winners from China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Australia, New Zealand, Pakistan, the Philippines, Singapore, Sri Lanka, Taiwan and Thailand at the Asia Pacific Regional Challenge, which will be held in Manila on March 6, 2010.

The winning team will then represent Asia Pacific in the Global Challenge held on April 17, 2010 in Hong Kong.

“As a fund manager myself, I read many research reports and I must say the quality of work done by the winning team SP Jain, Mumbai, is very much on par with what I am seeing in the real world. This achievement is a testimony of their capabilities and will definitely serve them well as they enter the profession,” says Sunil B Singhania, CFA President of the India Association of Investment Professionals.

The CFA Institute Global Investment Research Challenge is an opportunity for university students, investment industry professionals, publicly traded companies and corporate sponsors from across the globe to jointly promote the best practices in equity research and company analysis.

The universities assemble teams of three to five business and finance students, who work directly with a company in researching and preparing a company analysis. Each team is assigned a dedicated mentor (CFA charterholders/ experienced industry professionals).

The teams’ final presentations are locally evaluated by high-profile panels of heads of research, portfolio managers and chief investment officers from the world’s top firms.

Additionally, all participants are introduced and held to the standard of the CFA Institute Code of Ethics and Standards of Professional Conduct.

GIRC winners

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