DENVER, March 17, 2014 /PRNewswire/ -- CFA Society Colorado is pleased to announce a University of Denver team has won the 2014 Local Investment Research Challenge for Colorado. Student teams from the University of Denver, Metropolitan State University of Denver, University of Colorado Denver, University of Northern Colorado, and Colorado State University participated in this year's competition. Teams analyzed the Molson Coors Brewing Company with written investment reports and presented their findings to a high-profile panel consisting of heads of research, portfolio managers, and chief investment officers from top Colorado firms on January 22nd at the University Club. The winning DU team is now preparing for the Americas Regional Final event on March 18-19, 2014 at Grand Hyatt Denver with 47 other teams from North and South America. The winner of the Regional Final will compete in the Global Final in Singapore on April 25, 2014.
DU team members are Phillip Cantrell, Shiyan Chen, Stephanie Curtis, David Merz, and Derek White. Academic adviser: Jean-Philippe Tremblay. Industry mentor: Van Wombwell, CFA.
The CFA Institute Research Challenge is an annual global competition providing university students with real-world exposure to the role of a research analyst. Introduced in 2006, it is considered to be the "Investment Olympics," testing students on their ability to value a stock and present their own recommendations. Students gain real-world experience as they assume the role of a research analyst and are tested on their ability to value a stock, write an initiation-of-coverage report, and present their recommendations.
Ivan Sichkar, CFA and Benjamin Lyng, CFA, were primary coordinators of the Local Challenge. Says Sichkar, "The Research Challenge is an invaluable opportunity for the future generation of analysts to learn from industry experts."
Sponsors for the Local Challenge included Kaplan Schweser and FactSet.
Participating companies in the CFA Institute Research Challenge Colorado Region include: Molson Coors Brewing Company (2014), Ball Corporation (2013), Newmont Mining (2012), Western Union (2011), and Chipotle (2010).
About CFA Society Colorado
With over 1,000 members, CFA Society Colorado (CFACO) is the largest organization of investment professionals in the Colorado and has served CFA charterholders and CFA Program candidates locally since 1968. CFACO promotes the highest ethical standards and professional excellence within the local investment community. CFACO is a member society of CFA Institute. Learn more at www.cfacolorado.org.
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: to create an environment where investors' interests come first, markets function at their best, and economies grow. CFA Institute has more than 119,000 members in 147 countries and territories, including 112,000 CFA charterholders, and 140 member societies. For more information, visit www.cfainstitute.org.
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