A team of VCU business students defeated teams from four other universities to win the CFA Investment Research Challenge, sponsored by CFA Virginia, the local professional organization for Security Analysts and Portfolio Managers.
The Challenge required a written investment research analysis of Owens and Minor, and an oral presentation of the analysis, followed by a question and answer session. The written analysis and the oral presentation and question and answer responses were judged by separate panels of financial professionals.
Congratulations to the students who brought home the trophy, which will be displayed in the school for the coming year:
- Ian Bennett
- Joseph Grim
- David Sutherland
- Tracey Bristow
- Esteban Gutierrez
- Joseph Grim
The VCU team will now progress to the North American Regional Challenge, to be held in New York on April 30 - and, hopefully, to the International Challenge on April 31! Each team member will receive a scholarship for the Level I Chartered Financial Analyst Examination.
The VCU Team faced impressive competition from teams from four other Virginia universities:
- The University of Virginia McIntire School of Business
- William & Mary Mason School of Business
- The University of Richmond Robins School of Business
- Hampden Sydney College
David Upton, PhD, CFA®, AIFA®, professor of Finance and the team's advisor says, "We would like to express our thanks to CFA Virginia and its members who took considerable time and effort to contribute to the development of their profession and of our students, and to Owens and Minor for their interaction with the teams as investment analysts."
"Special thanks to Mr. Paul Carder CFA®, Director and Portfolio Manager at Evergreen Investments, who served as Mentor to the VCU Team. Finally, a thanks to Dr. John Guthmann, Dr. Puneet Prakash, Dr. Daniel Salandro, and Mr. Cory Bunting CFA®, who attended the Challenge to provide moral support to the team."
From left to right in the photo are: Ian Bennett, Joseph Grim, David Sutherland, Chuck Graves (Director, Finance & Investor Relations, Owens and Minor), Trudi Alcott (Director Investor and Media Relations), Esteban Gitierrez, and Tracey Bristow.
