News
Schroders Awards Winning Student Teams from Chinese University of Hong Kong in Fund Development Challenge
11 MAR 2011
Schroder Investment Management (Hong Kong) Limited (Schroders Hong Kong) today announced the champion in its fund product development challenge, jointly organized with the Faculty of Business Administration at The Chinese University of Hong Kong (CUHK). The winners of the competition will be rewarded with Schroders Scholarships and the Champion team members will be given internship opportunity at Schroders.
As part of its commitment to the development of the Hong Kong financial industry, Schroders is sponsoring a case competition for business school undergraduate students. A total of 84 students from CUHK took part in the competition comprising 21 teams to face the challenging to develop investment fund prototypes that focus on careful risk management, while generating steady returns over a minimum five-year investment horizon. The panel of judges scored them on product originality, thorough explanation on investment strategies and demonstration on the feasibility of the fund’s performance. The three winning teams brought to bear their understanding, creativity and financial acumen to implement investment strategies that balance risk management, return and sustainable growth.
Mr. Lieven Debruyne, CEO, Schroders Hong Kong, commented: "The goal of the competition is to instil a diligent wealth management mindset among future investment professionals and to celebrate our 40th anniversary in Hong Kong."
Professor Wong Tak-jun, Dean, Faculty of Business Administration, CUHK, said: "The Schroders-sponsored competition provided an excellent opportunity for our students to learn about the trade from a leader in Hong Kong’s asset management industry. I believe our students have gained a well-rounded perspective on mutual funds and investment, and will become key contributors to Hong Kong’s investment community, and help reinforce the city’s status as Asia’s financial hub."
The top three teams include:
Place | Team Name | Topic | Awards |
Champion | Benchmark | Life Essentials Fund | - A tuition sponsorship of HK$30,000 - A three-month internship opportunity at Schroders Hong Kong - Travel to London headquarters of Schroders |
Second place | Pioneer | Investment opportunities brought about by the growth of the aging global population |
A tuition sponsorship of HK$20,000 |
Third place | The One | China Policy Value Investment Fund |
A tuition sponsorship of HK$10,000 |