SMU makes the podium at international portfolio competition

St. Mary's 3rd place 1.jpg

Saint Mary’s University is proud to recognize the great work of Stephanie Fitzner, Amaan Popatiya, Jarrett Leach, and Jordan Logan who made the podium in the prestigious 2017 McGill International Portfolio Challenge. This IMPACT team of undergraduate students ranked 3rd among more than 60 competing teams from universities including: Harvard University, the Massachusetts Institute of Technology, the University of California Berkeley and the University of Toronto.

In the presentation, the Saint Mary’s team had ten minutes to provide sound investment advice for a real-world challenge:  how to rebalance the defined benefits pension plan of a lumber company in British Columbia. After a great presentation, the team finished in third place and received a $7500 prize.

The McGill International Portfolio Challenge is the first international competition targeting innovative portfolio design and asset management. It is truly unique in its mandate to shift the focus of academic competitions to the buy-side and to provide students with more visibility on opportunities therein. The challenge bridges the gap between students with a demonstrated interest in asset management and industry leaders.

To be considered for the competition, all teams had to evaluate a case study and submit their solution online. The top teams were selected to participate in a final round in person taking place at McGill University.

Every year the Saint Mary’s team greatly benefits from the volunteer coaching of Ross Hallett, from the Bank of Montreal. The team is directed by Dr. Najah Attig and supported by the Sobey School of Business.