Students exceed market benchmark
In a three-day competition held in the Financial Markets Lab at the 成人大片, all students from the Adelaide Business School successfully managed to outperform the market benchmark 鈥 something many professional money managers struggle to achieve.
In the 成人大片 Portfolio Management Challenge which started on 28 September, 60 students were mentored by Adelaide Business School alumni who are now industry professionals.
The number of investments, and the complexity of the competition, which was held at the University鈥檚 Financial Markets Lab, increased over its duration.
鈥淪tudent teams sifted through news bulletins to position their portfolios for each of six trading sessions,鈥 said the 成人大片鈥檚 Dr聽Syed聽Ali, Director, Financial Markets Lab, Adelaide Business School.
鈥淭he competition gave students a real taste of what it鈥檚 like to manage a multi-asset portfolio of shares, bonds, property, commodities and other alternative investments.鈥
Students had to pick relevant economic news from irrelevant 鈥渘oise鈥, understand the potential impact of economic news on global markets, and actively position their portfolio to take advantage of their forecasts.
鈥淭he competition gave students a real taste of what it鈥檚 like to manage a multi-asset portfolio of shares, bonds, property, commodities and other alternative investments.鈥The 成人大片鈥檚 Dr聽Syed聽Ali, Director, Financial Markets Lab, Adelaide Business School.
The Adelaide Business School alumni mentored the next generation of industry professionals.
鈥淭his competition is a valuable way to prepare students for working in financial markets and give them the edge over other graduates,鈥 said Charlie Cropper from Morgan Stanley Wealth Management.
鈥淧utting theory into practice is the best way to help them gain the skills to ensure they have the strongest chance of success when they start their professional career.鈥
The competition was developed in collaboration with the University鈥檚 International Centre for Financial Services (ICFS) and Morgan Stanley Wealth Management.
Media contacts
Dr Syed Ali, Director, Financial Markets Lab, Adelaide Business School, The 成人大片. Mobile: + 61 (0)419 205 261. Email: syed.ali@adelaide.edu.au
Crispin Savage, Manager, News and Media, The 成人大片. Mobile: +61 (0)481 912 465.
Email: crispin.savage@adelaide.edu.au