Toronto CFA Society Announces Four Finalists in Second Annual Global Investment Research Challenge

TORONTO, Feb. 7 /CNW/ - Toronto CFA Society is pleased to announce the four finalists in this year's Global Investment Research Challenge, in which eleven Ontario university teams competed to present a research report on the subject company, Brookfield Renewable Power Fund.  Competing in the 2011 final will be four student teams from the following universities:  Ivey School of Business (University of Western Ontario), Queen's School of Business, Sprott School of Business (Carleton University) and University of Waterloo.

The Global IRC is an educational initiative in which leading industry professionals guide business and finance students from respected business schools across the province in researching and reporting on a publicly traded company.  The program spans one academic year and consists of analyzing a public company (selected by Toronto CFA Society), mentoring by a professional research analyst, writing a research report and presenting the team's results and recommendations to a high profile panel of Toronto's industry professionals.  Marks are awarded to each team on the basis of their investment case, their delivery and their ability to answer and respond to detailed analysis from the judges.

Peter Jarvis, Executive Director of Toronto CFA Society, said, "This year's competition promises to be a challenging event for the students taking part.  Our society is very excited to be bringing the event to Toronto, and for giving students the chance to meet some of the finest investment professionals and to potentially meet their contemporaries from many other countries.  It's further evidence of the continued educational work we are doing to help support the investment professionals of tomorrow."  

"Brookfield is proud to have played a part in this year's challenge," said Zev Korman, Director of Investor Relations and Communications at Brookfield Renewable Power Fund. "We are strong believers in the value of fundamental research and its importance in driving good investment decisions. In today's capital markets, the need for high quality analysis is greater than ever, and so is its value. We congratulate all of the participants on their hard work and wish the advancing teams good luck in the finals."

The winning team will be determined based upon the best combined score for the written report and presentation before a panel of judges on March 3, 2011.  This team will qualify for the CFA Institute Americas Regional Final of The Global Investment Research Challenge in Omaha, Nebraska to compete against teams from schools across the Americas in April 2011.

Brookfield Renewable Power Fund
Brookfield Renewable Power Fund (TSX:BRC.UN) is one of the largest power income funds in North America with more than 1,700 megawatts of power generating capacity and average annual production exceeding 6,500 gigawatt hours. The Fund produces electricity exclusively from environmentally friendly and renewable resources, including 42 high quality hydroelectric generating stations and two wind farms in four distinct geographic regions across North America: Québec, Ontario, British Columbia and New England. Brookfield Renewable Power Inc., which comprises the power operations of Brookfield Asset Management, owns approximately 34% of the Fund's outstanding units on a fully exchanged basis.

About Toronto CFA Society
Toronto CFA Society is a not-for-profit organization supporting the professional and business development of CFA charterholders. The society provides members with a local perspective on a global designation including: educational programs, sponsored events, job postings, quarterly newsletters, a comprehensive affinity program and networking opportunities. 

Celebrating its 75th anniversary in 2011, the society is affiliated with CFA Institute, the global body that administers the Chartered Financial Analyst curriculum and sets voluntary, ethics-based performance-reporting standards for the investment industry.  With over 7,300 members, Toronto CFA Society is the 2nd largest in the world.  Our members are leaders in ethics within the financial community.  For more information, please refer to www.torontocfa.ca

About CFA Institute
CFA Institute is the global association for investment professionals. It administers the CFA and CIPM curriculum and exam programs worldwide; publishes research; conducts professional development programs; and sets voluntary, ethics-based professional and performance-reporting standards for the investment industry. CFA Institute has more than 102,000 members, who include the world's 92,000 CFA charterholders, in 134 countries and territories, as well as 135 affiliated professional societies in 58 countries and territories. More information may be found at www.cfainstitute.org.

CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

SOURCE Toronto CFA Society

For further information:

Media Contacts

Brookfield Renewable Power Fund
Name: Zev Korman, Director, Investor Relations and Communications
T: 416-359-1955
Email: zev.korman@brookfield.com

CFA Institute
Kathy King, Public Relations Director (The Americas)
C: 434-951-5348 
kathy.King@cfainstitute.org

Toronto CFA Society
Sara Maginn Pacella, Manager External Communication & Member Services
T: 416-366-5755 x 225
spacella@torontocfa.ca

Profil de l'entreprise

Toronto CFA Society

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.