University of Waterloo Awarded Local Winners of CFA Institute Research Challenge

TORONTO, March 7, 2016 /CNW/ - CFA Society Toronto and CFA Society Ottawa are pleased to announce the winning team of the annual local final of the CFA Institute Research Challenge held in Toronto last week. Congratulations to University of Waterloo for their second consecutive win. Student Team members, Rudder Zhang, Adnan Khan, Kam Dhaliwal, Brent Small, and Daniel Zhang, each received a thousand dollar prize and will be advancing to the regional level of the CFA Instititue Research Challenge in Chicago, Illinois on 12 – 13 April 2016. 

"CFA Society Toronto is pleased to congratulate the University of Waterloo on winning the Local level of the 2016 CFA Institute Research Challenge. This is the fourth time the University of Waterloo has won the Local level and we are excited to see them represent Toronto on a global scale in the Americas Regionals taking place in Chicago." said Sue Lemon, CFA, CEO, CFA Society Toronto.

The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. Students work in teams to research and analyze a publicly traded company, and each team writes a research report on its assigned company with a buy, sell, or hold recommendation. Teams that progress to Local, Regional and Global Finals must present and defend their analysis to a panel of industry professionals. Students learn from experienced industry experts and peers from the world's top business schools.

"We are very excited to represent the University of Waterloo, CFA Society Toronto and CFA Society Ottawa in this year's Americas Regional Finals. We are extremely grateful for the support and mentorship provided by our advisors and look forward to preparing for the next stage of the competition." said Rudder Zhang, University of Waterloo, Team Captain.

For more information visit CFA Institute Research Challenge

About the School of Accounting and Finance 
The University of Waterloo's School of Accounting and Finance is the largest professional school of its kind in English-speaking Canada. Established in 1981, the School offers undergraduate and graduate programs designed to provide students with the competencies, professionalism and practical experience they need to excel in their chosen careers. The School offers undergraduate co-op programs in accounting, finance and computing and financial management. It also offers masters programs in accounting and taxation and a PhD program in accounting. For more details, visit http://saf.uwaterloo.ca.

About CFA Society Toronto
CFA Society Toronto supports the professional and business development of nearly 9,000 CFA® charterholders in Toronto, making it the largest society of CFA charterholders, globally. It 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. A not-for-profit organization, CFA Society Toronto 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. CFA Society Toronto's members are leaders in ethics in the financial community. For more information, please refer to www.cfatoronto.ca.

About CFA Society Ottawa
CFA Society Ottawa is a not-for-profit organization that supports the professional and business development of approximately 362 CFA charterholders in the Ottawa region. Consisting of portfolio managers, security analysts, investment advisors, and other financial professionals, we promote: ethical and professional standards within the investment industry, encourage professional development through the CFA Program and continuing education, facilitate the exchange of information and opinions among people within the local investment community and beyond, and; work to further the public's understanding of the CFA designation and investment industry. CFA Society Ottawa 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. For more information, please refer to www.cfaottawa.ca

About CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors' interests come first, markets function at their best, and economies grow. CFA Institute has more than 135,000 members in 145 countries and territories, including 129,000 CFA charterholders, and 147 member societies. For more information, visit www.cfainstitute.org.

SOURCE CFA Society Toronto

Image with caption: "(Left to right: Rudder Zhang, Adnan Khan, Kam Dhaliwal, Brent Small, Daniel Zhang) (CNW Group/CFA Society Toronto)". Image available at: http://photos.newswire.ca/images/download/20160307_C5073_PHOTO_EN_636576.jpg

For further information: Media Contacts: Patty Mah, School of Accounting and Finance, University of Waterloo, 519.888.4567x37152, patty.mah@uwaterloo.ca; Jonathan Mai, CFA Society Toronto, 416.366.5755x235, media@cfatoronto.ca; Alliccia Hernandez, CFA Institute, Alliccia.Hernandez@cfainstitute.org

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http://www.cfatoronto.ca

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