12th HEC Montréal – Caisse de dépôt et placement du Québec Undergraduate Stock Exchange (SBIU): Concordia University walks away with top honours

A delegation from the John Molson School of Business - Concordia University has won first prize at the 12th HEC Montréal – Caisse de dépôt et placement du Québec Undergraduate Stock Exchange (SBIU). The event was held yesterday at the Centre CDP Capital Parquet. The winning team also received a $2,000 scholarship from the Caisse de dépôt et placement du Québec.

The Concordia University team of students finished in first place, with an average portfolio value of $576,441. In second place was a team from Laval University and, in third, a team from McGill University, with average portfolio values of $557,883 and $534,189, respectively.

The event, which simulated financial market trading activities, brought together over 450 finance and administration students from 12 Canadian post-secondary schools. Participants were given the task of trading a fictional investment portfolio with an initial value of $200,000.

Participants came from the following schools: École Polytechnique de Montréal, HEC Montréal, John Molson School of Business – Concordia University, Memorial University of Newfoundland, Sprott School of Business – Carleton University, Bishop’s University, Université Laval, McGill University, Université du Québec à Montréal, Université du Québec en Outaouais, Université de Sherbrooke and Université du Québec à Trois-Rivières.

The Undergraduate Stock Exchange (SBIU) is an initiative of the Société de Relations d'Affaires HEC Montréal. It was made possible through the support of the Caisse de dépôt et placement du Québec, SITQ and CGI, all of which are committed to recognizing the efforts and achievements of the next generation of finance and economy professionals.

About the Caisse de dépôt et placement du Québec
The Caisse de dépôt et placement du Québec is a financial institution that manages funds primarily for public and private pension and insurance plans. As at December 31, 2008, it held $120.1 billion of net assets. As one of the leading institutional fund managers in Canada, the Caisse invests in the main financial markets as well as in private equity and real estate. For more information: www.cdpq.com.