Fourteenth annual HEC Montréal Undergraduate Stock Exchange - The Caisse awards first prize to Université du Québec à Trois-Rivières

A student delegation from Université du Québec à Trois-Rivières (UQTR) earned top marks at the 14th annual HEC Montréal Undergraduate Stock Exchange (SBIU) 2011, held yesterday at the Centre CDP Capital trading floor. The Caisse awarded a $2,000 scholarship to the winning team.

The UQTR team finished in first place with an average portfolio value of $1,665,516. A Laval University delegation came in second with a $1,050,328 average, while HEC Montréal was in third place with $1,034,479.

“The financial market simulation fits within the Caisse’s desire to contribute to Québec’s financial expertise, said Mr. Jean-Luc Gravel, Executive Vice-President, Equity Markets. In the context of today’s financial markets, the ability to analyze and manage portfolios takes on a special importance. We warmly congratulate the winning teams and encourage all participants to continue developing their expertise.”

The competition, a financial market simulation, attracted more than 450 finance and administration students from 10 Canadian universities. To participate, each team had to trade a virtual investment portfolio with an initial value of $200,000.

Participants came from the following schools: HEC Montréal, Laval University, Université du Québec à Montréal, Université du Québec à Trois-Rivières, Université de Montréal, Université du Québec en Outaouais, Université de Sherbrooke, McGill University, Concordia University, York University (Schulich School of Business).

The SBIU, a Société de Relations d'Affaires HEC Montréal initiative, is sponsored by the Caisse, SITQ and CGI in recognition of students who excel at finance and economics.
 

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, 2010, it held $151.7 billion in net assets. As one of Canada’s leading institutional fund managers, the Caisse invests in major financial markets, private equity and real estate. For more information: www.cdpq.com.