UK - Deutsche Asset Management (DeAM) is to sponsor a fund management prize at City University Business School, London.
The competition is open to students from the school’s MSc Banking and International Finance and MSc Economics and Econometrics programmes. Last year, 75 students competed over a nine-month period to produce a sound investment strategy with the greatest risk-adjusted return.
Mark Salmon, professor of financial markets at City University Business School and organiser of the prize said: “The competition allows students to draw on the theory they learn as part of their course and apply it in a practical context.
“Last year presented very challenging market conditions, but the winning team made a surprisingly good return.”
Steven Bell, DeAM’s global chief economist and one of the prize’s judges, said: “These students are the investment professionals of the future and we are proud to be able to help nurture their talent and ambition. We believe we are contributing to the next generation of fund managers.”
By Janet Du Chenne
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