TORONTO – 17 October 2019 – CFA Society Toronto and CFA Society Ottawa announces that The Descartes Systems Group Inc., a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics business, has been selected as the company to be researched and analyzed for in the local CFA Institute Research Challenge. Ontario university student teams taking part in the local competition will prepare equity research reports on this Canadian (TSX) and American (Nasdaq) listed company that will be reviewed and scored by financial industry professionals.
“We are pleased to take part again in this year’s CFA Institute Research Challenge. This competition is a bridge for us to connect local university students and investment practitioners in a meaningful way. The Society’s aim for this program is to provide future leaders of finance mentorship and guidance in analyzing a Canadian company in a real time situation, giving student teams an unique opportunity to experience what it’s like when they enter the workforce.” said Sue Lemon, CEO, CFA Society Toronto.
The CFA Institute Research Challenge celebrates its 14th year anniversary this season. It 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 their assigned company with a buy, sell, or hold recommendation.
Based on scoring from the written reports, the top four scoring teams will move onto the local finals in Toronto in February 2020. 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. This year’s competitions culminate in New York City for the global final in April 2020.
For more information visit CFA Institute Research Challenge
Media contact CFA Society Toronto
Jonathan Mai
416.366.5755 Ext. 235
media@cfatoronto.ca
About CFA Society Toronto
Founded in 1936, CFA Society Toronto is part of the worldwide network of CFA Institute member societies that lead the investment profession globally by promoting the highest standards of ethics, education and professional excellence for the ultimate benefit of society. CFA Society Toronto represents the interests of over 10,000 investment professionals in the Greater Toronto Area through advocacy, education, events, and professional development. For more information visit http://www.cfatoronto.ca or follow us on Twitter @cfatoronto and on LinkedIn CFA Society Toronto.
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 of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow. There are more than 170,000 CFA charterholders worldwide in 165 markets. CFA Institute has nine offices worldwide and there are 157 local member societies. For more information, visit http://www.cfainstitute.org or follow us on Twitter at @CFAInstitute and on Facebook.com/CFAInstitute.
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