Following entries from investment talent from more than 20 countries, the Chartered Alternative Investment Analyst Assoociation (CAIA) and user-generated fund ratings and model portfolio platform SharingAlpha have announced the 2017 winners of their jointly-supported Asset Allocation Competition.
Launched earlier this year, the Competition required entrants to build a virtual fund of funds, which was then judged against total return from 1 February to 30 November 2017. Over 100 investment professionals in more than 20 countries entered to build the best-performing portfolios.
The 2017 winners are:
- Alberto Moioli, CFA, CAIA, Senior Advisor, Portfolio Modeling, FinecoBank (Italy)
- Nick McBreen, Independent Financial Advisor, Worldwide Financial Planning (UK)
- Austen Robilliard, Head of Investments, Murdoch Asset Management (UK)
The first prize is a a scholarship to complete Level I of the CAIA Exam if they have not already earned the CAIA Charter.
The two runners up gain access to the Fundamentals of Alternative Investment programme. In total prizes amount to over $5,000 (€4,213) in value.
Laura Merlini, managing director, EMEA with CAIA, said: “There were a number of clearly talented individuals who put their skills on display in this year’s competition, and we congratulate the top three finishers along with all who participated.”
“Asset allocation professionals are tasked with the difficult job of identifying, vetting, and adding exposures to funds and managers often working in uncorrelated and esoteric assets. By its very nature, this role requires a commitment to education, which is something we deliver to all of our Members and which we enjoy discussing with anyone working in alternatives who may be interested in learning more about how the CAIA Charter can assist them in their work and professional development.”
Oren Kaplan, CEO and co-founder of SharingAlpha, added: “CAIA has been a wonderful partner for us and it’s been great fun watching our competitors’ portfolios perform over the past several months as the breadth of their investment selections highlighted the many different approaches investment professionals have in their efforts to deliver alpha.”
“Seeing that fund selectors and investment advisoes are judged according to their ability to add value to investors is the exactly the reason we started SharingAlpha, and if this year’s competition is any indication, there are a number of talented fund selectors who will be making their impact in the industry in the years to come.”
For further information visit www.sharingalpha.com